Columbia Sportswear Pulls Full-Year Outlook, Logs Lower 1Q Profit

Dow Jones
2025/05/02
 

By Kelly Cloonan

 

Columbia Sportswear withdrew its full-year outlook, citing tariff uncertainty, after it posted a slight decline in profit for the first quarter.

The outdoor apparel- and equipment-retailer previously guided for revenue growth of 1% to 3% and earnings per share of $3.80 to $4.15, compared with $3.82 a share in 2024.

"In light of macro-economic uncertainty resulting from U.S. tariff increases and ambiguous public policy, we are taking decisive actions to maintain the Company's financial strength," Chief Executive Tim Boyle said Thursday, adding that the company could gain market share in the current environment.

The company's second-quarter outlook, which includes current U.S. tariff rates, guided for sales of $575 million to $600 million, up from $570.2 million from the year-ago period.

For the first quarter, Columbia Sportswear posted a profit of $42.2 million, or 75 cents a share, compared with $42.3 million, or 71 cents a share, a year earlier.

Analysts expected 68 cents, according to FactSet.

Revenue rose 1%, to $778.5 million, above analyst expectations for $757.3 million.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

May 01, 2025 18:13 ET (22:13 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10