Columbia Sportswear on Thursday reported another record quarter and raised its sales outlook, but the company's stock decreased more than 3 percent in early trading Friday morning.
D.A. Davidson stock analyst Michael Kawamoto said the market is likely reacting to the company's inventory numbers, which are seemingly temporarily elevated. He said the company also offered second-quarter guidance below consensus.
Kawamoto reiterated his buy rating on the stock after Thursday's earnings report, writing…
