Second quarter results swung red for COLM, reporting a net loss of $11,741,000 against a profit of $8,350,000 last year, on 8% lower revenues of $570,244,000 in the seasonally small quarter, down from $620,933,000. Operating loss was $23.8 million, compared to operating income of $6.2 million a year ago. Apparel sales dipped 5% to $464.0 million, while footwear dropped 20% to $106.2 million, hurt by retailer cautiousness, a competitive marketplace and soft U.S. demand. Wholesale accounted for the bulk of the drop, declining 15% to $278.4 million, while direct-to-consumer was down ... Log in to view full article.