COLM Earnings Prediction
The chart below shows how COLM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, COLM sees a -0.52% change in stock price 10 days leading up to the earnings, and a +2.09% change 10 days following the report. On the earnings day itself, the stock moves by -0.15%. This data can give you a slight idea of what to expect for the next quarter's release.
COLM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
931.77M
-5.47%
63.40%
Gross Margin
50.18%
3.00%
4.65%
Operating Margin
12.08%
-11.50%
-389.69%
Net Margin
9.68%
-7.81%
-569.90%
EPS
1.56
-8.24%
-880.00%
No Data Available
COLM Earnings Analysis
Columbia Sportswear Co Corporation (COLM.O) Earnings Conference Call
Positive
Earnings Exceed Expectations: Despite a 5% decline in third quarter net sales year-over-year, Columbia Sportswear exceeded its diluted earnings per share guidance range, achieving better than planned gross margin and disciplined expense management.
Strong Financial Position: The company reported a strong financial position with cash and short-term investments exceeding $370 million and no debt.
Strong Cash Flow Generation: Columbia is on track to generate over $300 million in operating cash flow this year, indicating robust cash generation capabilities.
Share Buyback Authorization: The Board of Directors approved a new $600 million buyback authorization, reflecting confidence in the company's future and commitment to returning value to shareholders.
Share Repurchase Strategy: Through the first three quarters of the year, Columbia's share repurchases totaled $231 million, demonstrating a proactive approach to capital allocation.
Negative
Net Sales Decline Analysis: Third quarter net sales declined 5% year-over-year, driven by a 9% decline in global wholesale net sales, partially offset by 2% direct-to-consumer growth.
Net Sales Decline: Net sales of $932 million declined 5% year-over-year, driven by a 9% decline in global wholesale net sales.
U.S. Net Sales Decline: U.S. net sales decreased 10%, primarily driven by mid-teens percent decrease in U.S. wholesale.
Net Sales Decline: SOREL brand net sales decreased 39% driven by lower fall 2024 orders and elevated clearance and promotional sales activity in the prior year.
Quarterly Financial Trends: Third quarter financial results reflect a continuation of the trends we've experienced all year.
COLM FAQs
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COLM Earning Call Sentiment
Columbia Sportswear Company (COLM) Q3 2024 Earnings Call Transcript
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COLM.O
5.05%Positive
The earnings call reveals a mixed but overall positive outlook. Financial performance shows a decline in net sales, but gross margin expanded significantly. The new $600 million buyback authorization is a strong positive. Despite some brand challenges and decreased sales in certain regions, there is growth in key international markets like China and Japan. The Q&A section indicates cautious optimism with expectations for future growth and improved margins. Considering the company's market cap, the stock price is likely to react positively, within the 2% to 8% range, over the next two weeks.
