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Dec 31, 2024
Columbia Q4 2024 Earnings Report
Reported a 3% increase in net sales and a 21% increase in operating income compared to Q4 2023.
Key Takeaways
Columbia Sportswear Company reported a 3% increase in net sales to $1,096.6 million and a 21% increase in operating income to $137.3 million for the fourth quarter of 2024. Diluted earnings per share increased by 16% to $1.80. The company's balance sheet remains strong with $815.5 million in cash and short-term investments and no borrowings.
Net sales increased 3% to $1,096.6 million.
Operating income increased 21% to $137.3 million.
Diluted earnings per share increased 16% to $1.80.
Ended the quarter with $815.5 million in cash and short-term investments and no borrowings.
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 expects net sales to increase 1.0 to 3.0 percent, resulting in net sales of $3.40 to $3.47 billion. Diluted earnings per share is expected to be $3.80 to $4.15.
Positive Outlook
- Net sales are expected to increase 1.0 to 3.0 percent.
- Gross margin is expected to expand to approximately 51 percent of net sales.
- Operating margin is expected to be 7.7 to 8.3 percent.
- Effective income tax rate is expected to be 24.0 to 25.0 percent.
- Diluted earnings per share is expected to be $3.80 to $4.15.
Challenges Ahead
- SG&A expenses, as a percent of net sales, are expected to be 43.4 to 44.1 percent.
- First Quarter 2025 net sales are expected to decline of 3 to 1 percent.
- First Quarter 2025 diluted earnings per share is expected to be lower compared to previous year.
- Unfavorable economic conditions generally
- Intense competition in the industry
Revenue & Expenses
Visualization of income flow from segment revenue to net income