Columbia Sportswear Company Reports Third Quarter 2026 Financial Results; Updates Full Year 2026 Financial Outlook
Earlier Spring 2027 inventory production reduced expected annual operating cash flow despite higher sales and EPS guidance floors.
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Third Quarter 2026 Highlights
-
Net sales increased 2 percent (2 percent constant-currency) to
, compared to third quarter 2025.$962.6 million -
Operating income of
, or 11.4 percent of net sales, compared to third quarter 2025 operating income of$109.6 million , or 7.1 percent of net sales. Third quarter 2025 operating income included$67.4 million of impairment charges related to prAna and Mountain Hardwear.$29.0 million -
Diluted earnings per share of
, compared to third quarter 2025 diluted earnings per share of$1.66 . Third quarter 2025 impairment charges negatively impacted diluted earnings per share by$0.95 .$0.46 -
Exited the quarter with
of cash, cash equivalents and short-term investments and no borrowings.$229.6 million
Full Year 2026 Financial Outlook
The following forward-looking statements reflect our expectations as of October 29, 2026 and are subject to significant risks and business uncertainties, including those factors described under “Forward-Looking Statements” below. Additional disclosures and financial outlook details can be found in the Full Year 2026 Financial Outlook section below and the CFO Commentary and Financial Review presentation.
-
Net sales of
to$3.46 (prior$3.50 billion to$3.43 ), representing net sales growth of 2.0 to 3.0 percent (prior 1.0 to 3.0 percent) compared to 2025.$3.50 billion - Gross margin of 52.1 percent to 52.3 percent (unchanged), including the impact of IEEPA tariff refunds.
-
Operating income of
to$300 (prior$320 million to$290 ), representing operating margin of 8.7 to 9.1 percent of net sales (prior 8.5 to 9.3 percent).$325 million -
Diluted earnings per share of
to$4.65 (prior$4.90 to$4.45 ).$4.90
Chairman and Chief Executive Officer Tim Boyle commented, “We’re pleased to have delivered net sales and EPS growth exceeding our guidance for the third quarter. These results primarily reflected a portion of delayed Fall ’26 wholesale orders shipping earlier-than-expected, improved trends in our
“Our third quarter performance provides continued tangible signs of progress with our ACCELERATE Growth Strategy. We are particularly encouraged by the momentum building in our Columbia brand
“While fourth quarter execution will be critical to our full year performance, better-than-expected third quarter performance combined with improving trends in our
“The operating environment remains challenging and uncertain, and we will continue working to elevate the Columbia brand and improve consumer perceptions in the
- accelerate profitable growth;
- create iconic products that are differentiated, functional and innovative;
- drive brand engagement with increased, focused demand creation investments;
- enhance consumer experiences by investing in capabilities to delight and retain consumers;
- amplify marketplace excellence that is digitally-led, omni-channel, and global; and
- empower talent that is driven by our core values.”
CFO’s Commentary and Financial Review Presentation Available Online
For a detailed review of the Company’s third quarter 2026 financial results, please refer to the CFO Commentary and Financial Review presentation furnished to the Securities and Exchange Commission (the “SEC”) on a Current Report on Form 8-K and published on the Investor Relations section of the Company’s website at http://investor.columbia.com/financial-results at approximately 4:15 p.m. ET today. Analysts and investors are encouraged to review this commentary prior to participating in our conference call.
ACCELERATE Growth Strategy
ACCELERATE is a growth strategy intended to elevate the Columbia brand to attract younger and more active consumers. It is a multi-year effort centered around several consumer-centric shifts to our brand, product and marketplace strategies, as well as enhanced ways of working. Last year, the Columbia brand launched its new brand platform “Engineered for Whatever” through a global brand campaign, released certain new products designed with a younger, more active consumer in mind, and re-launched the
Third Quarter 2026 Financial Results
(All comparisons are between third quarter 2026 and third quarter 2025, unless otherwise noted.)
Net sales increased 2 percent (2 percent constant-currency) to
Gross margin contracted 20 basis points to 49.8 percent of net sales from 50.0 percent of net sales for the comparable period in 2025. Gross margin contraction primarily reflected accommodations to our factory partners, partially offset by the current-period benefit of International Emergency Economic Powers Act (“IEEPA”) tariff refunds previously received.
SG&A expenses were
Impairment of goodwill and intangible assets of
Operating income of
Interest income, net of
Income tax expense of
Net income of
First Nine Months 2026 Financial Results
(All comparisons are between first nine months 2026 and first nine months 2025, unless otherwise noted.)
Net sales increased 1 percent (flat on a constant-currency basis) to
Gross margin expanded 220 basis points to 52.3 percent of net sales from 50.1 percent of net sales for the comparable period in 2025. Gross margin expansion primarily reflected an approximate 230 basis point current-period benefit of IEEPA tariff refunds previously received, net of accommodations to our factory partners.
SG&A expenses were
Impairment of goodwill and intangible assets of
Operating income of
Interest income, net of
Income tax expense of
Net income of
Balance Sheet as of September 30, 2026
Cash, cash equivalents, and short-term investments totaled
The Company had no borrowings as of either September 30, 2026 or September 30, 2025.
Inventories increased 11 percent to
Cash Flow for the Nine Months Ended September 30, 2026
Net cash used in operating activities was
Capital expenditures totaled
Share Repurchases for the Nine Months Ended September 30, 2026
The Company repurchased 3,342,569 shares of common stock for an aggregate of
At September 30, 2026,
Quarterly Cash Dividend
The Board of Directors approved a regular quarterly cash dividend of
Full Year 2026 and Preliminary First Half 2027 Financial Outlooks
(Additional financial outlook details can be found in the CFO Commentary and Financial Review presentation.)
The Company’s full year 2026 and fourth quarter 2026 Financial Outlooks, and preliminary first half 2027 commentary are forward-looking in nature, and the following forward-looking statements reflect our expectations as of October 29, 2026, and are subject to significant risks and business uncertainties, including those factors described under “Forward-Looking Statements” below. These risks and uncertainties limit our ability to accurately forecast results. The Company’s Financial Outlook assumes that the current
Net sales are expected to increase 2.0 to 3.0 percent (prior 1.0 to 3.0 percent), resulting in net sales of
Gross margin is expected to expand 160 to 180 basis points resulting in gross margin of 52.1 to 52.3 percent of net sales (unchanged), compared to 50.5 percent of net sales in 2025. Gross margin expectations include an approximate 180 basis-point benefit from IEEPA tariff refunds, net of accommodations to our factory partners.
SG&A expenses, as a percent of net sales, are expected to be 43.8 to 44.0 percent (prior 43.6 to 44.2 percent), compared to SG&A expense as a percent of net sales of 44.2 percent in 2025.
Operating margin is expected to be 8.7 to 9.1 percent of net sales (prior 8.5 to 9.3 percent), compared to operating margin of 6.1 percent of net sales in 2025.
Effective income tax rate is expected to be approximately 25.0 percent (unchanged).
Diluted earnings per share is expected to be
Operating cash flow is expected to be
Capital expenditures are planned to be in the range of
Fourth Quarter 2026 Financial Outlook
-
Net sales are expected to be
to$1,108 , representing growth of 3.5 to 7.0 percent from$1,145 million for the comparable period in 2025. Net sales guidance includes the impact of a higher proportion of Fall 2026 shipments occurring in fourth quarter 2026 in comparison to the timing of Fall 2025 shipments last year.$1,070 million - Operating income is expected to be 10.8 to 12.0 percent of net sales, compared to operating income of 10.9 percent of net sales for the comparable period in 2025. Operating margin includes a slight expected cost of sales benefit from the remaining IEEPA tariff refunds included in inventory.
-
Diluted earnings per share is expected to be
to$1.85 , compared to$2.10 for the comparable period in 2025. This range reflects an estimated effective tax rate of approximately 24.5 percent for the fourth quarter.$1.73
Preliminary First Half 2027 Commentary
- Wholesale net sales are expected to grow in the mid-single-digit percent range for the first half of 2027, which reflects an increase of our Spring 2027 wholesale order book, and forecasted effects from reorders, replenishment orders and cancellations.
Conference Call
The Company will hold its third quarter 2026 conference call at 5:00 p.m. ET today. Dial (888) 506-0062 to participate. The call will also be webcast live on the Investor Relations section of the Company’s website at https://investor.columbia.com.
Supplemental Financial Information
Since Columbia Sportswear Company is a global company, the comparability of its operating results reported in
The non-GAAP financial measures should be viewed in addition to, and not in lieu of or superior to, our financial measures calculated in accordance with GAAP. The Company provides a reconciliation of non-GAAP measures to the most directly comparable financial measure calculated in accordance with GAAP. See the “Reconciliation of GAAP to Non-GAAP Financial Measures” table included herein. The non-GAAP financial measures presented may not be comparable to similarly titled measures reported by other companies.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the Company’s expectations, anticipations or beliefs about the Company’s ability to realize growth opportunities and manage expenses; the Company’s ACCELERATE Growth Strategy and efforts to elevate its brand, inventory levels and composition; share repurchases; financial position; marketing strategies; timing and payment of dividends; the impact of foreign currency translation; the effect of, and any changes to, tariff rates and refunds; and the Company’s expectations regarding its financial results for full year 2026 net sales, gross margin, SG&A expenses, operating margin, effective income tax rate, diluted earnings per share, operating cash flow, and capital expenditures; fourth quarter 2026 net sales, operating margin, effective income tax rate, and diluted earnings per share; and first half 2027 wholesale net sales. Forward-looking statements often use words such as “will,” “anticipate,” “continue,” “estimate,” “expect,” “should,” “may,” “plan,” “intend,” and other words and terms of similar meaning or reference future dates. The Company’s expectations, beliefs and projections are expressed in good faith and are believed to have a reasonable basis; however, each forward-looking statement involves a number of risks and uncertainties, including those set forth in this document, those described in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and those that have been or may be described in other reports filed by the Company, including reports on Form 8-K. Potential risks and uncertainties that may affect our future revenues, earnings and performance and could cause the actual results of operations or financial condition of the Company to differ materially from the anticipated results expressed or implied by forward-looking statements in this document include: loss of key customer accounts; our ability to execute our ACCELERATE Growth Strategy; our ability to effectively execute our business strategies, including initiatives to upgrade our business processes and information technology (“IT”) systems and investments in our DTC businesses; our ability to maintain the strength and security of our IT systems; the effects of unseasonable weather, including global climate change; the seasonality of our business and timing of orders; trends affecting consumer spending, including changes in the level of consumer spending, and retail traffic patterns; unfavorable economic conditions generally; the financial health of our customers and retailer consolidation; higher than expected rates of order cancellations; changes affecting consumer demand and preferences and fashion trends; changes in international, federal or state tax, labor and other laws and regulations that affect our business, including changes in corporate tax rates, tariffs, international trade policy and geopolitical tensions, or increasing wage rates; our ability to attract and retain key personnel; risks inherent in doing business in foreign markets, including fluctuations in currency exchange rates, global credit market conditions, changes in global regulation and economic and political conditions and disease outbreaks; volatility in global production and transportation costs and capacity and timing; our ability to effectively manage our inventory and our wholesale customers’ ability to manage their inventories; our dependence on third-party manufacturers and suppliers and our ability to source at competitive prices from them or at all and our ability to import product; the effectiveness of our sales and marketing efforts; business disruptions and acts of terrorism, cyber-attacks or military activities around the globe; intense competition in the industry; our ability to establish and protect our intellectual property; and our ability to develop innovative products. The Company cautions that forward-looking statements are inherently less reliable than historical information. The Company does not undertake any duty to update any of the forward-looking statements after the date of this document to conform them to actual results or to reflect changes in events, circumstances or its expectations. New factors emerge from time to time, and it is not possible for the Company to predict or assess the effects of all such factors or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement.
