BofA/Merrill Lynch Downgrades Columbia Sportswear (COLM) to Underperform

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Columbia Sportswear (COLM) Cuts Q4 Guidance

January 16, 2013 4:08 PM EST

Columbia Sportswear Co (NASDAQ: COLM) now expects to report fourth quarter net sales of approximately $499.0 - $503.0 million, a decline of approximately 5 percent compared with fourth quarter 2011 net sales of $526.1 million. Prior fourth quarter outlook anticipated net sales growth of up to 1.5 percent. The Wall Street... More