---
schema_version: "secwatch.filing_event.v1"
accession: "0001050797-24-000064"
form_type: "8-K"
ticker: "COLM"
cik: "0001050797"
company_name: "COLUMBIA SPORTSWEAR CO"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:19:49.035191+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Columbia Sportswear Q1 net sales down 6% to $770M; EPS falls 4% to $0.71

## Summary
- Net sales $770M vs $820.6M in Q1 2023, down 6% YoY.
- Operating income $44.7M (5.8% margin), down 21% from $56.4M.
- Diluted EPS $0.71, down 4% from $0.74; gross margin improved 190 bps to 50.6%.
- Ended quarter with $787.7M cash and no borrowings; inventories down 37%.
- Board declared $0.30/share dividend payable May 30, 2024; repurchased $50.2M of stock.

## SEC filing metadata
- accession: 0001050797-24-000064
- form_type: 8-K
- ticker: COLM
- cik: 0001050797
- company_name: COLUMBIA SPORTSWEAR CO
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050797/000105079724000064/0001050797-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050797/000105079724000064/colm-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001050797-24-000064
- JSON: https://secwatch.observer/filing/0001050797-24-000064.json
- Plain text: https://secwatch.observer/filing/0001050797-24-000064.txt

## Key facts
- Earnings Releases
  COLUMBIA SPORTSWEAR CO reported first quarter 2024 results: revenue $770.0 million, net income $42.3 million, EPS $0.71. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $770.0 million
  - Net income: $42.3 million
  - EPS: $0.71
  - Guidance: reaffirmed
  - Result: reported results
  source text: Columbia Sportswear Company Reports First Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook First Quarter 2024 Highlights • Net sales decreased 6 percent to $770.0 million, compared to first quarter 2023. • Operating income decreased 21 percent to $44.7 million, or 5.8 percent of net sales, compared to first quarter 2023 operating income of $56.4 million, or 6.9 percent of net sales. • Diluted earnings per share decreased 4 percent to $0.71, compared to first quarter 2023 diluted earnings per share of $0.74.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1050797/000105079724000064/0001050797-24-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.