About Columbia Sportswear Company
Columbia Sportswear Company connects active people with their passions and is a global multi-brand leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment. Founded in 1938 in
COLUMBIA SPORTSWEAR COMPANY
|
||||||
|
|
As of September 30, |
||||
(in thousands) |
|
2026 |
|
2025 |
||
ASSETS |
|
|
|
|
||
Current assets: |
|
|
|
|
||
Cash and cash equivalents |
|
$ |
216,924 |
|
$ |
228,832 |
Short-term investments |
|
|
12,655 |
|
|
7,195 |
Accounts receivable, net |
|
|
654,427 |
|
|
610,458 |
Inventories |
|
|
889,242 |
|
|
800,350 |
Prepaid expenses and other current assets |
|
|
82,862 |
|
|
99,494 |
Total current assets |
|
|
1,856,110 |
|
|
1,746,329 |
Property, plant and equipment, net |
|
|
270,898 |
|
|
282,394 |
Operating lease right-of-use assets |
|
|
408,974 |
|
|
429,562 |
Intangible assets, net |
|
|
71,221 |
|
|
71,221 |
Goodwill |
|
|
5,694 |
|
|
5,694 |
Deferred income taxes |
|
|
103,984 |
|
|
112,634 |
Other non-current assets |
|
|
73,485 |
|
|
64,713 |
Total assets |
|
$ |
2,790,366 |
|
$ |
2,712,547 |
LIABILITIES AND EQUITY |
|
|
|
|
||
Current liabilities: |
|
|
|
|
||
Accounts payable |
|
$ |
359,609 |
|
$ |
244,365 |
Accrued liabilities |
|
|
264,072 |
|
|
260,487 |
Operating lease liabilities |
|
|
81,819 |
|
|
82,693 |
Income taxes payable |
|
|
8,575 |
|
|
5,131 |
Total current liabilities |
|
|
714,075 |
|
|
592,676 |
Non-current operating lease liabilities |
|
|
376,316 |
|
|
397,618 |
Income taxes payable |
|
|
11,771 |
|
|
14,399 |
Deferred income taxes |
|
|
2,604 |
|
|
335 |
Other long-term liabilities |
|
|
53,838 |
|
|
51,588 |
Total liabilities |
|
|
1,158,604 |
|
|
1,056,616 |
Total shareholders' equity |
|
|
1,631,762 |
|
|
1,655,931 |
Total liabilities and shareholders' equity |
|
$ |
2,790,366 |
|
$ |
2,712,547 |
COLUMBIA SPORTSWEAR COMPANY
|
||||||||||||||||
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|
Three Months Ended September 30, |
|
Nine Months Ended September 30, |
||||||||||||
(in thousands, except per share amounts) |
|
2026 |
|
2025 |
|
2026 |
|
2025 |
||||||||
Net sales |
|
$ |
962,582 |
|
|
$ |
943,425 |
|
|
$ |
2,355,957 |
|
|
$ |
2,327,123 |
|
Cost of sales |
|
|
483,563 |
|
|
|
471,607 |
|
|
|
1,123,544 |
|
|
|
1,162,140 |
|
Gross profit |
|
|
479,019 |
|
|
|
471,818 |
|
|
|
1,232,413 |
|
|
|
1,164,983 |
|
Gross margin |
|
|
49.8 |
% |
|
|
50.0 |
% |
|
|
52.3 |
% |
|
|
50.1 |
% |
|
|
|
|
|
|
|
|
|
||||||||
Selling, general and administrative expenses |
|
|
375,641 |
|
|
|
380,892 |
|
|
|
1,064,969 |
|
|
|
1,060,991 |
|
Impairment of goodwill and intangible assets |
|
|
— |
|
|
|
29,000 |
|
|
|
— |
|
|
|
29,000 |
|
Net licensing income |
|
|
6,231 |
|
|
|
5,460 |
|
|
|
15,042 |
|
|
|
15,311 |
|
Operating income |
|
|
109,609 |
|
|
|
67,386 |
|
|
|
182,486 |
|
|
|
90,303 |
|
Interest income, net |
|
|
2,795 |
|
|
|
2,870 |
|
|
|
13,894 |
|
|
|
14,525 |
|
