Sportswear – Tailor N Press http://tailornpress.com/ Wed, 11 May 2022 11:01:18 +0000 en-US hourly 1 https://wordpress.org/?v=5.9 https://tailornpress.com/wp-content/uploads/2021/10/cropped-icon-32x32.png Sportswear – Tailor N Press http://tailornpress.com/ 32 32 Fleece Jackets & Vests Market Size and Forecast https://tailornpress.com/fleece-jackets-vests-market-size-and-forecast/ Wed, 11 May 2022 11:01:18 +0000 https://tailornpress.com/fleece-jackets-vests-market-size-and-forecast/

New Jersey, United States – Comprehensive analyzes of the fastest growing companies Fleece Jackets & Vests Market provide information that helps stakeholders identify opportunities and challenges. The 2022 markets could be another big year for fleece jackets and vests. This report provides an overview of the company’s activities and financial situation (a company profile is required if you want to raise capital or attract investors), recent developments (mergers and acquisitions) and recent SWOT analyses. This report focuses on the Fleece Jackets and Vests Market over the assessment period 2029. The report also provides an analysis of the growth of the Fleece Jackets and Vests market which includes Porter’s Five Factor Analysis and the supply chain analysis.

It describes the behavior of the industry. It also outlines a future direction that will help companies and other stakeholders make informed decisions that will ensure strong returns for years to come. The report provides a practical overview of the global market and its changing environment to help readers make informed decisions about market projects. This report focuses on growth opportunities that allow the market to expand its operations in existing markets.

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The report helps both major players and new entrants to analyze the market in depth. This helps key players determine their business strategy and set goals. The report provides key market insights including niche growth opportunities along with market size, growth rate and forecast in key regions and countries.

The Fleece Jackets & Vests report contains data based on rigorous studies of primary and secondary schools using best research practices. The report contains exhaustive information which will enable you to evaluate each segment of the Fleece Jackets and Vests market. This report has been prepared considering various aspects of market research and analysis. It includes market size estimates, market dynamics, and company and market best practices. Entry marketing strategy, positioning, segmentation, competitive landscape and economic forecasts. Industry-specific technology solutions, roadmap analysis, alignment to key buying criteria, in-depth vendor product benchmarking

Key Players Mentioned in the Fleece Jackets and Vests Market Research Report:

Amer Sports, Columbia Sportswear, Jack Wolfskin, HanesBrands, Marmot, The North Face, Toread Outdoor, PELLIOT, Kailas, Eddie Bauer, Helly Hansen, Black Yak, OZARK, Lafuma, Patagonia, Outdoor Research

Fleece Jackets and Vests Market Segmentation:

By Product Type, the market is primarily split into:

• Fleece jackets
• Polar vests

By application, this report covers the following segments:

• Men
• Women
• Kids

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Scope of the Fleece Jackets and Vests Market Report

ATTRIBUTES DETAILS
ESTIMATED YEAR 2022
YEAR OF REFERENCE 2021
FORECAST YEAR 2029
HISTORICAL YEAR 2020
UNITY Value (million USD/billion)
SECTORS COVERED Types, applications, end users, and more.
REPORT COVER Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
BY REGION North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
CUSTOMIZATION SCOPE Free report customization (equivalent to up to 4 analyst business days) with purchase. Added or changed country, region and segment scope.

Geographic segment covered in the report:

The Fleece Jackets & Vests report provides information on the market area, which is further sub-divided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.

• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)

Key questions answered in this Fleece Jackets and Vests market report

  1. How much revenue will the Fleece Jackets and Vests market generate by the end of the forecast period?
  2. Which market segment is expected to have the maximum market share?
  3. What are the influencing factors and their impact on the Fleece Jackets and Vests market?
  4. Which regions are currently contributing the maximum share of the global Fleece Jackets & Vests market?
  5. Which indicators are likely to drive the Fleece Jackets & Vests market?
  6. What are the main strategies of the main players of the Fleece Jackets and Vests market to expand their geographical presence?
  7. What are the key advancements in the Fleece Jackets & Vests market?
  8. How Regulatory Standards Affect The Fleece Jackets & Vests Market?

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Visualize Fleece Jackets & Vests Market Using Verified Market Intelligence:-

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Visualize the fleece jackets and vests market using VMI @ https://www.verifiedmarketresearch.com/vmintelligence/

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Columbia Sportswear (NASDAQ:COLM) Releases Fiscal 2022 Earnings Guidance https://tailornpress.com/columbia-sportswear-nasdaqcolm-releases-fiscal-2022-earnings-guidance/ Tue, 10 May 2022 12:33:45 +0000 https://tailornpress.com/columbia-sportswear-nasdaqcolm-releases-fiscal-2022-earnings-guidance/

Columbia Sportswear (NASDAQ:COLMGet a rating) released an update to its fiscal 2022 earnings guidance Monday morning. The company provided EPS guidance of $5.70 to $6.00 for the period, compared to the consensus estimate of EPS of $5.75. The company released a revenue forecast of $3.63 billion to $3.69 billion, versus a consensus revenue estimate of $3.67 billion.

