Lowered GuidanceA lower Q2 outlook could lead to an even more back-weighted annual growth plan, and lingering inventory overhang, U.S. wholesale challenges, likely softer international DTC, and long-term growth uncertainties could weigh on near-term sentiment.
Revenue DeclineManagement highlighted a challenging U.S. marketplace with Q1 revenue -8%.
Wholesale OrdersCOLM's 2024 plan calls for full-year revenue down 2-4% reflecting cautious wholesale orders including potential PFAS-related volatility.