Columbia Sportswear (COLM) Tops Q3 EPS by 13c, Offers Guidance

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Columbia Sportswear Company Reports Third Quarter and First Nine Months 2022 Financial Results; Updates Full Year 2022 Financial Outlook

October 27, 2022 4:05 PM EDT

Financial Highlights

Net sales increased 19 percent (22 percent constant-currency) to a record $955.0 million, compared to third quarter 2021. Operating income increased 9 percent to $145.3 million, or 15.2 percent of net sales, compared to third quarter 2021 operating income of $133.5 million, or 16.6 percent of net sales. Diluted earnings per share increased 18 percent to $1.80, compared to $1.52 in third quarter 2021.

Full Year 2022 Financial Outlook

The following forward-looking statements reflect our expectations as of October 27, 2022 and are subject to significant risks and business uncertainties, including those factors described under Forward-Looking Statements below. Additional... More