Shares of NASDAQ:COLM opened at $75.84 on Tuesday. The stock has a market capitalization of $4.77 billion, a PE ratio of 13.66, a P/E/G ratio of 1.54 and a beta of 0.90. Columbia Sportswear has a 1-year low of $74.49 and a 1-year high of $108.47. The company has a fifty-day moving average price of $88.19 and a 200-day moving average price of $94.09.

Columbia Sportswear (NASDAQ:COLMGet a rating) last released its results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating analysts’ consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million in the quarter, compared to analyst estimates of $762.88 million. Columbia Sportswear had a net margin of 11.19% and a return on equity of 19.34%. The company’s revenue increased 21.7% year over year. In the same quarter of the previous year, the company achieved EPS of $0.84. On average, stock analysts expect Columbia Sportswear to post earnings per share of 5.85 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30. The ex-dividend date is Wednesday, May 18. This represents an annualized dividend of $1.20 and a dividend yield of 1.58%. Columbia Sportswear’s payout ratio is 21.62%.

Several equity research analysts have recently released reports on the stock. Zacks Investment Research downgraded shares of Columbia Sportswear from a buy rating to a hold rating and set a price target of $92.00 for the stock. in a research note from Tuesday, April 12. Bank of America downgraded shares of Columbia Sportswear from a neutral to an underperforming rating and lowered its price target for the stock from $108.00 to $80.00 in a Friday research note April 29. Robert W. Baird lowered his price target on shares of Columbia Sportswear from $110.00 to $100.00 in a Friday, April 29 research note. CL King upgraded shares of Columbia Sportswear to a Buy rating and set a price target of $117.00 on the stock in a Friday, Feb. 4 research note. Finally, TheStreet downgraded shares of Columbia Sportswear from an ab to a c+ rating in a Thursday, April 28 research note. One research analyst rated the stock with a sell rating, six issued a hold rating and three gave the company’s stock a buy rating. Based on data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of Hold and a consensus price target of $104.57.

Separately, director Ronald E. Nelson sold 3,706 shares of the company in a transaction dated Thursday, May 5. The stock was sold at an average price of $80.16, for a total transaction of $297,072.96. Following completion of the transaction, the administrator now directly owns 14,402 shares of the company, valued at approximately $1,154,464.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade that took place on Tuesday, May 3. The shares were sold at an average price of $81.14, for a total value of $208,367.52. Following completion of the transaction, the director now owns 112,627 shares of the company, valued at $9,138,554.78. Disclosure of this sale can be found here. Insiders hold 40.33% of the shares of the company.

Several institutional investors and hedge funds have recently changed their holdings in COLM. Morgan Stanley increased its position in Columbia Sportswear shares by 106.0% in the second quarter. Morgan Stanley now owns 130,478 shares of the textile maker valued at $12,834,000 after buying an additional 67,154 shares during the period. Goldman Sachs Group Inc. increased its position in Columbia Sportswear shares by 3.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 147,522 shares of the textile maker valued at $14,375,000 after buying an additional 5,345 shares during the period. LPL Financial LLC increased its position in Columbia Sportswear shares by 12.8% in the fourth quarter. LPL Financial LLC now owns 6,010 shares of the textile maker valued at $588,000 after purchasing an additional 680 shares during the period. Lombard Odier Asset Management USA Corp acquired a new position in shares of Columbia Sportswear in Q4 valued at around $283,000. Finally, Legal & General Group Plc increased its position in Columbia Sportswear shares by 1.1% in the 4th quarter. Legal & General Group Plc now owns 51,537 shares of the textile maker valued at $5,022,000 after buying an additional 576 shares during the period. Institutional investors and hedge funds own 48.65% of the company’s shares.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Zacks: Analysts expect Columbia Sportswear (NASDAQ:COLM) to report quarterly sales of $595.13 million https://tailornpress.com/zacks-analysts-expect-columbia-sportswear-nasdaqcolm-to-report-quarterly-sales-of-595-13-million/ Tue, 10 May 2022 07:11:42 +0000 https://tailornpress.com/zacks-analysts-expect-columbia-sportswear-nasdaqcolm-to-report-quarterly-sales-of-595-13-million/

Wall Street analysts predict that Columbia Sportswear (NASDAQ:COLM – Get a rating) will post sales of $595.13 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts released earnings estimates for Columbia Sportswear, with the highest sales estimate at $597.90 million and the lowest estimate at $591.80 million. Columbia Sportswear reported sales of $566.37 million in the same quarter last year, indicating a positive year-over-year growth rate of 5.1%. The company is expected to release its next quarterly earnings report on Monday, January 1.

According to Zacks, analysts expect Columbia Sportswear to post annual sales of $3.67 billion for the current fiscal year, with estimates ranging from $3.63 billion to $3.69 billion. For the next fiscal year, analysts expect the company to report sales of $3.89 billion, with estimates ranging from $3.83 billion to $3.98 billion. Zacks sales averages are an average average based on a survey of research companies that track Columbia Sportswear.

Columbia Sportswear (NASDAQ:COLM – Get a rating) last released its results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating analysts’ consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million in the quarter, versus a consensus estimate of $762.88 million. Columbia Sportswear had a return on equity of 19.34% and a net margin of 11.19%. The company’s revenue for the quarter increased 21.7% compared to the same quarter last year. In the same period a year earlier, the company posted earnings of $0.84 per share.

