secwatch.observer — SEC 8-K summary ====================================== Issuer: COLUMBIA SPORTSWEAR CO (COLM) CIK: 0001050797 Form: 8-K Filed at: 2024-02-01T23:59:59+00:00 Accession: 0001050797-24-000011 Event type: earnings Sentiment: negative Materiality: 0.75 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Columbia Sportswear Q4 net sales down 9% to $1.06B; EPS falls 23% to $1.55 -------------------------------------------------------------------------- - Q4 net sales $1,060M, down 9% YoY (10% constant-currency); operating income $113.1M, down 27%. - Full-year 2023 sales up 1% to $3,487.2M; operating income down 21% to $310.3M; EPS $4.09, down 17%. - Declared quarterly cash dividend of $0.30 per share, payable March 22, 2024 to holders of record March 8. - Inventory down 27% to $746.3M; company repurchased $184M of common stock during 2023. - Q4 includes $25M impairment charge for prAna; no borrowings and $764.5M in cash/short-term investments. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1050797/000105079724000011/0001050797-24-000011-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1050797/000105079724000011/colm-20240201.htm HTML page: https://secwatch.observer/filing/0001050797-24-000011 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer