Core Insights - Columbia Sportswear reported revenue of $1.1 billion for the quarter ended December 2024, reflecting a 3.5% increase year-over-year and a surprise of +0.38% over the Zacks Consensus Estimate of $1.09 billion [1] - The company's EPS was $1.80, down from $1.86 in the same quarter last year, resulting in an EPS surprise of -6.25% compared to the consensus estimate of $1.92 [1] Revenue Performance - Geographic net sales in the United States were $682.29 million, slightly above the average estimate of $678.59 million, but represented a year-over-year decline of -1% [4] - In Canada, net sales were $65.16 million, marginally exceeding the average estimate of $65.09 million, with a year-over-year change of -0.1% [4] - Sales in the EMEA region reached $161.55 million, significantly surpassing the estimated $150.58 million, marking a year-over-year increase of +23.6% [4] - Latin America and Asia Pacific net sales were $187.59 million, below the average estimate of $195.52 million, but still showing a year-over-year growth of +7.4% [4] Stock Performance - Columbia Sportswear shares have returned +2.5% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

Columbia Sportswear (COLM) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.25%. A quarter ago, it was expected that this maker of outdoor gear would post earnings of $1.36 per share when it actually produced earnings of $1.56, delivering a surprise of 14.71%.Over the last four quar ...

Columbia Sportswear Company. CFO Commentary and Financial Review Fourth Quarter and Full Year 2024 February 4, 2025 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 statements wilthin the meaning of the federal securities laws regarding Columbia Sportswear Company's business opportunities and anlicipated results of operations. Forwa ...

Financial Performance - Net sales for Q4 2024 increased by 3% to $1,096.6 million compared to Q4 2023[5] - Operating income for Q4 2024 rose by 21% to $137.3 million, representing 12.5% of net sales, compared to 10.7% in Q4 2023[5] - Diluted earnings per share for Q4 2024 increased by 16% to $1.80, despite a $6.4 million discrete tax valuation allowance expense impacting EPS by $0.11[5][13] - Full year 2024 net sales decreased by 3% to $3,368.6 million compared to 2023[15] - Full year 2024 operating income decreased by 13% to $270.7 million, or 8.0% of net sales[16] - For the year ended December 31, 2024, net sales were $3,368,582, a decrease of 3.4% compared to $3,487,203 in 2023[46] - The diluted earnings per share for the year ended December 31, 2024, was $3.82, down from $4.09 in 2023, a decrease of 6.6%[46] Future Projections - The company plans for 2025 net sales growth of 1.0% to 3.0%, projecting sales between $3.40 billion and $3.47 billion[28] - Expected gross margin for 2025 is approximately 51%, an increase of 80 basis points from 2024[28] - Capital expenditures for 2025 are planned to be in the range of $60 to $80 million[31] Shareholder Returns - The company repurchased $317.8 million of common stock during the twelve months ended December 31, 2024[5][23] - The board approved a quarterly cash dividend of $0.30 per share, payable on March 21, 2025[26] Cash and Assets - The company reported cash and cash equivalents of $531,869 as of December 31, 2024, an increase of 51.8% from $350,319 in 2023[48] - Total assets increased to $2,975,265 as of December 31, 2024, compared to $2,939,013 in 2023, marking a growth of 1.2%[44] Expenses and Income - Selling, general and administrative expenses rose to $1,443,906 for the year ended December 31, 2024, compared to $1,416,313 in 2023, an increase of 1.9%[46] - The company experienced a net cash provided by operating activities of $491,042 for the year ended December 31, 2024, down from $636,297 in 2023[48] - Net income for the year ended December 31, 2024, was $223,273, down from $251,400 in 2023, reflecting a decrease of 11.2%[46] Brand Performance - In the United States, net sales decreased by 1% to $682,287 thousand from $689,440 thousand year-over-year[50] - Europe, Middle East and Africa showed significant growth with a 24% increase in net sales to $161,551 thousand compared to $130,743 thousand in 2023[50] - The Columbia brand net sales for the twelve months decreased by 1% to $2,917,678 thousand from $2,935,145 thousand year-over-year[53] - SOREL brand experienced a substantial decline of 29% in net sales for the twelve months, totaling $238,266 thousand compared to $336,688 thousand in 2023[53] - Direct-to-consumer (DTC) channel net sales for the twelve months increased by 1% to $1,634,224 thousand from $1,613,200 thousand in 2023[53] - Apparel, Accessories and Equipment category net sales remained stable with no percentage change, totaling $2,687,174 thousand for the twelve months[53] - The footwear category saw a significant decline of 16% in net sales for the twelve months, dropping to $681,408 thousand from $810,606 thousand in 2023[53] Strategic Initiatives - The company plans to continue executing its ACCELERATE Growth Strategy to enhance growth opportunities and manage expenses effectively[40] - The company reported a constant-currency net sales growth as a non-GAAP financial measure, indicating a need for further analysis of underlying performance trends[50]