(A d)

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A number of brokerages have weighed in on COLM recently. Bank of America downgraded Columbia Sportswear from a “neutral” to an “underperforming” rating and lowered its price target for the stock from $108.00 to $80.00 in a research note from the Friday, April 29. Robert W. Baird cut his price target on Columbia Sportswear stock from $110.00 to $100.00 in a Friday, April 29 report. Cowen raised his price target on shares of Columbia Sportswear from $110.00 to $116.00 and gave the stock an “outperform” rating in a Wednesday, Feb. 9 research note. Zacks Investment Research downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating and set a target price of $92.00 for the stock. in a research note from Tuesday, April 12. Finally, CL King upgraded Columbia Sportswear to a “buy” rating and set a target price of $117.00 for the company in a Friday, February 4 report. One equity research analyst has assigned the stock a sell rating, six have issued a hold rating and three have assigned the stock a buy rating. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $104.57.

In other Columbia Sportswear news, Director Ronald E. Nelson sold 3,706 shares of the company in a trade Thursday, May 5. The shares were sold at an average price of $80.16, for a total value of $297,072.96. As a result of the sale, the administrator now directly owns 14,402 shares of the company, valued at approximately $1,154,464.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via the SEC website. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade dated Tuesday, May 3. The stock was sold at an average price of $81.14, for a total transaction of $208,367.52. Following the transaction, the administrator now owns 112,627 shares of the company, valued at approximately $9,138,554.78. Disclosure of this sale can be found here. 40.33% of the shares are held by insiders.

Several hedge funds and other institutional investors have recently changed their holdings in COLM. First Manhattan Co. increased its stake in Columbia Sportswear by 304.9% during the third quarter. First Manhattan Co. now owns 332 shares of the textile maker worth $31,000 after buying an additional 250 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of Columbia Sportswear in Q1 worth approximately $31,000. Bedel Financial Consulting Inc. increased its position in Columbia Sportswear shares by 300.0% during the 4th quarter. Bedel Financial Consulting Inc. now owns 400 shares of the textile maker worth $39,000 after purchasing an additional 300 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Columbia Sportswear in Q4 valued at $43,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Columbia Sportswear by 233.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 716 shares of the textile maker valued at $65,000 after acquiring 501 additional shares during the period. Institutional investors and hedge funds own 48.65% of the company’s shares.

COLM stock opened at $75.84 on Tuesday. The company has a market capitalization of $4.77 billion, a PE ratio of 13.66, a P/E/G ratio of 1.54 and a beta of 0.90. Columbia Sportswear has a 12-month low of $74.49 and a 12-month high of $108.47. The company has a 50-day simple moving average of $88.19 and a 200-day simple moving average of $94.09.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Investors of record on Thursday, May 19 will receive a dividend of $0.30 per share. This represents an annualized dividend of $1.20 and a dividend yield of 1.58%. The ex-dividend date is Wednesday, May 18. Columbia Sportswear’s dividend payout ratio is currently 21.62%.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

Further reading

Get a Free Copy of Zacks Research Report on Columbia Sportswear (COLM)

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This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

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Columbia Sportswear (COLM) – Recent Analyst Rating Changes https://tailornpress.com/columbia-sportswear-colm-recent-analyst-rating-changes/ Mon, 09 May 2022 11:14:08 +0000 https://tailornpress.com/columbia-sportswear-colm-recent-analyst-rating-changes/

A number of companies have changed their ratings and price targets on the shares of Columbia Sportswear (NASDAQ: COLM) recently:

  • 04/29/2022 – Columbia Sportswear has been downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperforming” rating. They now have a price target of $80.00 on the stock, down from $108.00 previously.
  • 04/29/2022 – Columbia Sportswear has been downgraded by analysts at StockNews.com from a “buy” odd to a “hold” odd.
  • 04/29/2022 – Columbia Sportswear has had its price target lowered by Robert W. Baird analysts from $110.00 to $100.00.
  • 04/28/2022 – Columbia Sportswear has been downgraded by TheStreet analysts from a ‘b’ rating to a ‘c+’ rating.
  • 04/12/2022 – Columbia Sportswear has been downgraded by analysts at Zacks Investment Research from a “buy” odd to a “hold” odd. They now have a price target of $92.00 on the stock. According to Zacks, “Columbia Sportswear shares have outperformed the industry over the past three months. The company benefits from its strong direct-to-consumer (DTC) business, which, coupled with a full-price retail landscape, has boosted fourth quarter 2021 results. During the quarter, both top and bottom results increased year-over-year and exceeded Zacks’ consensus estimate. The strong performance reflects the strength of the brands in the company. However, the company has been experiencing high SG&A costs and high ocean freight costs for some time. The year-over-year increase in SG&A expenses can be attributed to the costs of supporting the growth of the business, which include increased global retail, incentive compensation, demand creation and personnel costs. Management expects gross margin to contract by approximately 160 basis points and wait rises to nearly 50% in 2022.”
  • 3/31/2022 – Columbia Sportswear is now covered by analysts at StockNews.com. They set a “buy” rating on the stock.

