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Stock impact report

Columbia Sportswear Company Reports Record Third Quarter and First Nine Months 2019 Financial Results; Updates Full Year 2019 Financial Outlook

Columbia Sportswear Company (COLM) 
Last columbia sportswear company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.columbia.com
Company Research Source: Business Wire
Third Quarter 2019 HighlightsNet sales increased 14 percent (15 percent constant-currency) compared to third quarter 2018, to a record $906.8 million.Gross margin expanded 110 basis points to a record 49.3 percent of net sales, compared to third quarter 2018 gross margin of 48.2 percent of net sales.Operating income increased 18 percent to a record $152.0 million and operating margin expanded 60 basis points to 16.8 percent of net sales, compared to third quarter 2018 operating income of $129.1 million, or 16.2 percent of net sales. Compared to non-GAAP third quarter 2018 operating income of $126.0 million, or 15.8 percent of net sales, operating income increased 21 percent and operating margin expanded 100 basis points.Diluted earnings per share increased 23 percent to a record $1.75, compared to third quarter 2018 diluted earnings per share of $1.42. Compared to non-GAAP third quarter 2018 diluted earnings per share of $1.41, diluted earnings per share increased 24 percent.Full Year Show less Read more
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