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Columbia Sportswear Company (COLM) designs, sources, markets, and distributes active outdoor apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada.
The company provides apparel, accessories, and equipment for men, women, and youth under the Columbia and Mountain Hardwear brands.
Its products are used during various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports, and adventure travel.
The company also offers footwear products, including durable and lightweight hiking boots, trail running shoes, rugged cold weather boots, sandals, and casual shoes for men and women under the Columbia, Sorel, and Montrail brands, as well as for youth under the Columbia and Sorel brands. Columbia Sportswear Company sells its products through wholesale distribution channels, direct-to-consumer channels, independent distributors, and licensees, as well as directly to consumers through its network of branded and outlet retail stores and online.
Shares have formed a bullish "flag" folllowing the release of its quarterly results. Higher share prices are expected for this stock.
52-Week Trading Range: $34.25 - $45.51
Entry Point: $44.50
Stop Loss: $42.27
Target Price: $48.95
COLM closed at $42.10 after it fell below our stop loss.