Stock Columbia Sportswear opened at $76.31 on Monday. The stock has a market capitalization of $4.80 billion, a P/E ratio of 13.75, a price-to-earnings growth ratio of 1.54 and a beta of 0.90. The company has a fifty-day simple moving average of $88.49 and a 200-day simple moving average of $94.26. Columbia Sportswear has a 12-month low of $76.01 and a 12-month high of $109.40.

Columbia Sportswear (NASDAQ:COLMGet a rating) last released its quarterly earnings data on Thursday, April 28. The textile maker reported earnings per share (EPS) of $1.03 for the quarter, beating the consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million in the quarter, compared to $762.88 million expected by analysts. Columbia Sportswear had a net margin of 11.19% and a return on equity of 19.34%. The company’s revenue for the quarter increased 21.7% year over year. During the same period of the previous year, the company achieved EPS of $0.84. On average, sell-side analysts expect Columbia Sportswear to post earnings per share of 5.85 for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 18. This represents an annualized dividend of $1.20 and a dividend yield of 1.57%. Columbia Sportswear’s dividend payout ratio (DPR) is currently 21.62%.

Separately, director Ronald E. Nelson sold 3,706 shares of the company in a trade on Thursday, May 5. The shares were sold at an average price of $80.16, for a total value of $297,072.96. Following the completion of the sale, the director now directly owns 14,402 shares of the company, valued at $1,154,464.32. The sale was disclosed in a filing with the SEC, which is available via this hyperlink. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade on Tuesday, May 3. The shares were sold at an average price of $81.14, for a total transaction of $208,367.52. Following the completion of the sale, the director now directly owns 112,627 shares of the company, valued at $9,138,554.78. Disclosure of this sale can be found here. 40.33% of the shares are currently held by insiders.

Several large investors have recently changed their positions in the company. Atlanta Capital Management Co. LLC increased its holdings of Columbia Sportswear stock 3.5% in the fourth quarter. Atlanta Capital Management Co. LLC now owns 3,104,900 shares of the textile maker valued at $302,541,000 after buying an additional 104,451 shares in the last quarter. JPMorgan Chase & Co. increased its position in Columbia Sportswear shares by 36.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,374,952 shares of the textile maker valued at $133,975,000 after buying an additional 366,034 shares in the last quarter. Invesco Ltd. increased its position in Columbia Sportswear shares by 2.2% in the third quarter. Invesco Ltd. now owns 1,362,159 shares of the textile maker valued at $130,550,000 after buying an additional 29,946 shares in the last quarter. Boston Trust Walden Corp increased its position in shares of Columbia Sportswear by 64.9% in the first quarter. Boston Trust Walden Corp now owns 965,434 shares of the textile maker valued at $87,401,000 after buying an additional 380,140 shares in the last quarter. Finally, State Street Corp increased its position in Columbia Sportswear shares by 2.7% in the fourth quarter. State Street Corp now owns 930,428 shares of the textile maker valued at $90,661,000 after buying an additional 24,224 shares in the last quarter. 48.65% of the shares are held by institutional investors and hedge funds.

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Analysts Expect Columbia Sportswear (NASDAQ:COLM) to Post EPS of $0.05 https://tailornpress.com/analysts-expect-columbia-sportswear-nasdaqcolm-to-post-eps-of-0-05/ Sun, 08 May 2022 16:14:43 +0000 https://tailornpress.com/analysts-expect-columbia-sportswear-nasdaqcolm-to-post-eps-of-0-05/

Equity research analysts predict that Columbia Sportswear (NASDAQ:COLMGet a rating) will report earnings per share (EPS) of $0.05 for the current fiscal quarter, Zacks Investment Research reports. Three analysts provided earnings estimates for Columbia Sportswear. The lowest EPS estimate is $0.00 and the highest is $0.10. Columbia Sportswear posted earnings per share of $0.61 in the same quarter last year, suggesting a negative 91.8% year-over-year growth rate. The company is expected to release its next results on Monday, January 1.

According to Zacks, analysts expect Columbia Sportswear to report annual earnings of $5.85 per share for the current fiscal year, with EPS estimates ranging from $5.75 to $6.00. For next year, analysts expect the company to post earnings of $6.43 per share, with EPS estimates ranging from $6.00 to $6.63. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts who provide coverage for Columbia Sportswear.

Columbia Sportswear (NASDAQ:COLMGet a rating) last announced its results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating the consensus estimate of $0.85 by $0.18. Columbia Sportswear had a net margin of 11.19% and a return on equity of 19.34%. The company posted revenue of $761.50 million in the quarter, versus a consensus estimate of $762.88 million. In the same quarter a year earlier, the company posted EPS of $0.84. The company’s revenue for the quarter increased 21.7% year over year.

COLM has been the subject of several analyst reports. StockNews.com downgraded shares of Columbia Sportswear from a “buy” rating to a “hold” rating in a research note on Friday, April 29. Seaport Res Ptn moved shares of Columbia Sportswear from a “neutral” rating to a “buy” rating in a Friday, January 28 research note. Bank of America downgraded Columbia Sportswear shares from a ‘neutral’ to an ‘underperforming’ rating and lowered its price target for the company from $108.00 to $80.00 in a research note Friday, April 29. TheStreet downgraded shares of Columbia Sportswear from a “b” rating to a “c+” rating in a Thursday, April 28 research note. To finish, Zacks Investment Research downgraded Columbia Sportswear from a “buy” rating to a “hold” rating and set a target price of $92.00 for the company. in a report on Tuesday, April 12. One research analyst gave the stock a sell rating, six gave the stock a hold rating and three gave the stock a buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $104.57.

