i-adjective
Polite form of 寒い, used to describe weather or temperature in a more courteous way.
See also: 寒い
今日はお寒いですね。
It's cold today, isn't it?
お寒い中、お越しいただきありがとうございます。
Thank you for coming in this cold weather.
i-adjective
poor; unsatisfactory; inadequate
Figurative use: describes something as lacking quality, disappointing, or not up to standard. Often used humorously or critically.
彼のギャグはいつもお寒い。
His jokes are always lame.
その映画の評判はお寒いものだった。
The movie's reviews were pretty poor.