UBS analysts predict a 7% drop in FY24 EPS and a 9% decrease...
UBS analysts predict a 7% drop in FY24 EPS and a 9% decrease for FY25-FY26 due to weaker wholesale orders and direct-to-consumer slowdown. They warn of potential downside risk to Columbia's FY24 outlook if demand doesn't pick up in 2H24, leading to weaker sales and more aggressive downsizing.
UBS Keeps Sell Rating on Columbia Sportswear After Disappointing Q4
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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