Quarterly ResultMay 7, 2026, 04:31 PM
Columbia Sportswear Q1 Net Income Down 18.8% to $34.3M
AI Summary
Columbia Sportswear reported a net income of $34.3 million for Q1 2026, an 18.8% decrease from $42.2 million in Q1 2025, with diluted EPS falling 13.3% to $0.65. Net sales remained relatively flat at $779.0 million. The company also entered into a new $500.0 million unsecured revolving credit facility and continued its share repurchase program, buying back $150.0 million in common stock.
Key Highlights
- Net income decreased 18.8% to $34.3 million in Q1 2026 from $42.2 million in Q1 2025.
- Diluted EPS fell 13.3% to $0.65 in Q1 2026 from $0.75 in Q1 2025.
- Net sales were flat at $779.0 million in Q1 2026 compared to $778.5 million in Q1 2025.
- Operating income decreased 9.7% to $42.0 million in Q1 2026 from $46.5 million in Q1 2025.
- Entered a new $500.0 million unsecured revolving credit facility maturing March 19, 2031.
- Repurchased $150.0 million of common stock in Q1 2026, up from $101.4 million in Q1 2025.
- U.S. net sales decreased 10.3% to $422.5 million; EMEA net sales increased 35.2% to $145.3 million.
- Net cash used in operating activities increased to $77.5 million from $32.0 million YoY.