8-K
filed February 2, 2023, 6:59 PM ET
ticker COLM
CIK 0001050797
earnings
confidence high
sentiment negative
materiality 0.65
Columbia Sportswear Q4 sales up 4% record $1.17B; EPS down 15% to $2.02; takes prAna impairment
COLUMBIA SPORTSWEAR CO
2022-FY EPS reported
$4.95
revenue$3,464,152,000
- Q4 net sales $1,169.6M (+4% YoY); operating income $155.4M (-27%); diluted EPS $2.02 (-15%).
- Full year 2022 net sales $3,464.2M (+11%); operating income $393.1M (-13%); diluted EPS $4.95 (-7%).
- Q4 includes $35.6M impairment charge for prAna, reducing diluted EPS by $0.43.
- Board declares quarterly dividend $0.30/share, payable March 21, 2023 to holders of record March 10.
- Repurchased $286.9M of stock in 2022; provided FY2023 financial outlook (specifics not detailed).
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
COLUMBIA SPORTSWEAR CO reported full year 2022 results: revenue $3,464.2 million, EPS $4.95.
- Period
- full year 2022
- Revenue
- $3,464.2 million
- EPS
- $4.95
- Result
- reported results
Exact text from the filing
with $431.0 million of cash and short-term investments and no borrowings. Full Year 2022 Highlights • Net sales increased 11 percent (14 percent constant-currency) to a record $3,464.2 million, compared to 2021. • Operating income decreased 13 percent to $393.1 million, or 11.3 percent of net sales, compared to 2021 operating income of $450.5 million, or 14.4 percent
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
COLUMBIA SPORTSWEAR CO updated its full year 2023 guidance (initiated).
- Period
- full year 2023
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
providing its full year 2023 financial outlook
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
COLUMBIA SPORTSWEAR CO reported fourth quarter 2022 results: revenue $1,169.6 million, net income $125.7, EPS $2.02.
- Period
- fourth quarter 2022
- Revenue
- $1,169.6 million
- Net income
- $125.7
- EPS
- $2.02
- Result
- reported results
Exact text from the filing
Year 2022 Financial Results; Provides Full Year 2023 Financial Outlook Fourth Quarter 2022 Highlights • Net sales increased 4 percent (8 percent constant-currency) to a record $1,169.6 million, compared to fourth quarter 2021. • Operating income decreased 27 percent to $155.4 million, or 13.4 percent of net sales, compared to fourth quarter 2021 operating income of
View on SEC.gov
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