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Columbia Sportswear Co. (NASDAQ: COLM) is a globally recognized leader in the design, sourcing, marketing, and distribution of active lifestyle apparel, footwear, accessories, and equipment. The company owns and operates several well-known brands, including Columbia, Mountain Hardwear, Sorel, and prAna. These brands are sold in more than 100 countries worldwide, earning a reputation for innovation, quality, and performance.
Columbia Sportswear primarily generates revenue through wholesale channels, selling products to sporting goods stores, department stores, and other retail outlets. The company also operates its own branded retail stores, ensuring direct consumer engagement in key markets. With a strong foothold in the United States, Columbia Sportswear also boasts significant sales in Latin America, the Asia-Pacific region, Europe, the Middle East, Africa, and Canada.
Products are sourced globally, with contract manufacturers outside the United States, predominantly in Asia, playing a vital role in the production process. This strategic sourcing model allows Columbia Sportswear to maintain competitive edge in cost and quality.
Recent achievements include expanding their product lines and enhancing their digital presence to meet the growing demand for online shopping. The company remains committed to sustainability, incorporating eco-friendly materials and processes in its manufacturing.
Partnerships with other leading outdoor and active lifestyle brands further enhance Columbia Sportswear’s market position. The company’s strong financial health, evidenced by steady revenue growth and robust market performance, makes it a significant player in the global apparel and footwear industry.
For more information, visit www.columbia.com, www.mountainhardwear.com, www.sorel.com, and prana.com.
Columbia Sportswear Company (NASDAQ: COLM) is set to release its first quarter 2023 financial results on April 27, 2023, at approximately 4:00 p.m. ET. Following this, Jim Swanson, Executive Vice President and CFO, will provide commentary on the results at 4:15 p.m. ET, which will be filed with the SEC and available on their website.
A conference call with senior management will occur at 5:00 p.m. ET. Investors can participate by calling 888-506-0062 or accessing it via the website. Columbia Sportswear, founded in 1938 in Portland, Oregon, operates globally with brands including Columbia®, Mountain Hardwear®, SOREL®, and prAna®, sold in approximately 90 countries.
Fourth Quarter 2022 Highlights: Net sales rose 4% (8% constant-currency) to a record $1,169.6 million. However, operating income fell 27% to $155.4 million, impacted by $35.6 million in impairment charges for prAna. Diluted EPS decreased 15% to $2.02, with impairment charges lowering it by $0.43. Full Year 2022: Net sales increased 11% (14% constant-currency) to $3,464.2 million, while operating income decreased 13% to $393.1 million. Diluted EPS declined 7% to $4.95. The company ended the year with $431 million in cash, no debt, and repurchased $286.9 million in stock.
Columbia Sportswear Company (Nasdaq: COLM) will release its fourth quarter 2022 financial results on February 2, 2023, at approximately 4:00 p.m. ET. A commentary from CFO Jim Swanson following the results will be available via Form 8-K shortly after the results are published. Senior management will host a conference call at 5:00 p.m. ET, accessible by dialing 888-506-0062 or via webcast. Columbia Sportswear, founded in 1938 in Portland, Oregon, is a leader in outdoor and lifestyle products sold in around 90 countries.
Columbia Sportswear reported a 19% increase in net sales, reaching a record $955.0 million in Q3 2022. This growth reflects a 22% increase in constant currency. Operating income rose by 9% to $145.3 million, constituting 15.2% of net sales, compared to 16.6% in Q3 2021. Additionally, diluted earnings per share increased by 18% to $1.80, up from $1.52 the previous year. Overall, Columbia Sportswear continues to show strong financial performance amidst challenging market conditions.
Columbia Sportswear Company (NASDAQ: COLM) announced that its SOREL brand will move into a new headquarters in early 2023. This expansion supports SOREL's rapid revenue growth and aims to attract top talent. Mark Nenow, President of SOREL, emphasized the brand’s focus on innovative footwear for consumers. The new headquarters reflects SOREL's dynamic growth strategy and commitment to enhancing product development. Columbia Sportswear, founded in 1938, is a leader in outdoor apparel and footwear, with its brands sold in approximately 90 countries.
Columbia Sportswear Company (NASDAQ: COLM) will release its third quarter 2022 financial results on October 27, 2022, at 4:00 p.m. ET. Following this, CFO Jim Swanson will provide a commentary on the results at 4:15 p.m. ET, which will be available on the company's website and filed with the SEC. A conference call for analysts and investors will take place at 5:00 p.m. ET. Columbia Sportswear, founded in 1938 and based in Portland, Oregon, leads in active lifestyle apparel, selling brands in around 90 countries.
Columbia Sportswear Company (NASDAQ: COLM) presented a 3-year growth framework for 2022-2025, aiming for
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