Columbia Blows Past Q4 Estimates, But Guides Low

Columbia Sportswear Company (COLM) reported fourth quarter earnings of $0.77 per share on $457.26 million in revenue today, crushing the consensus view for both profit ($0.64 per share) and sales ($437.09 million). But a weak first quarter forecast negated the excellent quarter, holding shares flat in extended trading. Columbia’s net income of $26.2 million was [...]