Columbia Sportswear Co. posted first-quarter results that beat Wall Street’s estimates after the market closed Thursday.
For the quarter ended March 31, net income more than doubled to $10.1 million, or 29 cents a diluted share, versus $3.9 million, or 11 cents, a year ago. The consensus among Wall Street analysts was 14 cents. The current quarter’s results also included $2 million in restructuring charges, or 6 cents a diluted share. Net sales for the period rose 4.6 percent to $348.3 million from $333.1 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"