Columbia Sportswear Exceeds Q1 Guidance Amid International Growth
Columbia Sportswear reported first-quarter net sales of $779 million, in line with expectations. The company saw a 16% increase in international sales (now over 40% of total revenue), while U.S. sales declined by about 10%. Despite gross margin falling to 50.7%, the firm raised its full-year profitability targets and maintained its net sales outlook.
Tickers: $COLM
Topics: earnings gross_margin international_growth sales tariffs