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.
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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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