Other non-operating income (expense), net |
|
|
(837 |
) |
|
|
732 |
|
|
|
(1,255 |
) |
|
|
4,447 |
|
Income before income tax |
|
|
111,567 |
|
|
|
70,988 |
|
|
|
195,125 |
|
|
|
109,275 |
|
Income tax expense |
|
|
26,827 |
|
|
|
18,983 |
|
|
|
49,524 |
|
|
|
25,218 |
|
Net income |
|
$ |
84,740 |
|
|
$ |
52,005 |
|
|
$ |
145,601 |
|
|
$ |
84,057 |
|
|
|
|
|
|
|
|
|
|
||||||||
Earnings per share: |
|
|
|
|
|
|
|
|
||||||||
Basic |
|
$ |
1.67 |
|
|
$ |
0.95 |
|
|
$ |
2.83 |
|
|
$ |
1.53 |
|
Diluted |
|
$ |
1.66 |
|
|
$ |
0.95 |
|
|
$ |
2.82 |
|
|
$ |
1.53 |
|
Weighted average shares outstanding: |
|
|
|
|
|
|
|
|
||||||||
Basic |
|
|
50,835 |
|
|
|
54,540 |
|
|
|
51,537 |
|
|
|
55,013 |
|
Diluted |
|
|
50,946 |
|
|
|
54,558 |
|
|
|
51,631 |
|
|
|
55,114 |
|
COLUMBIA SPORTSWEAR COMPANY
|
||||||||
|
|
Nine Months Ended September 30, |
||||||
(in thousands) |
|
2026 |
|
2025 |
||||
Cash flows from operating activities: |
|
|
|
|
||||
Net income |
|
$ |
145,601 |
|
|
$ |
84,057 |
|
Adjustments to reconcile net income to net cash used in operating activities: |
|
|
|
|
||||
Depreciation and amortization expense |
|
|
41,094 |
|
|
|
42,147 |
|
Non-cash lease expense |
|
|
68,356 |
|
|
|
62,989 |
|
Provision for uncollectible accounts receivable |
|
|
666 |
|
|
|
1,775 |
|
Deferred income taxes |
|
|
3,693 |
|
|
|
(3,779 |
) |
Share-based compensation |
|
|
20,431 |
|
|
|
18,060 |
|
Loss on impairment of goodwill and intangible assets |
|
|
— |
|
|
|
29,000 |
|
Other, net |
|
|
2,560 |
|
|
|
(2,463 |
) |
Changes in operating assets and liabilities: |
|
|
|
|
||||
Accounts receivable |
|
|
(251,413 |
) |
|
|
(184,166 |
) |
Inventories |
|
|
(201,687 |
) |
|
|
(94,237 |
) |
Prepaid expenses and other current assets |
|
|
11,551 |
|
|
|
(27,883 |
) |
Other assets |
|
|
(3,247 |
) |
|
|
(441 |
) |
Accounts payable |
|
|
(26,118 |
) |
|
|
(146,916 |
) |
Accrued liabilities |
|
|
(16,795 |
) |
|
|
(28,433 |
) |
Income taxes payable |
|
|
(3,332 |
) |
|
|
(25,302 |
) |
Operating lease assets and liabilities |
|
|
(71,678 |
) |
|
|
(61,754 |
) |
Other liabilities |
|
|
(205 |
) |
|
|
3,903 |
|
Net cash used in operating activities |
|
|
(280,523 |
) |
|
|
(333,443 |
) |
Cash flows from investing activities: |
|
|
|
|
||||
Purchases of short-term investments |
|
|
(89,095 |
) |
|
|
(261,449 |
) |
Sales and maturities of short-term investments |
|
|
432,363 |
|
|
|
547,181 |
|
Capital expenditures |
|
|
(40,789 |
) |
|
|
(46,648 |
) |
Net cash provided by investing activities |
|
|
302,479 |
|
|
|
239,084 |
|
Cash flows from financing activities: |
|
|
|
|
||||
Payment of line of credit issuance fees |
|
|
(843 |
) |
|
|
— |
|
Proceeds from issuance of common stock related to share-based compensation |
|
|
2,523 |
|
|
|
5,264 |
|
Tax payments related to share-based compensation |
|
|
(4,921 |
) |
|
|
(5,964 |
) |
Repurchase of common stock |
|
|
(200,000 |
) |
|
|
(171,687 |
) |
Cash dividends paid |
