Remember meForgot password?
    Log in with Twitter
| Press Release

Free Post Earnings Research Report: Columbia Sportswear Delivered Record Quarterly Revenue, Gross Margin, and Operating Income

LONDON, UK / ACCESSWIRE / March 14, 2018 / has just released a free earnings report on Columbia Sportswear Co. (NASDAQ: COLM). If you want access to this report all you need to do is sign up now by clicking the following link Columbia Sportswear reported its fourth quarter and fiscal 2017 operating and financial results on February 08, 2018. The maker of outdoor gear achieved record annual revenue and provided guidance for the full year 2018.Register today and get access to over 1,000 Free Research Reports by joining our site below: is focused on giving you timely information and the inside line on companies that matter to you. This morning, Columbia Sportswear most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

Earnings Highlights and Summary

Columbia Sportswear announced record fourth quarter net sales of $776.0 million for Q4 2017, reflecting an 8% growth, compared with net sales of $717.4 million for Q4 2016. The Company's reported numbers topped analysts' estimates of $761.7 million.

During Q4 2017, Columbia Sportswear delivered record gross margin of 47.9% compared to 47.1% in Q4 2016. The Company's reported quarter operating income was a record $109.4 million and non-GAAP operating income was $115.6 million compared to $100.4 million in the prior year's same quarter.

For Q4 2017, Columbia Sportswear posted GAAP net loss of $7.1 million, or $0.10 loss per share, and non-GAAP net income was $92.5 million, or $1.31 per diluted share, compared to net income of $84.7 million, or $1.20 per diluted share, in Q4 2016. The Company's non-GAAP financial measures exclude Project CONNECT program expenses and discrete costs of approximately $0.05 per diluted share, and Tax Cuts and Jobs Act (TCJA) related income tax expense of $1.36 per diluted share. Columbia Sportswear's earnings beat Wall Street's estimates of $1.11 per share.

For the full year 2017, Columbia Sportswear's net sales grew 4% to a record $2.47 billion compared to $2.38 billion in FY16.

Columbia Sportswear's net income was $105.1 million, or $1.49 per diluted share, and non-GAAP net income was $210.1 million, or $2.98 per diluted share, in FY17 compared to net income of $191.9 million, or $2.72 per diluted share, om FY16.

Columbia Sportswear's Segment Results

On geographical basis. the US region's net sales increased 8% to $492.6 million on a y-o-y basis, reflecting growth in direct-to-consumer and benefits from a shift in the timing of shipments of Fall 2017 advance wholesale orders from Q3 2017 to Q4 2017.

For Q4 2017, the Latin America/Asia Pacific (LAAP) region's net sales rose 2% to $154.3 million, including net sales growth with LAAP distributors in China, in Japan, and essentially flat net sales in Korea. The Company's Europe/Middle-East/Africa (EMEA) region's net sales advanced 19% to $83.5 million on a y-o-y basis, including an increase in net sales in Europe-direct and to EMEA distributors. Columbia Sportswear's Canada net sales jumped 14% to $45.6 million on a y-o-y basis.

Segmenting the results on a brand basis, the Global Columbia brand's net sales gained 9% to $602.4 million in Q4 2017. Columbia Sportswear's Global SOREL brand's net sales climbed 10% to $113.9 million, while Global prAna brand's net sales increased 8% to $30.4 million in the reported quarter. The Company's Global Mountain Hardwear brand net sales dropped 9% to $28.4 million on a y-o-y basis.

Cash Matters

During FY17, Columbia Sportswear generated $341.1 million in operating cash flow, invested $53.4 million in capital expenditures, paid dividends of $50.9 million, and repurchased 665,095 shares for a total of $35.5 million.

At December 31, 2017, Columbia Sportswear's cash and short-term investments totaled $768.1 million compared to $551.9 million at December 31, 2016. The Company's consolidated inventory of $457.9 million at December 31, 2017, represented a drop of 6% on a y-o-y basis.


For FY18, Columbia Sportswear is forecasting net sales growth of approximately 5.5% to 7.5% compared to net sales of $2.47 billion in FY17. The Company is projecting operating income between approximately $263 million and $273 million and non-GAAP operating income between approximately $290 million and $300 million for FY18.

Stock Performance Snapshot

March 13, 2018 - At Tuesday's closing bell, Columbia Sportswear's stock slightly fell 0.13%, ending the trading session at $77.49.

Volume traded for the day: 211.42 thousand shares.

Stock performance in the last month – up 1.03%; previous three-month period – up 12.09%; past twelve-month period – up 39.42%; and year-to-date – up 7.80%

After yesterday's close, Columbia Sportswear's market cap was at $5.23 billion.

Price to Earnings (P/E) ratio was at 47.63.

The stock has a dividend yield of 1.14%.

The stock is part of the Consumer Goods sector, categorized under the Textile-Apparel Clothing industry.

Active-Investors :

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.


A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit


For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Phone number:73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors