earnings
confidence high
sentiment negative
materiality 0.75
Columbia Q3 net sales down 5% to $931.8M; EPS $1.56 vs $1.70
COLUMBIA SPORTSWEAR CO
2024-Q3 EPS reported
$2.04
revenue$2,271,994,000
- Net sales $931.8M (-5% YoY); diluted EPS $1.56 (-8% YoY).
- Operating income $112.5M (-16%); gross margin improved 150 bps to 50.2%.
- Board authorized $600M share repurchase increase; $230.9M repurchased YTD.
- Quarterly dividend $0.30/share declared, payable Dec 4 to holders of record Nov 20.
- Launched ACCELERATE Growth Strategy to elevate the Columbia brand.