Earnings Releases·Oct 29, 2026, 4:05 PM ET

Columbia Sportswear Company — Third Quarter 2026 Earnings Summary

Net sales rose 2% year-over-year to $962.6 million in Q3 2026, while operating income surged to $109.6 million (11.4% margin) from $67.4 million in the prior year period, driven by the absence of $29.0 million in impairment charges and IEEPA tariff refunds.
Full-year 2026 net sales guidance was raised to $3.46–$3.50 billion (prior $3.43–$3.50 billion), with diluted EPS guidance increased to $4.65–$4.90 (prior $4.45–$4.90), though operating cash flow guidance was lowered to $230–$250 million due to earlier Spring 2027 inventory production.
Capital return activity included a $0.30 per share quarterly dividend declaration and $200.0 million in share repurchases during the first nine months of 2026, leaving $226.5 million available under the authorization.
Strategic momentum continues with DTC sales growing 5% and the ACCELERATE Growth Strategy gaining traction, despite a 17% decline in Mountain Hardwear sales and a 20 basis point contraction in Q3 gross margin to 49.8%.