Benzinga | Aug 2, 2021 05:31PM EDT

Recap: Columbia Sportswear Q2 Earnings

Shares of Columbia Sportswear (NASDAQ:COLM) rose in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 179.22% year over year to $0.61, which beat the estimate of ($0.08).

Revenue of $566,370,000 higher by 78.89% from the same period last year, which beat the estimate of $497,570,000.

Looking Ahead

The upcoming fiscal year's EPS expected to be between $4.30 and $4.55.

The upcoming fiscal year's revenue expected to be between $3,130,000,000 and $3,160,000,000.

How To Listen To The Conference Call

Date: Aug 02, 2021

Time: 05:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/2155/38208

Technicals

Company's 52-week high was at $114.98

Company's 52-week low was at $73.11

Price action over last quarter: down 0.01%

Company Description

Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has significant sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. Most sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. Columbia sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia, to manufacture its products.