1. Columbia is the largest creditor, with about $888k at risk. This is about $0.02 per share in a quarter where the company guided to $0.06. I’m modeling closer to $0.20.
2. Under Armour is #4, with similar math as COLM. $648k, or just shy of a penny a share in a quarter where the Street is at $0.03. I’ve got UA earnings about twice that.
3. Perhaps the biggest notable… Where’s Nike? Joe’s is based in Nike’s backyard, and there’s no exposure here at all. Team USA at Nike did a great job keeping this one on a tight leash.