Columbia Sportswear warns of COVID-19 impact on sales

Following the coronavirus outbreak in China, Columbia Sportswear Company has announced that uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and actions that may be taken by governmental authorities to contain the outbreak or to treat its impact, makes it difficult to forecast any effects on its 2020 results. However, it expects the results to be significantly affected.