Loading...
•
Mar 31, 2020
Columbia Q1 2020 Earnings Report
Columbia's financial performance was impacted by lower consumer demand due to the COVID-19 pandemic.
Key Takeaways
Columbia Sportswear Company reported a decrease in net sales by 13% to $568.2 million, and a loss from operations of $(2.0) million for the first quarter of 2020. This downturn is primarily attributed to the impacts of the COVID-19 pandemic.
Net sales decreased 13 percent to $568.2 million.
Loss from operations was $(2.0) million, or (0.3) percent of net sales.
Diluted earnings per share was break even.
Company focused on financial liquidity enhancements, cost containment measures and capital preservation actions including suspending dividends and share repurchases.
Columbia
Columbia
Columbia Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comLatin America and Asia Pacific Revenue
CapyFin.comEurope, Middle East and Africa Revenue
CapyFin.comCanada Revenue
CapyFin.com Forward Guidance
The company has taken steps to enhance liquidity, preserve capital, contain costs and manage inventory to mitigate the financial impact of the pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income