earnings
confidence high
sentiment positive
materiality 0.75
Columbia Sportswear reports record Q2 2021; raises full-year outlook
COLUMBIA SPORTSWEAR CO
2021-Q2 EPS reported
$1.44
revenue$1,191,976,000
- Q2 net sales $566.4M, up 79% YoY; operating income $35.0M vs loss of $70.3M.
- Diluted EPS $0.61 vs loss per share of $(0.77) in Q2 2020; gross margin 51.6%.
- Exited quarter with $820.9M cash, no borrowings; repurchased $54.9M YTD stock.
- Board declared $0.26/share quarterly dividend, payable Aug 26 to holders of record Aug 12.
- Full-year 2021 financial outlook raised due to strong first-half performance.