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Article Date: February 2020
Word Count: 571

Columbia Q4 Softened by Weather, Coronavirus Wildcard in 2020


Hit by a challenging retail environment against a banner year prior, Columbia net income in Q4 inched up 1% to $114,025,000 against $113,260,000 on a 4% sales improvement to $954,867,000 from $917,598,000. However, a strong start to the year, especially in the first half, easily produced a record year as net improved 23% to $330,489,000 from $268,256,000, with Sorel sales gaining 21% to $314.2 million from $260.3 million and Columbia up 9% to $2,487.7 million from $2,292.3 million. That was partially offset by a 4% decline at Prana to $151.5 million from $157.0 million while Mountain Hardwear was flat at ... Log in to view full article.

 


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