Columbia Sportswear (COLM) Tops Q2 EPS by 69c

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Go back to Columbia Sportswear (COLM) Tops Q2 EPS by 69c

Columbia Sportswear Company Reports Record Second Quarter and First Half 2021 Financial Results and Raises Full Year 2021 Financial Outlook

August 2, 2021 4:05 PM EDT

Financial Highlights

The Company generated record second quarter and first half 2021 net sales, gross margin, operating income and diluted earnings per share, exceeding pre-pandemic levels. Second quarter 2021 net sales increased 79 percent to $566.4 million, compared to second quarter 2020. Second quarter 2021 operating income of $35.0 million, or 6.2 percent of net sales, compared to a second quarter 2020 operating loss of $70.3 million, or (22.2) percent of net sales. Second quarter 2021 diluted earnings per share of $0.61, compared to a net loss per share of $(0.77) in second quarter 2020. Exited the quarter with $820.9 million in cash... More