In related news, director Ronald E. Nelson sold 3,706 shares of the company in a trade that took place on Thursday, May 5. The stock was sold at an average price of $80.16, for a total transaction of $297,072.96. Following the sale, the director now directly owns 14,402 shares of the company, valued at approximately $1,154,464.32. The transaction was disclosed in a document filed with the SEC, accessible via this hyperlink. Additionally, director Stephen E. Babson sold 2,568 shares of the company in a trade that took place on Tuesday, May 3. The shares were sold at an average price of $81.14, for a total value of $208,367.52. Following the sale, the administrator now directly owns 112,627 shares of the company, valued at $9,138,554.78. Disclosure of this sale can be found here. Company insiders own 41.15% of the company’s shares.

Hedge funds and other institutional investors have recently changed their stakes in the company. First Manhattan Co. increased its position in Columbia Sportswear by 304.9% in the third quarter. First Manhattan Co. now owns 332 shares of the textile maker worth $31,000 after buying an additional 250 shares during the period. Exchange Traded Concepts LLC acquired a new stake in Columbia Sportswear in the first quarter worth $31,000. Bedel Financial Consulting Inc. increased its position in Columbia Sportswear by 300.0% in the fourth quarter. Bedel Financial Consulting Inc. now owns 400 shares of the textile maker worth $39,000 after buying an additional 300 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Columbia Sportswear in the fourth quarter valued at $43,000. Finally, Nisa Investment Advisors LLC acquired a new stake in Columbia Sportswear in the first quarter worth $195,000. 48.65% of the shares are currently held by hedge funds and other institutional investors.

COLM share traded at $3.44 during Friday’s trading, reaching $76.31. The stock recorded a trading volume of 798,655 shares, compared to an average volume of 382,123 shares. The company’s 50-day moving average price is $88.49 and its two-hundred-day moving average price is $94.29. Columbia Sportswear has a 1-year low of $76.01 and a 1-year high of $109.40. The stock has a market capitalization of $4.80 billion, a price-to-earnings ratio of 13.75, a growth price-to-earnings ratio of 1.61 and a beta of 0.90.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30 per share. This represents an annualized dividend of $1.20 and a dividend yield of 1.57%. The ex-dividend date is Wednesday, May 18. Columbia Sportswear’s dividend payout ratio (DPR) is currently 21.62%.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Columbia Sportswear (NASDAQ:COLM) executive sells stock for $297,072.96 https://tailornpress.com/columbia-sportswear-nasdaqcolm-executive-sells-stock-for-297072-96/ Sat, 07 May 2022 11:05:06 +0000 https://tailornpress.com/columbia-sportswear-nasdaqcolm-executive-sells-stock-for-297072-96/

Columbia Sportswear (NASDAQ:COLMGet a rating) Director Ronald E. Nelson sold 3,706 shares of the company in a trade that took place on Thursday, May 5. The shares were sold at an average price of $80.16, for a total value of $297,072.96. Following the completion of the sale, the director now directly owns 14,402 shares of the company, valued at $1,154,464.32. The transaction was disclosed in an SEC filing, which is available via the SEC website.

Stock Columbia Sportswear opened at $76.31 on Friday. The stock has a fifty-day moving average of $88.49 and a two-hundred-day moving average of $94.31. The company has a market capitalization of $4.80 billion, a price-earnings ratio of 13.75, a PEG ratio of 1.69 and a beta of 0.90. Columbia Sportswear has a fifty-two week low of $76.01 and a fifty-two week high of $109.40.

Columbia Sportswear (NASDAQ:COLMGet a rating) last released its quarterly results on Thursday, April 28. The textile maker reported earnings per share of $1.03 for the quarter, beating the consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million in the quarter, versus a consensus estimate of $762.88 million. Columbia Sportswear had a return on equity of 19.34% and a net margin of 11.19%. Columbia Sportswear revenue increased 21.7% compared to the same quarter last year. In the same quarter last year, the company posted earnings per share of $0.84. Research analysts expect Columbia Sportswear to post earnings per share of 5.85 for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 2. Shareholders of record on Thursday, May 19 will receive a dividend of $0.30 per share. This represents an annualized dividend of $1.20 and a yield of 1.57%. The ex-dividend date is Wednesday, May 18. Columbia Sportswear’s payout ratio is 21.62%.

Several research companies have recently commented on COLM. CL King elevated Columbia Sportswear to a “buy” rating and set a price target of $117.00 for the company in a Friday, February 4 report. Cowen raised its price target on Columbia Sportswear from $110.00 to $116.00 and gave the company an “outperform” rating in a Wednesday, Feb. 9 report. StockNews.com downgraded Columbia Sportswear from a “buy” rating to a “hold” rating in a Friday, April 29 research note. TheStreet downgraded Columbia Sportswear from a “b” rating to a “c+” rating in a Thursday, April 28 research note. Finally, Seaport Res Ptn upgraded Columbia Sportswear from a “neutral” rating to a “buy” rating in a Friday, January 28 research note. One research analyst rated the stock with a sell rating, six assigned a hold rating and three assigned the company a buy rating. Based on data from MarketBeat, Columbia Sportswear currently has a consensus rating of “Hold” and an average target price of $104.57.

