Columbia Sportswear: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 04:58 PM ET
Last Updated - Dec 16, 2024, 05:49 PM EST
PORTLAND, Ore. (AP) — PORTLAND, Ore. (AP) — Columbia Sportswear Co. (COLM) on Wednesday reported third-quarter net income of $90.2 million.
The Portland, Oregon-based company said it had profit of $1.56 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.
The maker of outdoor gear posted revenue of $931.8 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $946.6 million.
