Columbia Sportswear Q3 sales fall 5% to $931.8 million; diluted EPS $1.56 vs $1.70
Columbia Sportswear reported third quarter 2024 net sales down 5% to $931.8 million and diluted EPS of $1.56, versus $1.70 a year earlier. The company cut its full-year 2024 net sales and operating cash flow outlook, while narrowing its diluted EPS range to $3.70 to $4.05 from $3.65 to $4.05. Its board also authorized up to an additional $600 million in share repurchases and declared a $0.30 quarterly dividend.
Key points
- Q3 net sales fell 5% to $931.8 million; operating income was $112.5 million, or 12.1% of net sales, versus $134.6 million a year earlier.
- Full-year 2024 net sales outlook lowered to $3.31 billion to $3.38 billion from $3.35 billion to $3.42 billion.
- Operating cash flow outlook lowered to at least $300 million from $350 million; diluted EPS outlook is $3.70 to $4.05 versus $3.65 to $4.05.
- Board authorized up to an additional $600 million in share repurchases; $0.30 quarterly dividend payable December 4, 2024 to holders of record on November 20, 2024.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.