Walmart Sees Tariff Price Hikes Under Trump; Takes Share From Target [Yahoo! Finance]
Columbia Sportswear Company (COLM)
Last columbia sportswear company earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
Walmart's Sam's Club warehouse membership business and alternative revenue businesses, such as website-store advertising and supply chain-delivery services, contributed to its strong results. In contrast, Target's profits fell 12.1% to $854 million on a revenue gain of just 1.1% to $26.7 billion, due to issues such as the East and Gulf Coast port strikes and consumers' stretched budgets. (Source: UBS analyst Michael Lasser, Target CEO Brian Cornell) Walmart has made significant investments in technology, focusing on Gen AI and automation. According to UBS analyst Michael Lasser, 50% of Walmart's fulfillment center volume is now automated, versus just 25% last year. These investments have helped Walmart to improve its efficiency and attract wealthier consumers to its digital marketplace. (Source: UBS analyst Michael Lasser) Walmart CFO John David Rainey cautioned that the potential increase in tariffs on Chinese imports and other countries might force Walmart to raise prices. Howev
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COLM
News
- 3 Major Retailers Who Will Raise Prices Immediately Under Trump — Tariffs Play Key Role [Yahoo! Finance]Yahoo! Finance
- 8 big coats for serious winter weather [FOX News]FOX News
- Darth Vader and Columbia Sportswear Have Teamed Up to Keep You Toasty Warm This Winter [CNET News]CNET News
- The Best Puffer Jackets, Tested To Outlast Winter's Coldest Days [Forbes]Forbes
- The best hiking pants in 2024, tried and tested [CNN]CNN
COLM
Earnings
- 10/30/24 - Beat
COLM
Sec Filings
- 11/13/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form SC
- COLM's page on the SEC website