Columbia Sportswear Company reported that fourth-quarter net sales increased 4 percent (8 percent constant-currency) to $1.17 billion from $1.13 billion for the comparable period in 2021. The increase in net sales was driven by Columbia brand growth, partially offset by declines in net sales in emerging brands.
Net income decreased 20 percent to $125.7 million, or $2.02 per diluted share, compared to net income of $157.0 million, or $2.39 per diluted share, for the comparable period in 2021.
For more background and details on Columbia Sportswear’s Q4 results, including sales details by brand and region, get inside company management’s call with analysts at SGB Executive here:
Columbia Sportswear Q4 Profits Fall 20 Percent As Sales Growth Moderates
Photo courtesy Columbia
