In an interview on CNBC’s Mad Money, Tim Boyle said Columbia is “working diligently” to get its inventories down. Its North American business is not performing as well as Boyle would like. “When we’ve underperformed and worked on those areas, we’ve seen growth,” he noted. According to Boyle, Columbia is one of the largest duty payers in the U.S. “We’re highly tariffed,” he added. He said the company needs some assurance on what is going to happen with respect to tariffs so it can plan accordingly.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLM: