earnings
confidence high
sentiment positive
materiality 0.70
Columbia Sportswear reports record Q3 sales of $955M, EPS $1.80 (+18% YoY), declares $0.30 dividend
COLUMBIA SPORTSWEAR CO
2022-Q3 EPS reported
$2.94
revenue$2,294,632,000
- Q3 net sales $955M (record), +19% YoY; operating income $145.3M (+9%).
- Diluted EPS $1.80, +18% from $1.52 in Q3 2021.
- Gross margin contracted 270 bps to 48.0% due to elevated freight costs and higher promotional activity.
- Board declared quarterly cash dividend of $0.30 per share, payable Dec 1 to record holders Nov 17.
- Full-year 2022 financial outlook updated; specifics not provided in attached exhibits.