Apparel and footwear company Columbia Sportswear had a rough day on Friday.
Despite a history of strong performance, Columbia's stock dropped almost 3 percent. Yet it delivered a strong quarter, with a 12-cent earnings beat from a 33-cent basis and a monster revenue beat.
So what the heck happened? Jim Cramer spoke with Columbia CEO Tim Boyle to find out.
"I found this decline pretty puzzling, and the only rational explanation that I can find is that despite giving solid guidance, management's commentary on the conference call may have been a bit too conservative and downbeat," the "Mad Money" host said.