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
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US:NASDAQ Investor Relations:
investor.columbia.com
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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
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News
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COLM
Earnings
- 10/30/24 - Beat
COLM
Analyst Actions
- 12/11/24 - Stifel
COLM
Sec Filings
- 11/13/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/6/24 - Form SC
- COLM's page on the SEC website