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North America Propels Columbia Sportswear In Q2

Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.

Oakley’s North American Sales Falter

Luxottica Group lowered its guidance after reporting North American sales of Oakley sunglasses declined in the second quarter due to poor performance in the sporting goods channel.

Nike Predicts North America Bounce Back

Nike Inc. surprised some investors by reporting lower-than-expected sales for its fiscal fourth quarter, ended May 31, despite barely beating expectations on earnings, as it was impacted in North America by tough year-ago comparisons due to last year’s West Coast port slowdown as well as the need to clean up excess inventories in the marketplace.