Columbia Q1 EPS falls to $0.65 from $0.75; raises FY26 EPS guidance to $3.55-$4.00

COLUMBIA SPORTSWEAR CO

2026-Q1 EPS reported $0.65 revenue$779,013,000

Q1 net sales $779M (flat YoY); gross margin 50.7% (down 20 bps); operating income $42M (-10%).
FY26 outlook raised: gross margin 50.3%-50.5% (prior 49.8%-50.0%); diluted EPS $3.55-$4.00 (prior $3.20-$3.65).
U.S. net sales -10% YoY; international growth led by Europe +35% (+21% cc), China +LDD%. Inventory units -11% YoY.
$80M paid in now-struck-down IEEPA tariffs; $55M recorded in cost of sales; no recovery assumed in outlook.
Quarterly dividend $0.30/sh declared (payable June 4); repurchased $150M stock in Q1 at avg $60.03/sh.

item 2.02 item 7.01 item 9.01

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 first quarter 2026 results: revenue $779.0 million, EPS $0.65.

Period: first quarter 2026
Revenue: $779.0 million
EPS: $0.65
Result: reported results

Exact text from the filing

Columbia Sportswear Company Reports First Quarter 2026 Financial Results; Updates Full Year 2026 Financial Outlook First Quarter 2026 Highlights • Net sales were relatively flat (decrease of 3 percent on a constant-currency basis) at $779.0 million, compared to first quarter 2025. • Gross margin contracted 20 basis points to 50.7 percent of net sales from 50.9 percent of net sales in first quarter 2025. • Operating income decreased 10 percent to $42.0 million, or 5.4 percent of net sales, compared to first quarter 2025 operating income of $46.5 million, or 6.0 percent of net sales. • Diluted earnings per share of $0.65, compared to first quarter 2025 diluted earnings per share of $0.75.

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Source: SEC EDGAR

accession 0001050797-26-000065

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