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An update from Columbia Sportswear ( (COLM) ) is now available.
On February 4, 2025, Columbia Sportswear announced its fourth quarter and full year 2024 financial results, highlighting a 3% increase in fourth quarter net sales to $1,096.6 million and a 21% rise in operating income. Despite a 3% decline in full-year net sales, the company sees potential growth in 2025, supported by inventory reduction efforts and strategic initiatives under its ACCELERATE Growth Strategy. The company also declared a quarterly cash dividend of $0.30 per share, emphasizing its commitment to returning value to shareholders.
More about Columbia Sportswear
Columbia Sportswear Company is a multi-brand global leader in outdoor, active, and lifestyle products, offering a range of apparel, footwear, accessories, and equipment. The company focuses on innovative and functional products designed for various outdoor activities, and it aims to strengthen its presence in global markets.
YTD Price Performance: 3.05%
Average Trading Volume: 453,217
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.87B
For detailed information about COLM stock, go to TipRanks’ Stock Analysis page.
