Columbia Sportswear (COLM) Declares $0.17 Quarterly Dividend; 1.4% Yield
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Columbia Sportswear Company Reports Record Fourth Quarter and Full Year Sales and Earnings; 2015 Net Income Increases 27 Percent on 11 Percent Sales Growth
February 11, 2016 4:05 PM EST4th Quarter 2015 Highlights:
Net sales increased 3 percent (7 percent constant-currency) to a fourth-quarter record $699.4 million. Operating income hit a fourth-quarter record of $82.3 million, or 11.8 percent of net sales. Net income increased 14 percent to a fourth-quarter record $63.4 million, or $0.90 per diluted share. Repurchased $55.5 million of the companys common stock. The board of directors approved a regular quarterly dividend of $0.17 per share, payable March 17, 2016 to shareholders of record on March 4, 2016.Fiscal Year 2015 Highlights:
Net sales increased $225.6 million, or 11 percent (15 percent... More