Columbia Sportswear Company (NASDAQ:COLM) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Andrew Burns - Vice President, Investor Relations & Strategic Planning Tim Boyle - Chairman, President & Chief Executive Officer Jim Swanson - Executive Vice President & Chief Financial Officer Conference Call Participants Bob Drbul - Guggenheim Laurent Vasilescu - BNP Paribas John Kernan - TD Cowen Tracy Kogan - Citigroup Alex Perry - Bank of America Mitch Kummetz - Seaport Research J ...

Columbia Sportswear (COLM) reported $931.77 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 5.5%. EPS of $1.56 for the same period compares to $1.70 a year ago.The reported revenue represents a surprise of -1.56% over the Zacks Consensus Estimate of $946.56 million. With the consensus EPS estimate being $1.36, the EPS surprise was +14.71%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Columbia Sportswear Company. CFO Commentary and Financial Review Third Quarter 2024 October 30, 2024 FORWARD-LOOKING STATEMENTS This presentation does not constitute an offer or invitation for the sale or purchase of securities and has been prepared solely for informational purposes. This presentation contains forward-looking tatements within the meaning of the federal securities laws regarding Columbia Sportswear Company's business opportunities and anticipated results of operations. Forward-looking statem ...

Core Viewpoint - Columbia Sportswear reported quarterly earnings of $1.56 per share, exceeding the Zacks Consensus Estimate of $1.36 per share, but down from $1.70 per share a year ago, indicating a 8.24% year-over-year decline in earnings [1] - The company posted revenues of $931.77 million for the quarter, missing the Zacks Consensus Estimate by 1.56% and down from $985.68 million year-over-year [2] Earnings Performance - Columbia Sportswear achieved an earnings surprise of 14.71% for the recent quarter and had a prior quarter surprise of 35.48% [1][2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Stock Performance - Columbia Sportswear shares have declined approximately 4.3% since the beginning of the year, contrasting with the S&P 500's gain of 22.3% [3] - The current Zacks Rank for Columbia Sportswear is 4 (Sell), indicating expected underperformance in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $1.95 on revenues of $1.09 billion, and for the current fiscal year, it is $3.80 on revenues of $3.38 billion [7] - The estimate revisions trend for Columbia Sportswear has been unfavorable leading up to the earnings release [6] Industry Context - The Textile - Apparel industry, to which Columbia Sportswear belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Under Armour, another company in the same industry, is expected to report a quarterly earnings decline of 20.8% year-over-year [9]

Exhibit 99.1 Columbia Sportswear Company Reports Third Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook Third Quarter 2024 Highlights • Net sales decreased 5 percent (5 percent constant-currency) to $931.8 million, compared to third quarter 2023. • Operating income was $112.5 million, or 12.1 percent of net sales, compared to third quarter 2023 operating income of $134.6 million, or 13.7 percent of net sales. • Diluted earnings per share of $1.56, compared to third quarter 2023 dilut ...

Columbia Sportswear Company (COLM) is gearing up to unveil its third-quarter 2024 earnings on Oct. 30, after market close. Investors are closely monitoring for insights into its performance.The Zacks Consensus Estimate for third-quarter revenues is pegged at $946.6 million, which indicates nearly 4% decline from the year-ago period.The consensus mark for the bottom line has deteriorated a penny in the past seven days to $1.36. This indicates a 20% decline from the year-ago quarter’s earnings of $1.70 per sh ...

Columbia Sportswear Company (COLM) is well-positioned for growth and profitability, owing to its strategic focus on key priorities such as accelerating profits, developing iconic and innovative products, boosting brand engagement and enhancing digital capabilities. Despite facing a challenging operating environment in the United States, characterized by slow consumer demand and cautious retailers, the company is set to improve operational efficiency and safeguard profits through its multi-year Profit Improv ...

Columbia Sportswear TodayCOLMColumbia Sportswear$79.99 -0.08 (-0.10%) 52-Week Range$66.01▼$87.23Dividend Yield1.50%P/E Ratio19.51Price Target$77.00Add to WatchlistOutdoor lifestyle apparel and products manufacturer Columbia Sportswear Co. NASDAQ: COLM is trying to stage a turnaround in its business. After the pandemic-driven surge of 2021, Columbia has been tackling tailwinds comprised of inflationary pressures, economic uncertainty, and inventory glut. While its recent earnings results and Q3 guidance left ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_______to_______ ————————————————————— Commission file number 000-23939 ————————————————————— COLUMBIA SPORTSWEAR COMPANY UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 (Exact name of registrant as specified in its cha ...

Columbia Sportswear Company (COLM) posted second-quarter 2024 results, with the top and the bottom line deteriorating year over year. The quarterly loss was narrower than the Zacks Consensus Estimate, but net sales missed the consensus mark.The company has been facing a tough U.S. market, marked by sluggish consumer demand and cautious retailers. However, internationally, the company is seeing strong product demand in most global markets, including China and its Europe-direct business. Management reaffirmed ...