Columbia Sportswear (COLM) Tops Q2 EPS by 8c, Offers Guidance

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Go back to Columbia Sportswear (COLM) Tops Q2 EPS by 8c, Offers Guidance

Columbia Sportswear Company Reports Second Quarter and First Half 2022 Financial Results

July 27, 2022 4:05 PM EDT

Updates Full Year 2022 Financial Outlook

Financial Highlights

Net sales increased 2 percent (4 percent constant-currency) to a record $578.1 million, compared to second quarter 2021. Operating income decreased 75 percent to $8.8 million, or 1.5 percent of net sales, compared to second quarter 2021 operating income of $35.0 million, or 6.2 percent of net sales. Diluted earnings per share decreased 82 percent to $0.11, compared to $0.61 in second quarter 2021. The Company repurchased $69.6 million of common stock during the second quarter and $286.9 million during the first six months of 2022.

Full Year 2022 Financial... More