Columbia Sportswear Co
Change company Symbol lookup
Select an option...
COLM Columbia Sportswear Co
HEAR Turtle Beach Corp
GWPH GW Pharmaceuticals PLC
GTBIF Green Thumb Industries Inc
GOOG Alphabet Inc
GILD Gilead Sciences Inc
GBLX GB Sciences Inc
FANG Diamondback Energy Inc
EOG EOG Resources Inc
DVN Devon Energy Corp
Go

Consumer Discretionary : Textiles, Apparel & Luxury Goods | Mid Cap Blend
Company profile

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. Its geographic segments are the United States, Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa (EMEA), and Canada. The Company develops and manages its merchandise in categories, including apparel, accessories and equipment, and footwear. It distributes its products through a mix of wholesale distribution channels, its own direct-to-consumer channels (retail stores and e-commerce), independent distributors and licensees. As of December 31, 2016, its products were sold in approximately 90 countries. In 59 of those countries, it sells to independent distributors to whom it has granted distribution rights. Contract manufacturers located outside the United States manufacture all of its products.

Closing Price
$66.18
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
472,664
0

Coty expects 20% Q3 revenue decline despite Amazon demand, will start making hand sanitizer due to coronavirus

7:30 am ET March 20, 2020 (MarketWatch)
Print

Coty Inc. (COTY) said Friday that it expects fiscal third-quarter revenue to fall 20% due to the coronavirus outbreak, with profit expected to take a "meaningful impact." The FactSet consensus is for revenue of $1.85 billion, implying a 7.4% year-over-year decline. Among the financial measures the company is taking to manage the pandemic, it is recommending to the board that shareholders receive 100% of their dividend in kind for the next two quarters, and JAB, the company's largest shareholder, is paying off the loan it took for the 2019 tender offer in full. A JAB affiliate, Cottage Holdco B.V., holds 60.7% of Coty shares. The company has withdrawn its fiscal 2020 guidance. The beauty company is ramping up its e-commerce focus in the wake of the coronavirus outbreak and as demand for its products on Amazon.com Inc. (AMZN) has nearly doubled in the U.S. in recent weeks. The beauty company is also preparing for a demand increase in Asia post-coronavirus. In Europe, Coty is readying the launch of Kylie Cosmetics. And Coty plans to start manufacturing and supplying emergency services with hand sanitizer. Coty stock is up 5.7% in Friday premarket trading, but down 64.7% over the last 12 months. The S&P 500 index has fallen 4.7% over the past year.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 20, 2020 07:30 ET (11:30 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.