Columbia Sportswear Q1 revenue beats estimates

Columbia Sportswear Co

30/04/2026 21:38

Overview

U.S. outdoor apparel maker's Q1 revenue was flat yr/yr, beating analyst expectations

Q1 diluted EPS fell to $0.65 from $0.75 a year earlier

Company repurchased $150 mln of common stock during the quarter

Outlook

Columbia Sportswear sees 2026 net sales of $3.43-$3.50 bln, up 1%-3% from 2025

Company raises 2026 gross margin outlook to 50.3-50.5% from prior 49.8%-50.0%

Columbia Sportswear expects Q2 net sales of $600-$610 mln, down 1% to up 1% year-on-year

Result Drivers

INTERNATIONAL GROWTH - Sales growth in most international markets offset by U.S. decline, per company

U.S. SALES DECLINE - U.S. business fell due to lower wholesale orders and reduced winter product supply, per company

TARIFF IMPACT - Gross margin contraction primarily reflected impact of incremental U.S. tariffs, partially offset by targeted price increases

Company press release: ID:nBw87wLfDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$779 mln
$758.26 mln (8 Analysts)
Q1 EPS
$0.65
Q1 Gross Margin
50.70%
Q1 Operating Income
$42 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "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 $66.50, about 10.9% above its April 29 closing price of $59.99

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 19 three months ago

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.)