A number of institutional investors have recently increased or reduced their stake in COLM. Morgan Stanley increased its position in Columbia Sportswear by 106.0% during the second quarter. Morgan Stanley now owns 130,478 shares of the textile maker worth $12,834,000 after buying an additional 67,154 shares last quarter. The New York State Common Retirement Fund increased its position in Columbia Sportswear shares by 3.9% in the third quarter. The New York State Common Retirement Fund now owns 45,405 shares of the textile maker valued at $4,352,000 after buying an additional 1,705 shares during the period. The North Carolina state treasurer increased its position in Columbia Sportswear stock by 3.5% in the third quarter. The North Carolina state treasurer now owns 14,385 shares of the textile maker worth $1,379,000 after buying 489 additional shares during the period. Shell Asset Management Co. bought a new stake in shares of Columbia Sportswear in the third quarter worth $477,000. Finally, Deutsche Bank AG increased its position in Columbia Sportswear shares by 9.5% in the third quarter. Deutsche Bank AG now owns 20,530 shares of the textile maker valued at $1,967,000 after buying an additional 1,782 shares during the period. 48.65% of the shares are held by institutional investors.

About Columbia Sportswear (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia- Pacific, Europe, Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Columbia Sportswear Eliminate PFAS Campaign Launching Today https://tailornpress.com/columbia-sportswear-eliminate-pfas-campaign-launching-today/ Thu, 05 May 2022 22:46:43 +0000 https://tailornpress.com/columbia-sportswear-eliminate-pfas-campaign-launching-today/

Outdoor gear and apparel company set to steer industry away from using toxic ‘eternal chemicals’

Today, the NRDC and the US PIRG Education Fund launched a campaign urging Columbia Sportswear to eliminate toxic PFAS chemicals from their products and supply chain by 2024. The campaign will engage everyday consumers through a petition campaign and mobilize the public affected by PFAS contamination.

Use of PFAS in the outdoor industry

PFAS, also known as per- and polyfluoroalkyl substances, are a class of a estimated at 12,000 chemicals linked to cancer, damage to the immune system and a host of other health problems. They are often applied to outdoor clothing and gear to make them more water and stain resistant. This convenience comes at a cost, however. Through the use of PFAS-treated clothing and accidental ingestion, PFAS-contaminated clothing can expose us directly to these harmful chemicals. Additionally, PFAS found in clothing can seep into our environment, contaminating our land, air, and drinking water.

A recent dashboard published by NRDC, US PIRG Education Fund and Fashion FWD ranked leading apparel brands on efforts to eliminate the use of PFAS in their supply chains. Columbia Sportswear earned an “F” for its failure to commit to phasing out all use of PFAS from its supply chain.

As one of the largest outdoor apparel brands in the United States and with a focus on providing products to consumers who enjoy spending time outdoors, Columbia Sportswear is expected to lead efforts to eliminate the use of PFAS in clothing, without being left behind.

Columbia Sportswear would benefit from eliminating PFAS

Not only does the use of PFAS create risks for people and the planet, but it could also harm the company’s sales. Industry experts believe that Columbia Sportswear would like to expand its customer base to young middle-class and upper-middle-class customers. Numerous studies and surveys indicate that Gen Z is much more sustainability-focused than previous generations. Given the growing public profile of PFAS contamination from films, such as dark watersregulatory actions, news and the emergence of outdoor apparel companies that have already committed to eliminating PFAS from their supply chains, outdoor apparel companies that fail to ban all PFAS risk losing their “green” reputation.

Columbia Sportswear’s latest annual corporate responsibility report states that chemicals management is one of the pillars it uses to help “sustain the places where we live, work and play”. Despite this, Columbia Sportswear still uses PFAS — chemicals known to threaten the environment and public health — in its supply chain. Of thousands of PFAS chemicals, the company bans only a handful in its products.

The company’s website also states: “a sustainable planet starts with clean water.” The company has set itself the goal of “helping to combat our global water crisis by bringing clean water to the most disadvantaged communities in the world”. While this vision is laudable, Columbia Sportswear’s continued use of PFAS in its supply chain threatens to contaminate our drinking water. PFAS can contaminate water throughout its life cycleand it is estimated to be found in the drinking water supply of more than 200 million Americans.

Given the threat of PFAS to public health and our precious outdoor spaces, and Columbia Sportswear’s vision to protect clean water and our outdoor environment, the company should immediately commit to quickly eliminating the use of PFAS in its supply chain. Anything less than the elimination of all use of PFAS in its products will present significant risks to the company, its customers, and the outdoor places we love and cherish.