|
|
(46,325 |
) |
|
|
(49,461 |
) |
Net cash used in financing activities |
|
|
(249,566 |
) |
|
|
(221,848 |
) |
Net effect of exchange rate changes on cash |
|
|
2,506 |
|
|
|
13,170 |
|
Net decrease in cash and cash equivalents |
|
|
(225,104 |
) |
|
|
(303,037 |
) |
Cash and cash equivalents, beginning of period |
|
|
442,028 |
|
|
|
531,869 |
|
Cash and cash equivalents, end of period |
|
$ |
216,924 |
|
|
$ |
228,832 |
|
Supplemental disclosures of cash flow information: |
|
|
|
|
||||
Cash paid during the period for income taxes |
|
$ |
46,112 |
|
|
$ |
78,338 |
|
Supplemental disclosures of non-cash investing and financing activities: |
|
|
|
|
||||
Property, plant and equipment acquired through increase in liabilities |
|
$ |
8,750 |
|
|
$ |
10,323 |
|
COLUMBIA SPORTSWEAR COMPANY
|
|||||||||||||||||||||
|
|
Three Months Ended September 30, |
|||||||||||||||||||
|
|
Reported Net Sales |
|
Adjust for
|
|
Constant-
Net Sales |
|
Reported
|
|
Reported
|
|
Constant-
|
|||||||||
(in thousands, except percentage changes) |
|
2026 |
|
Translation |
|
2026(1) |
|
2025 |
|
% Change |
|
% Change(1) |
|||||||||
Geographical net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
|
|
$ |
540,872 |
|
$ |
— |
|
|
$ |
540,872 |
|
|
$ |
546,690 |
|
(1 |
)% |
|
(1 |
)% |
|
|
|
|
159,453 |
|
|
(1,056 |
) |
|
|
158,397 |
|
|
|
143,358 |
|
11 |
% |
|
10 |
% |
|
|
|
|
175,285 |
|
|
964 |
|
|
|
176,249 |
|
|
|
164,461 |
|
7 |
% |
|
7 |
% |
|
|
|
|
86,972 |
|
|
1,560 |
|
|
|
88,532 |
|
|
|
88,916 |
|
(2 |
)% |
|
— |
% |
|
Total |
|
$ |
962,582 |
|
$ |
1,468 |
|
|
$ |
964,050 |
|
|
$ |
943,425 |
|
2 |
% |
|
2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Brand net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Columbia |
|
$ |
826,242 |
|
$ |
1,005 |
|
|
$ |
827,247 |
|
|
$ |
803,973 |
|
3 |
% |
|
3 |
% |
|
SOREL |
|
|
82,832 |
|
|
288 |
|
|
|
83,120 |
|
|
|
80,964 |
|
2 |
% |
|
3 |
% |
|
prAna |
|
|
30,172 |
|
|
2 |
|
|
|
30,174 |
|
|
|
30,375 |
|
(1 |
)% |
|
(1 |
)% |
|
Mountain Hardwear |
|
|
23,336 |
|
|
173 |
|
|
|
23,509 |
|
|
|
28,113 |
|
(17 |
)% |
|
(16 |
)% |
|
Total |
|
$ |
962,582 |
|
$ |
1,468 |
|
|
$ |
964,050 |
|
|
$ |
943,425 |
|
2 |
% |
|
2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Product category net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Apparel, accessories and equipment |
|
$ |
743,907 |
|
$ |
766 |
|
|
$ |
744,673 |
|
|
$ |
734,315 |
|
1 |
% |
|
1 |
% |
|
Footwear |
|
|
218,675 |
|
|
702 |
|
|
|
219,377 |
|
|
|
209,110 |
|
5 |
% |
|
5 |
% |
|
Total |
|
$ |
962,582 |
|
$ |
1,468 |
|
|
$ |
964,050 |
|
|
$ |
943,425 |
|
2 |
% |
|
2 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Channel net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||
Wholesale |
|
$ |
636,724 |
|
$ |
(116 |
) |
|
$ |
636,608 |
|
|
$ |
634,171 |
|
— |
% |
|
— |
% |
|
DTC |
|
|
325,858 |
|
|
1,584 |
|
|
|
327,442 |
|
|
|
309,254 |
|
5 |
