earnings
confidence high
sentiment negative
materiality 0.75
Columbia Q2 net sales down 8% to $570M, loss per share $0.20; FY outlook updated
COLUMBIA SPORTSWEAR CO
2024-Q2 EPS reported
$0.51
revenue$1,340,226,000
- Net sales $570.2M (-8% YoY); operating loss $23.8M vs income $6.2M.
- Diluted EPS $(0.20) vs $0.14; net loss $11.8M.
- Inventories down 29% to $823.6M; cash $711.1M, no borrowings.
- Dividend $0.30/share, payable Aug 29, record Aug 15.
- Full year 2024 financial outlook updated; details in press release.