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Recovery: the next frontier of sportswear | Business in vogue https://tailornpress.com/recovery-the-next-frontier-of-sportswear-business-in-vogue/ Wed, 04 May 2022 04:43:34 +0000 https://tailornpress.com/recovery-the-next-frontier-of-sportswear-business-in-vogue/

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From triathlons to running to weight lifting, a post-lockdown fitness boom is in full swing. After exercising at home for up to two years, consumers are returning to gyms and taking on all sorts of tough athletic challenges in the reclaimed outdoors.

What’s emerging is a community of everyday athletes pushing their bodies to new limits. This presents a niche opportunity for sports apparel and sports technology startups to provide specialized support for recovery, ranging from garments using compression to wearables with data sensors.

“Today’s fitness consumers are insatiable about how to achieve optimal performance and well-being in their daily lives,” says Lottie Whyte, founder and CEO of UK-based recovery startup Myomaster. She launched her business in 2019 after identifying a white space for recovery-focused tech and clothing.

The global sportswear market was worth an estimated $364 billion in 2021, according to Euromonitor International data seen by Business in vogue. Within this framework, performance clothing represents 96 billion dollars. However, the biggest brands have not prioritized recovery. “If you look at Nike and Adidas, they just haven’t addressed recovery in any meaningful way in apparel, tools, or footwear,” Whyte says. “I think that’s one of the reasons it’s a really exciting space for us. Behind sports fan engagement, sports recovery is the fastest growing segment of sports.

Responding to the fitness boom

The pandemic has seen an increase in online fitness activities and communities, ranging from high-intensity home workouts to running and cycling, tracked using apps such as Strava or an Apple Watch. That momentum continues as pandemic shutdowns and restrictions have eased, although home activity has understandably declined as gyms have reopened. “There’s a growing group of people committed to their fitness in ways the industry has never seen before, pushing their bodies in ways we couldn’t have dreamed of,” says Whyte.

Myomaster has secured £350,000 seed funding in 2021 and is preparing to launch a recovery-focused clothing collection this fall. “One of the biggest obstacles to people getting well is time,” says Whyte. “We thought, if we could just put [recovery tech] on people’s bodies to finish their workout and wear it — they don’t even have to think about it — that seems like a no-brainer to us. This makes it super accessible.

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Columbia Sportswear (NASDAQ:COLM) cut to C+ at TheStreet https://tailornpress.com/columbia-sportswear-nasdaqcolm-cut-to-c-at-thestreet/ Sat, 30 Apr 2022 11:17:22 +0000 https://tailornpress.com/columbia-sportswear-nasdaqcolm-cut-to-c-at-thestreet/

Columbia Sportswear (NASDAQ:COLMGet a rating) was downgraded by TheStreet investment analysts from a “b” rating to a “c+” rating in a report released Thursday, TheStreetRatingsTable reports.

A number of other research analysts have also published reports on COLM. Cowen raised its target price on Columbia Sportswear from $110.00 to $116.00 and gave the company an “outperform” rating in a Wednesday, Feb. 9 report. Zacks Investment Research downgraded Columbia Sportswear from a “buy” rating to a “hold” rating and set a target price of $92.00 for the stock. in a report on Tuesday, April 12. Seaport Res Ptn upgraded Columbia Sportswear from a “neutral” rating to a “buy” rating in a Friday, January 28 report. StockNews.com lowered Columbia Sportswear from a “buy” rating to a “hold” rating in a report released Friday. Finally, Robert W. Baird lowered his price target on Columbia Sportswear from $110.00 to $100.00 in a report on Friday. One research analyst rated the stock with a sell rating, six issued a hold rating and three issued a buy rating for the company’s stock. According to data from MarketBeat, Columbia Sportswear has a consensus rating of “Hold” and a consensus target price of $104.57.

NASDAQ COLM opened at $82.16 on Thursday. The company has a market capitalization of $5.17 billion, a P/E ratio of 14.80, a P/E/G ratio of 1.67 and a beta of 0.90. The stock has a 50-day moving average of $89.68 and a two-hundred-day moving average of $94.84. Columbia Sportswear has a 1-year minimum of $80.02 and a 1-year maximum of $110.44.

Columbia Sportswear (NASDAQ:COLMGet a rating) last released its results on Thursday, April 28. The textile maker reported earnings per share (EPS) of $1.03 for the quarter, beating the Zacks consensus estimate of $0.85 by $0.18. The company posted revenue of $761.50 million for the quarter, versus analyst estimates of $762.88 million. Columbia Sportswear had a return on equity of 18.64% and a net margin of 11.33%. The company’s revenue for the quarter increased by 21.7% compared to the same quarter last year. In the same quarter a year earlier, the company posted earnings per share of $0.84. On average, sell-side analysts expect Columbia Sportswear to post an EPS of 5.76 for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC increased its stake in Columbia Sportswear by 102.9% in the first quarter. SG Americas Securities LLC now owns 15,226 shares of the textile maker valued at $1,378,000 after buying an additional 7,722 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in Columbia Sportswear in the first quarter worth $195,000. DekaBank Deutsche Girozentrale acquired a new stake in Columbia Sportswear in the first quarter worth $972,000. Comerica Bank increased its holdings in Columbia Sportswear by 4.2% in the first quarter. Comerica Bank now owns 29,085 shares of the textile maker valued at $2,611,000 after buying an additional 1,165 shares in the last quarter. Finally, New York State Teachers Retirement System increased its holdings in Columbia Sportswear by 22.7% in the first quarter. The New York State Teachers’ Retirement System now owns 9,745 shares of the textile maker valued at $882,000 after buying an additional 1,800 shares in the last quarter. 53.95% of the shares are currently held by institutional investors.

