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.

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