Columbia Sportswear Company Second Quarter Net Sales Increase 17 Percent; Raises Full Year Earnings Outlook to 17 to 22 Percent Growth
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Cowen Raises Price target on Columbia Sportswear (COLM) to $75 Following 2Q15 EPS Beat
August 3, 2015 6:42 AM EDTCowen reiterated a Market Perform rating on Columbia Sportswear (NASDAQ: COLM), and raised the price target to $75.00 (from $59.00), following 2Q15 results. COLM reported Q2:15 EPS of ($0.09), ahead of consensus ($0.23) estimates. Updated FY15 EPS guidance of $2.25 to $2.35 compares to prior guidance of $2.15 to $2.25.
Analyst... More
Columbia Sportswear (COLM) Tops Q2 EPS by 14c, Raises FY EPS Guidance
July 30, 2015 4:38 PM EDTColumbia Sportswear (NASDAQ: COLM) reported Q2 EPS of ($0.09), $0.14 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $380.2 million versus the consensus estimate of $345.79 million.
Columbia Sportswear sees FY2015 EPS of $2.25-$2.35, versus prior guidance of $2.15-$2.25 and the consensus of $2.24.
Fiscal Year 2015 Outlook Raised to Anticipate:
Low double-digit net sales growth (mid-teen... More