Columbia Sportswear Company Profile (Get a rating)

Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets and distributes outdoor, active and everyday apparel, footwear, accessories and equipment in the United States, Latin America, Asia Pacific, Europe, the Middle East, Africa and Canada. The company provides clothing, accessories and equipment that are used in various activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, running , water sports, yoga, golf and adventure travel.

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Footwear brand Sorel leads the growth of Columbia Sportswear https://tailornpress.com/footwear-brand-sorel-leads-the-growth-of-columbia-sportswear/ Fri, 29 Apr 2022 17:09:49 +0000 https://tailornpress.com/footwear-brand-sorel-leads-the-growth-of-columbia-sportswear/ Columbia Sportswear posted a strong first-quarter sales increase, with footwear brand Sorel leading the growth.

All Columbia Brands saw sales increase in all areas, but Sorel topped them all with 37% year-over-year growth, followed by the Columbia brand with 22% growth. Columbia Sportswear owns Mountain Hardwear, Sorel and PrAna, in addition to the Columbia brand. The company’s total net sales increased 22% year over year to $761.5 million in the first quarter.

“Compelling new sneaker styles from Sorel and a resurgence in the wedge category have contributed to phenomenal demand and brand warmth,” CEO Tim Boyle said on a call with investors and analysts. “Columbia’s success is rooted in the brand’s differentiated innovation, value proposition and authentic outdoor heritage.”

Founded in 1962, Sorel was known for its high-end boots and was later acquired by Columbia filed for bankruptcy in 2000 for $8 million. Now, Columbia executives have said they expect Sorel to be its fastest-growing brand in 2022 as it continues to move away from being a pure winter brand, according to its call for fourth quarter results. On the recent earnings call, executives said Sorel’s sales were driven by strong performance in wholesale and direct-to-consumer sales.

“In addition to favorable cold weather product sales, we continue to see year-round styles gain traction,” Boyle said. “The Kinetic Impact Lace sneaker was the number one style by units sold on Sorel.com, underscoring the brand’s growing presence in the multi-billion dollar sneaker category.”

The clothing brand has been one of the retailers that benefited from the outdoor boom during the pandemic, and during the winter season analysts say Sorel’s winter products were positioned to meet demand. As other retailers like lululemon Betting on the shoe market for growth, Columbia seems to be benefiting again from already having an established brand on its roster.

The shoes seem to be one of the retail brands last battlefields. Lululemon announced the release of its women’s sneaker line last month. Meanwhile, fitness equipment brand Nobull launched its first performance running shoe in February.

In Columbia’s case, shoes make up a large portion of its sales. This quarter, footwear alone accounted for $195.6 million in sales, while apparel, accessories and equipment combined accounted for $565.9 million in sales. Footwear sales were up 25% in the first quarter and the rest were up 21%.

Over the years, Sorel has released a variety of shoes for different markets. This month, Sorel and the artisan coffee company Alfred published two styles of sneakers inspired by popular drinks: iced matcha latte and iced vanilla latte. In 2019, it also launched its very first waterproof sneaker, dubbed the Basket Out ‘n’ About Plus.

“Sorel, in particular, is a brand that has shown some momentum over the years,” said Matt Powell, senior industry advisor for sports at The NPD Group. “It’s been an exciting acquisition for Columbia as they learn how important fashion is and how fashion and function combined really is a powerful story.”

Earlier this year, in January, Sorel partners with Zappos.com to launch three iconic shoe styles. Sorel has modified and added new features to some of its best-selling shoes to make them more accessible to consumers, including people with disabilities.

There are good reasons for Columbia to up their shoe game. Sneaker sales are up 20% in 2021 compared to 2020, according to The NPD Group. However, supply chain constraints continue to lead to stockouts. Last month, Modern Retail reported how certain sizes for specific bestsellers shoe styles were out of stocklike the Club C 85 Vintage style from Reebok and the Air Force Ones from Nike.

Like other apparel brands, Columbia’s operations are also plagued by supply chain issues. Executives said they expect some of its fall 2022 production to be “a little behind the market.”

“The supply chain is probably the biggest pothole wild card they could run into,” Powell said. “But they seem to have sailed quite well in this first quarter, so my instinct is that they will continue to outperform the rest of the market.”

Columbia reiterated its full-year net sales outlook of $3.63 billion to $3.69 billion, an increase of 16% to 18%. The company expects operating profit of $477 million to $502 million, up slightly from its previous guidance of $472 million to $498 million.

Jessica Ramirez, senior research analyst at Jane Hali and Associates, said Columbia could continue to face tough year-over-year comparisons, especially amid logistical challenges. However, the outdoor trend is still in full swing, which positions Columbia to reap the rewards.

“Columbia, as a group, they’re in a space where I think the consumer still has interests,” Ramirez said. “There’s just been a real shift in how consumers have decided to spend that free time and they’ve enjoyed it. I don’t see that going away and Colombia is a key player in this space.

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