Columbia Sportswear beats Q4 revenue estimates

Overview

• Outdoor apparel maker's Q4 revenue decreased 2% yr/yr but beat analyst expectations

• Q4 diluted EPS was $1.73, down from $1.80 in the previous year

• Company highlighted international market growth and ACCELERATE Growth Strategy

Outlook

• Columbia Sportswear expects 2026 net sales of $3.43 to $3.50 bln

• Company forecasts 2026 diluted EPS of $3.20 to $3.65

• Columbia anticipates 2026 operating income of $211 to $243 mln

Result Drivers

• EARLY SHIPMENT IMPACT - Net sales decline attributed to earlier shipment of Fall 25 wholesale orders, partially offset by increase in direct-to-consumer sales

• GROSS MARGIN EXPANSION - Gross margin improved due to healthier inventory composition and reduced promotional activity, despite U.S. tariffs

• ACCELERATE STRATEGY - Early success in attracting younger consumers through new product collections and marketing under ACCELERATE Growth Strategy

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the apparel & accessories peer group is "buy."

• Wall Street's median 12-month price target for Columbia Sportswear Co is $57.50, about 3.9% above its February 2 closing price of $55.33

• The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw2wwG6Wa

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