
PORTLAND, Ore. - July 22, 2010 - Columbia Sportswear Company (NASDAQ: COLM), a leading innovator in active outdoor apparel, footwear, accessories and equipment, today announced net sales of $221.8 million for the quarter ended June 30, 2010, an increase of 24 percent compared to net sales of $179.2 million for the same period of 2009, with 2 percentage points of that increase resulting from changes in foreign currency exchange rates.
Highlights:
Second quarter 2010 consolidated net sales increased 24 percent to $221.8 million, compared to second quarter 2009 net sales of $179.2 million, including a 2 percentage point benefit from changes in foreign currency exchange rates.
Second quarter 2010 net loss was $10.6 million, or $(0.31) per diluted share, compared to net loss of $9.9 million, or $(0.29) per diluted share, for the second quarter of 2009.
The company raised its outlook for full year 2010 net sales to increase 14 to 16 percent and maintained its outlook for operating margin of approximately 7 percent.
The board of directors declared a quarterly dividend of $0.18 per share, payable on August 26, 2010 to shareholders of record on August 12, 2010.
The company's cash and short-term investments at June 30, 2010 totaled approximately $398 million with no long-term debt.
In September the well-known boot brand Sorel will release a limited edition of its iconic style: the Caribou. Collaborating with the Parisian concept store colette, the two brands have re-worked this historical model by adding the famous distinctive symbols of colette.
- Holiday shopping - Omni-shade for kids (UK)
- Omni-Freeze and Water (Belgium - Fl, Fr)
- Sweatshirts (Italy)
- Spring 10 Trail, Travel, Omni-Shade (Austria-German)
- Spring 10 Travel destinations (French)
- Ravenous - award (UK)
- T-shirts (Italy)
- Omni-Shade (Belgium/NL)
- Travel, Trail and water (Switzerland - German, French)
- Omni-Shade(Finland)
• First quarter 2010 net sales increased 10 percent to $300.4 million, compared to first quarter 2009 net sales of $272.0 million, including a 3 percentage point positive effect from changes in foreign currency exchange rates.
• First quarter 2010 net income was $9.2 million, or $0.27 per diluted share, compared to net income of $6.9 million, or $0.20 per diluted share, for the first quarter of 2009.
• Global fall 2010 wholesale order backlog was $725.3 million at March 31, 2010, a 19 percent increase compared with March 31, 2009, including a 3 percentage point positive effect from changes in foreign currency exchange rates.
• The company expects full year 2010 net sales to increase 12 to 14 percent and to generate operating margin of approximately 7 percent.
• The board of directors declared a quarterly dividend of $0.18 per share, payable on May 27, 2010 to shareholders of record on May 13, 2010.
• The company's cash and short-term investments at March 31, 2010 totaled $415.8 million with no long-term debt.
- Ravenous & Mobex (UK, Germany)
- Mobex (Switzerland-French & German)
- City & Travel newsflash - men and women (Italy)
- Water and Omni-Tech jackets for women(Finland)
- Ravenous (Belgium - NL/Fr)
- Omni-Dry (NL)
- Spring adventures (Spain)
PORTLAND, OR – March 31, 2010 -- Columbia Sportswear Company (NASDAQ: COLM), a leading innovator in the global outdoor apparel and footwear industries, today announced that its Ravenous™ trail running shoe has received the “Editors’ Choice Best Debut” Award from Trail Runner magazine.
- Travel & Water (English)
- Ravenous, Mobex, Columbia's technologies (Ireland)
- Mobex (Belgium NL)
- Omni-Shade & Footwear (Finland)
- Trail (Italy)
- Trail (France)
- Mohter's Day & S10 for Men (Spain)
- Shopping Kids
- Shopping Trail - Men/Women
- Sorel for rainy days
- Women Outerwear and Omni-Shield (Finland)
- Rainy weather - let's take a jacket & get out (Italy)
- Spring for men (Spain)
- Sorel - Joan of Arctic (Belgium)
Fourth Quarter Highlights:
Fourth quarter 2009 consolidated net sales increased 1 percent to $358.3 million, compared to fourth quarter 2008 net sales of $354.9 million.
Fourth quarter 2009 net income was $23.1 million, or $0.68 per diluted share, compared to net income of $18.6 million, or $0.55 per diluted share, for the fourth quarter of 2008, which included pre-tax, non-cash impairment charges of approximately $24.7 million, or $0.46 per diluted share after tax.
The company expects first quarter 2010 net sales to increase approximately 4 to 5 percent, including an estimated 4 percentage points of foreign currency benefit, and first quarter 2010 operating margin to decrease approximately 100 to 200 basis points, compared with first quarter 2009.
The board of directors declared a quarterly dividend of $0.18 per share, payable on March 4, 2010 to shareholders of record on February 18, 2010.
PORTLAND, Ore. - January 18, 2010 - Columbia Sportswear Company (NASDAQ: COLM), a global leader in the active outdoor apparel and footwear industries, today announced it will showcase the company's revolutionary suite of Omni-Heat technologies this week at SHOT Show in Las Vegas and Outdoor Retailer Winter Market in Salt Lake City.
- Spring 10 - key styles and technologies (UK)
- Fall 09 Shopping (Belgium/Flemish)
- S10 Trail Running - women (Spain)
GENEVA, Switzerland - December 3, 2009 - Columbia Sportswear Company (NASDAQ: COLM), a global leader in the active outdoor apparel and footwear industries, today announced the official launch of five new,localized European websites accessible from www.columbia.com, in English (UK), French, German, Spanish and Italian.
On Friday, November 27, 2009 Columbia Sportswear's newest branded retail store - and company's third in Europe - opened its doors to the public. The store is located in Sendlingerstrasse no 19, near the famous Marienplatz in Munich.
The store was open 2 weeks quicker than originally planned thanks to construction efficient team. Sabien Egloffstein, who has done an excellent job as the manager of Columbia's Outlet store in Ingolstadt, has been appointed the store manager.
http://www.columbiapressroom.com/photo-gallery/munich-store-opening.html
Geneva, Switzerland. - Oct. 19, 2009 - Columbia Sportswear Company (Nasdaq: COLM), a global leader in the active outdoor apparel and footwear industries, has chosen a site in the Sendlingerstrasse near the famous Marienplatz in Munich to house its third European Columbia-branded store, expected to open in December 2009. The new store, which will occupy 450 square meters, will present the company's Columbia brand outdoor apparel, equipment and footwear and Sorel brand footwear to millions of outdoor enthusiasts who live in Germany.
Geneva, Switzerland - July 20, 2009 - Columbia Sportswear Company (Nasdaq: COLM), a global leader in the active outdoor apparel and footwear industries, announced that two new Columbia product innovations were recognized with 2009 OutDoor Industry Awards for innovation and design at the OutDoor Show in Friedrichshafen, Germany last week.
This research looking into consumer behaviour and attitudes towards sun protection was commissioned by leading outdoor sportswear company Columbia. The survey was undertaken in the UK and Germany and involved over 3000 respondents.