Quarterly ResultApr 30, 2026, 04:18 PM
COLM Q1 Net Sales Flat; EPS $0.65; FY26 EPS Outlook Raised
AI Summary
Columbia Sportswear Company reported first quarter 2026 financial results, with net sales remaining relatively flat at $779.0 million and diluted earnings per share decreasing to $0.65. Despite the Q1 performance, the company updated its full-year 2026 financial outlook, raising its guidance for gross margin, operating income, and diluted earnings per share. Additionally, the Board of Directors declared a quarterly cash dividend of $0.30 per share and the company repurchased $150.0 million of common stock during the quarter.
Key Highlights
- Q1 2026 net sales were $779.0M, relatively flat YoY (down 3% constant-currency).
- Q1 2026 diluted EPS decreased to $0.65 from $0.75 in Q1 2025.
- Q1 2026 operating income decreased 10% to $42.0M, or 5.4% of net sales.
- Company repurchased $150.0M of common stock (2,498,685 shares) during the quarter.
- Board declared a quarterly cash dividend of $0.30 per share, payable June 4, 2026.
- Full-year 2026 net sales outlook unchanged at $3.43B-$3.50B (1.0%-3.0% growth).
- Full-year 2026 diluted EPS outlook raised to $3.55-$4.00 (prior $3.20-$3.65).
- Full-year 2026 operating margin outlook raised to 6.7%-7.5% (prior 6.2%-6.9%).