% |
|
6 |
% |
|
Total |
|
$ |
962,582 |
|
$ |
1,468 |
|
|
$ |
964,050 |
|
|
$ |
943,425 |
|
2 |
% |
|
2 |
% |
|
(1) |
Constant-currency net sales is a non-GAAP financial measure. See “Supplemental Financial Information” above for further information. |
COLUMBIA SPORTSWEAR COMPANY
|
||||||||||||||||||||
|
|
Nine Months Ended September 30, |
||||||||||||||||||
|
|
Reported
|
|
Adjust for
|
|
Constant-
|
|
Reported
|
|
Reported
|
|
Constant-
|
||||||||
(in thousands, except percentage changes) |
|
2026 |
|
Translation |
|
|
2026(1) |
|
2025 |
|
% Change |
|
% Change(1) |
|||||||
Geographical net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
$ |
1,283,412 |
|
$ |
— |
|
|
$ |
1,283,412 |
|
|
$ |
1,352,988 |
|
(5 |
)% |
|
(5 |
)% |
|
|
|
445,629 |
|
|
(2,775 |
) |
|
|
442,854 |
|
|
|
407,901 |
|
9 |
% |
|
9 |
% |
|
|
|
463,749 |
|
|
(16,822 |
) |
|
|
446,927 |
|
|
|
402,503 |
|
15 |
% |
|
11 |
% |
|
|
|
163,167 |
|
|
(1,532 |
) |
|
|
161,635 |
|
|
|
163,731 |
|
— |
% |
|
(1 |
)% |
Total |
|
$ |
2,355,957 |
|
$ |
(21,129 |
) |
|
$ |
2,334,828 |
|
|
$ |
2,327,123 |
|
1 |
% |
|
— |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Brand net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Columbia |
|
$ |
2,072,617 |
|
$ |
(20,698 |
) |
|
$ |
2,051,919 |
|
|
$ |
2,035,439 |
|
2 |
% |
|
1 |
% |
SOREL |
|
|
136,277 |
|
|
(567 |
) |
|
|
135,710 |
|
|
|
141,995 |
|
(4 |
)% |
|
(4 |
)% |
prAna |
|
|
80,158 |
|
|
(6 |
) |
|
|
80,152 |
|
|
|
79,026 |
|
1 |
% |
|
1 |
% |
Mountain Hardwear |
|
|
66,905 |
|
|
142 |
|
|
|
67,047 |
|
|
|
70,663 |
|
(5 |
)% |
|
(5 |
)% |
Total |
|
$ |
2,355,957 |
|
$ |
(21,129 |
) |
|
$ |
2,334,828 |
|
|
$ |
2,327,123 |
|
1 |
% |
|
— |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Product category net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Apparel, accessories and equipment |
|
$ |
1,864,368 |
|
$ |
(15,436 |
) |
|
$ |
1,848,932 |
|
|
$ |
1,857,437 |
|
— |
% |
|
— |
% |
Footwear |
|
|
491,589 |
|
|
(5,693 |
) |
|
|
485,896 |
|
|
|
469,686 |
|
5 |
% |
|
3 |
% |
Total |
|
$ |
2,355,957 |
|
$ |
(21,129 |
) |
|
$ |
2,334,828 |
|
|
$ |
2,327,123 |
|
1 |
% |
|
— |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Channel net sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
Wholesale |
|
$ |
1,356,149 |
|
$ |
(14,369 |
) |
|
$ |
1,341,780 |
|
|
$ |
1,351,158 |
|
— |
% |
|
(1 |
)% |
DTC |
|
|
999,808 |
|
|
(6,760 |
) |
|
|
993,048 |
|
|
|
975,965 |
|
2 |
% |
|
2 |
% |
Total |
|
$ |
2,355,957 |
|
$ |
(21,129 |
) |
|
$ |
2,334,828 |
|
|
$ |
2,327,123 |
|
1 |
% |
|
— |
% |
(1) |
Constant-currency net sales is a non-GAAP financial measure. See “Supplemental Financial Information” above for further information. |
View source version on businesswire.com: https://www.businesswire.com/news/home/20261029762506/en/
Investor Relations Contact:
Matt Tucker
(503) 985-1445
InvestorRelations@columbia.com
Source: Columbia Sportswear Company