Columbia Sportswear Reports Q2 Earnings with Tariff Refunds Boosting Performance
Columbia Sportswear (NASDAQ:COLM) reported second-quarter net sales of $614 million, a 2% increase from the previous year. International revenue rose by 9%, driven by strong performance in key markets such as China and Latin America, while U.S. sales declined by 4%. The company attributed its improved financial results to $78 million in U.S. tariff refunds and interest income, which significantly boosted gross margin to 58.3% and earnings per share (EPS) to $0.52. Despite the positive figures, challenges such as weak store traffic and discretionary spending pressures continued to impact domestic sales. The company maintained its full-year revenue growth outlook of 1-3%, while raising EPS guidance for reported results to between $4.45 and $4.90 per share. Supply chain disruptions are expected to shift over $30 million in shipments from Q3 into Q4, affecting the timing but not necessarily the overall performance. CFO Jim Swanson noted stronger-than-expected order conversion despite a weaker spring 2026 wholesale order book and ongoing consumer spending pressures.
Tickers: $COLM
Topics: guidance_update international_performance sales_growth tariff_refunds