PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Columbia Sportswear Co. (COLM) on Thursday reported a loss of $11.7 million in its second quarter.
On a per-share basis, the Portland, Oregon-based company said it had a loss of 20 cents.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share.
The maker of outdoor gear posted revenue of $570.2 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $573 million.
Columbia Sportswear expects full-year earnings in the range of $3.65 to $4.05 per share, with revenue in the range of $3.35 billion to $3.42 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COLM at https://www.zacks.com/ap/COLM
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