Brief: Columbia Sportswear Company Reports Third Quarter And First Nine Months 2022 Financial Results Updates Full Year 2022 Financial Outlook

Columbia Sportswear

27/10/2022 21:59

Oct 27 (Reuters) - Columbia Sportswear Co  COLM.O :
    * MPANY REPORTS THIRD QUARTER AND FIRST NINE MONTHS 2022
FINANCIAL
RESULTS; UPDATES FULL YEAR 2022 FINANCIAL OUTLOOK
    * NET SALES INCREASED 19 PERCENT TO $955.0 MILLION, COMPARED
TO Q3
2021
    * QTRLY EARNINGS PER SHARE $1.80
    * SEES FY 2022 NET SALES OF $3.44 TO $3.50 BILLION
    * SEES  2022 DILUTED EARNINGS PER SHARE OF $5.00 TO $5.40
    * QTRLY INVENTORIES INCREASED 47 PERCENT TO $1,056.9
MILLION,
COMPARED TO $720.9 MILLION AS OF SEPTEMBER 30, 2021
    * QTRLY INVENTORIES INCREASED 47 PERCENT TO $1,056.9
MILLION,
COMPARED TO $720.9 MILLION AS OF SEPTEMBER 30, 2021
    * Q3 EARNINGS PER SHARE VIEW $1.68, REVENUE VIEW $962.7
MILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $5.16, REVENUE VIEW $3.47
BILLION
-- REFINITIV IBES DATA

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