COLUMBIA SPORTSWEAR CO reported first quarter 2026 results: revenue $779.0 million, EPS $0.65.
“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.”
Debt Financings
COLUMBIA SPORTSWEAR CO incurred revolving credit of up to $500 million with JPMorgan Chase Bank, N.A., as the administrative agent for the lenders and as a lender at SOFR plus an applicable margin maturing March 19, 2031.
“The Credit Agreement provides for up to $500 million of borrowings in U.S. Dollars pursuant to an unsecured revolving credit facility (the “Credit Facility”), which is available for working capital and general corporate purposes, including a sublimit for the issuance of letters of credit.”
Material Agreements
COLUMBIA SPORTSWEAR CO terminated Credit Agreement dated July 12, 2022 with JPMorgan Chase Bank, N.A. valued at Termination of prior credit facility with no outstanding loans (effective 2026-03-19).
“On March 19, 2026, in connection with the Company’s entry into the Credit Agreement described in Item 1.01 above, the Company terminated the Credit Agreement dated July 12, 2022 with JPMorgan Chase Bank, N.A., as the administrative agent for the lenders and as a lender, and the lenders party thereto (the “Prior Credit Agreement”). The Company had no outstanding loans under the Prior Credit Agreement and all other obligations under the Prior Credit Agreement have been paid, with the exception of letters of credit issued under the Prior Credit Agreement which are now issued under the Credit Agreement.”
Material Agreements
COLUMBIA SPORTSWEAR CO entered into Credit Agreement with JPMorgan Chase Bank, N.A. valued at $500 million unsecured revolving credit facility (effective 2026-03-19).
“On March 19, 2026, Columbia Sportswear Company (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as the administrative agent for the lenders and as a lender (the “Administrative Agent”), and the other lenders party thereto. The Credit Agreement provides for up to $500 million of borrowings in U.S. Dollars pursuant to an unsecured revolving credit facility (the “Credit Facility”), which is available for working capital and general corporate purposes, including a sublimit for the issuance of letters of credit.”
Skip Potter departed as Executive Vice President, Chief Digital Information Officer at COLUMBIA SPORTSWEAR CO.
“On January 6, 2025, Skip Potter, Executive Vice President, Chief Digital Information Officer of Columbia Sportswear Company (the “Company”), departed the Company.”
Earnings Releases
COLUMBIA SPORTSWEAR CO reported first quarter 2024 results: revenue $770.0 million, net income $42.3 million, EPS $0.71. Guidance reaffirmed.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.