Columbia Sportswear (NASDAQ:COLM) Announces Quarterly Earnings Results

Key Points

• Columbia Sportswear reported a quarterly earnings per share (EPS) of ($0.19), exceeding expectations of ($0.28), with a revenue of $605.25 million compared to the estimated $587.97 million.
• The company's stock fell 12.9% to $49.30 following the earnings announcement, reflecting a significant drop in investor confidence.
• Columbia Sportswear declared a quarterly dividend of $0.30 per share, providing an annualized yield of 2.4% for shareholders.

Columbia Sportswear (NASDAQ:COLM - Get Free Report) announced its quarterly earnings data on Thursday. The textile maker reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.28) by $0.09, Zacks reports. Columbia Sportswear had a net margin of 6.59% and a return on equity of 12.78%. The business had revenue of $605.25 million during the quarter, compared to analysts' expectations of $587.97 million. During the same period in the previous year, the business posted ($0.20) EPS. The business's quarterly revenue was up 6.1% compared to the same quarter last year. Columbia Sportswear updated its Q3 2025 guidance to 1.000-1.200 EPS and its FY 2025 guidance to EPS.

Columbia Sportswear Trading Down 12.9%

NASDAQ:COLM traded down $7.27 during trading hours on Friday, reaching $49.30. 2,604,862 shares of the company were exchanged, compared to its average volume of 559,208. Columbia Sportswear has a twelve month low of $48.10 and a twelve month high of $92.88. The firm has a market cap of $2.72 billion, a PE ratio of 12.58, a price-to-earnings-growth ratio of 3.83 and a beta of 0.97. The stock's 50-day moving average is $61.35 and its 200-day moving average is $70.87.

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, August 21st. This represents a $1.20 dividend on an annualized basis and a yield of 2.4%. Columbia Sportswear's dividend payout ratio is currently 30.61%.

Insider Activity

In other news, Director Stephen E. Babson sold 2,776 shares of the company's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $65.94, for a total transaction of $183,049.44. Following the completion of the sale, the director owned 128,309 shares of the company's stock, valued at $8,460,695.46. This represents a 2.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 48.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Columbia Sportswear

A number of large investors have recently modified their holdings of COLM. Millennium Management LLC grew its holdings in shares of Columbia Sportswear by 24.6% in the first quarter. Millennium Management LLC now owns 142,956 shares of the textile maker's stock valued at $10,820,000 after purchasing an additional 28,269 shares during the period. Jane Street Group LLC grew its holdings in shares of Columbia Sportswear by 125.0% in the first quarter. Jane Street Group LLC now owns 115,294 shares of the textile maker's stock valued at $8,727,000 after purchasing an additional 64,046 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Columbia Sportswear by 2.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 114,611 shares of the textile maker's stock valued at $8,675,000 after purchasing an additional 2,680 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in shares of Columbia Sportswear by 208.3% in the first quarter. Jones Financial Companies Lllp now owns 555 shares of the textile maker's stock valued at $42,000 after purchasing an additional 375 shares during the period. Hedge funds and other institutional investors own 47.76% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on COLM. Stifel Nicolaus decreased their price objective on shares of Columbia Sportswear from $75.00 to $68.00 and set a "buy" rating for the company in a research note on Friday. UBS Group decreased their price objective on shares of Columbia Sportswear from $45.00 to $40.00 and set a "sell" rating for the company in a research note on Friday. Needham & Company LLC began coverage on shares of Columbia Sportswear in a research note on Friday, May 30th. They issued a "hold" rating for the company. Barclays decreased their target price on shares of Columbia Sportswear from $62.00 to $51.00 and set an "equal weight" rating for the company in a research note on Friday. Finally, Citigroup decreased their target price on shares of Columbia Sportswear from $64.00 to $61.00 and set a "neutral" rating for the company in a research note on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, Columbia Sportswear has an average rating of "Hold" and an average price target of $60.80.

Columbia Sportswear Company Profile

Columbia Sportswear Company, together with its subsidiaries, designs, develops, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and Canada. The company provides apparel, accessories, and equipment for hiking, trail running, snow, fishing, hunting, mountaineering, climbing, skiing and snowboarding, trail, and outdoor activities.

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