Columbia Sportswear (COLM) Raises Quarterly Dividend 13.3% to $0.17; 1.3% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Wall St futures muted as oil gains curb risk appetite after S&P record close
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- Reddit to join S&P 500 index on Aug. 18, shares leap
Columbia Sportswear Company Announces Record Quarterly and Year-to-Date Results; Raises Full Year Earnings Outlook
October 29, 2015 4:05 PM EDTThird Quarter 2015 Highlights:
Net sales increased 14 percent (18 percent constant-currency) to a record $767.6 million. Gross margin expanded 100 basis points to 46.4 percent. Operating income increased 35 percent to a record $132.3 million, or 17.2 percent of net sales. Net income increased 39 percent to a record $91.1 million, or $1.28 per diluted share. The Board of Directors approved a 13 percent increase in the quarterly dividend to $0.17 per share.Fiscal Year 2015 Outlook Raised to Anticipate:
Approximately 10.5 percent net sales growth (14.5 percent constant-currency).... More