Columbia Sportswear's Q2 revenue beats estimates; raises profit outlook
Columbia Sportswear's Q2 revenue beats estimates; raises profit outlook
Overview
Outdoor apparel maker's Q2 revenue rose 2% yr/yr, beating analyst expectations
Q2 EPS was $0.52, boosted by a one-time $78 mln U.S. tariff refund
Company raised full-year profit outlook, with sales growth guidance unchanged at 1-3%
Outlook
Columbia Sportswear sees 2026 net sales of $3.43-$3.50 bln, unchanged from prior guidance
Company raises 2026 gross margin outlook to 52.1%-52.3% from prior 50.3%-50.5%
Columbia Sportswear expects 2026 diluted EPS of $4.45-$4.90, up from prior $3.55-$4.00
Result Drivers
TARIFF REFUND - Q2 results were boosted by a $78 mln U.S. tariff refund, which benefited gross margin and EPS
INTERNATIONAL GROWTH - Sales growth in most international markets partly offset lower U.S. sales
PROMOTIONAL ACTIVITY - Increased promotions in U.S. direct-to-consumer stores hurt channel profitability
Company press release: ID:nBw6qpJJ3a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $614.40 mln | $606.97 mln (8 Analysts) |
Q2 EPS |
| $0.52 |
|
Q2 Gross Margin |
| 58.3% |
|
Q2 Operating Income |
| $30.90 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the apparel & accessories peer group is "buy."
Wall Street's median 12-month price target for Columbia Sportswear Co is $68.00, about 7% above its July 29 closing price of $63.56
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago
Reuters Recommended Reads
July 30 - Canada Goose beats revenue estimates but new U.S. tariffs could cast a shadow
July 28 - Rocky Brands Q2 profit beats on on tariff refunds, strong demand
July 29 - Sonos Q3 profit jumps 52% on IEEPA tariff refunds
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)