After Columbia Sportswear announced a 3% decline in 2024 sales, the company’s shares fell almost 8% in Tuesday’s after-hours trade.
CEO Tim Boyle stated on a call with stock analysts that the company anticipates a recovery in revenues this year. The company’s revenue growth expectation ranges from 1% to 3%.
More
business
-
Oregon wines are collateral damage in on-again, off-again U.S.-Canada trade war
-
Elon Musk creates confusion about IRS’ Direct File, but the free tax program is still available
-
China considers antitrust investigation of Intel, Financial Times reports