Brief: Columbia Sportswear Co Reports Record Q4 And Full Year 2021 Financial Results

Columbia Sportswear

03/02/2022 21:46

Feb 3 (Reuters) - Columbia Sportswear Co  COLM.O :
    * COLUMBIA SPORTSWEAR COMPANY REPORTS RECORD FOURTH QUARTER
AND
FULL YEAR 2021 FINANCIAL RESULTS; PROVIDES FULL YEAR 2022
FINANCIAL OUTLOOK; BOARD APPROVES 15 PERCENT DIVIDEND INCREASE
    * Q4 EARNINGS PER SHARE $2.39
    * SEES FY EARNINGS PER SHARE $5.50 TO $5.80
    * SEES FY SALES $3.63 BILLION TO $3.69 BILLION
    * Q4 SALES ROSE 23 PERCENT TO $1.13 BILLION
    * Q4 EARNINGS PER SHARE VIEW $1.79, REVENUE VIEW $1.07
BILLION --
REFINITIV IBES DATA
    * FY2021 EARNINGS PER SHARE VIEW $4.76, REVENUE VIEW $3.06
BILLION
-- REFINITIV IBES DATA
    * COLUMBIA SPORTSWEAR - SUPPLY CHAIN CONSTRAINTS CONTINUE TO
IMPACT OPERATIONS, CAUSING DELAYED RECEIPT, DELIVERY OF PRODUCTS
FOR FALL 2021, SPRING 2022
    * COLUMBIA SPORTSWEAR - DEMAND FOR OCEAN VESSELS, CONTAINERS
CONTINUES TO OUTSTRIP AVAILABLE CAPACITY, CAUSING YOY INCREASE
IN OCEAN FREIGHT COSTS

Source text for Eikon:  ID:nBw2YjmYfa 
Further company coverage:  COLM.O 

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