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Article Date: February 2019
Word Count: 585

Columbia Sportswear Has Huge Q4, Double-Digit Gains for FY

In its seasonally most important quarter, COLM saw record net income of $113,260,000 against a loss of $7,072,000 that was hit by $95.6 million in incremental costs from the Tax Reform Act last year as sales soared 18% to $917,598,000 from $776,041,000 for the three months ended Dec. 31. For the year, net was up 155% to $268,256,000 from $105,123,000 on a 14% sales rise to $2,802,326,000 from $2,466,105,000. The top and bottom lines were records for the quarter and year and growth was balanced by geography and category. For Q4, DTC sales improved 23% to $467.0 million while wholesale ... Log in to view full article.


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