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Columbia Sportswear Stock Dives On Q4 Earnings, Soft Guidance: 'We Are Continuing To Pursue Cost Savings'

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Columbia Sportswear Stock Dives On Q4 Earnings, Soft Guidance: 'We Are Continuing To Pursue Cost Savings'

Columbia Sportswear Company (NASDAQ:COLM) shares are tumbling in Tuesday’s after-hours session on the heels of the company’s fourth-quarter financial results. Weak first-quarter guidance appears to be weighing on shares. Here’s a rundown of the report.

  • Q4 Revenue: $1.1 billion, versus estimates of $1.07 billion
  • Q4 Adjusted EPS: $1.80, versus estimates of $1.85

Total revenue was up 3% on a year-over-year basis. Earnings per share grew 16% year-over-year. The company ended the quarter with $815 million in cash and short-term investments.

“I’m encouraged that sales returned to growth in the fourth quarter, and we expect continued growth in 2025, across most brands and regions,” said Tim Boyle, chairman, president and CEO of Columbia Sportswear.

“While we have made substantial progress slowing our rate of SG&A expense growth, we are continuing to pursue cost savings and enhanced profitability.”

Guidance: Columbia Sportswear expects first-quarter revenue to be between $749 million and $764 million versus estimates of $798.5 million, according to Benzinga Pro. The company expects first-quarter earnings to be in the range of 62 cents to 70 cents per share versus estimates of 71 cents per share.

Management will further discuss the quarter on a conference call with analysts and investors at 5 p.m. ET.

COLM Price Action: Columbia Sportswear shares were down 8.86% after-hours, trading at $78.25 at publication Tuesday, per Benzinga Pro.

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Photo: Shutterstock.

 

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