Core Viewpoint - Columbia Sportswear Company (NASDAQ: COLM) is considered a relatively safe investment in the apparel sector, with a previous rating of "Buy" [1]. Company Summary - The last article on Columbia Sportswear was published over a year ago, indicating a long-term interest in the company's performance [1]. - The company has not been involved in any stock, option, or similar derivative positions, nor does it plan to initiate any within the next 72 hours [1].

Columbia Sportswear Company (COLM) gears up to unveil its fourth-quarter 2024 earnings on Feb. 4, after market close. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $1.08 billion, which indicates a 1.8% increase from the year-ago period.In the past 30 days, the Zacks Consensus Estimate for earnings has remained unchanged at $1.86 per share, which is in-line with the reported figure in the same quarter last year. COLM delivered a trailing four-quarter earnings surprise of 36.5%, on ave ...

Core Insights - Columbia Sportswear Company (COLM) is implementing a new growth strategy called ACCELERATE, aimed at attracting younger, active consumers through innovative products and brand-enhancing initiatives [1][3][4] Group 1: Growth Strategy - The ACCELERATE strategy focuses on refining the company's segmentation framework to better identify growth opportunities, particularly targeting the largest and fastest-growing segment of the outdoor market: younger, active consumers [3] - Columbia Sportswear has seen success in international markets like China and Europe and plans to apply similar strategies in the United States [3] - The company is enhancing brand perception through a refreshed creative plan and prioritizing product innovation, with a focus on fewer, more impactful collections [4][6] Group 2: Operational Efficiency - Columbia Sportswear is undertaking a multi-year Profit Improvement Program aimed at improving operational efficiency and safeguarding profits, expecting to realize cost savings of nearly $90 million in 2024 [2][7] - The program focuses on four key areas: operational cost savings, organizational cost savings through workforce reduction, operating model improvements, and cutting indirect spending through strategic sourcing [8][9] Group 3: Market Challenges - The company faces external challenges, including sluggish consumer demand, which has impacted its growth outlook and third-quarter 2024 results, driven by lower wholesale net sales and soft demand in the U.S. market [2][10] - For 2024, Columbia Sportswear expects net sales to decline by 5-3%, projecting a range of $3.31-$3.38 billion, down from $3.49 billion in 2023 [11] - The company is cautious regarding external risks such as geopolitical conflicts, weather, and supply-chain issues that could affect operations and consumer demand [11][12]

Columbia Sportswear Company (COLM) is making a major strategic shift, aiming to attract a younger, more active consumer base while enhancing its brand image. With its new "ACCELERATE" strategy, the company is focusing on refining its product offerings, improving consumer experiences and increasing brand visibility. Management is on track to enhance operational efficiency and protect profits through its multi-year Profit Improvement Program.Despite these efforts, the company is facing persistent challenges s ...

Core Insights - The article emphasizes the importance of selecting high-quality stocks with favorable risk/reward profiles across various industries and geographies [1] Group 1: Stock Selection and Analysis - The focus is on analyzing stocks that present great investment opportunities and inviting public discourse on long/short equity ideas [1] - The author aims to provide in-depth financial analysis and accessible introductions to novel companies and investment propositions [1] Group 2: Research and Disclosure - The information is based on personal research and analysis, intended for informational purposes only [3] - There is a clear statement that the author has no financial positions in the companies mentioned and no plans to initiate any such positions in the near future [2]

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 September 30, 2024 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 (Exact name of registrant as specified in it ...