5 Ways to Profit From Snowmageddon

Cold Weather Stock #4 – Columbia Sportswear (COLM)

Much like VF Corp. and its North Face brand, Columbia Sportswear (COLM) is a leading cold-weather apparel maker. In October, the company raised its full-year revenue outlook after posting better-than-expected third-quarter results.

The clothing maker said it expects sales to fall 8% to 9% for the full year, which is much better than previous estimates for sales to fall in the low double digits. I suspect the cold weather is one big factor in helping Columbia sales do better than expected, and if the cold weather continues, look for sales — and COLM shares — to continue warming.

NEXT – Cold Weather Stock #5