Columbia Sportswear Company reported first quarter 2025 financial results, with net sales increasing 1% (3% constant-currency) to $778.5 million, surpassing its guidance range. Diluted earnings per share were $0.75, compared to $0.71 in the prior year, also exceeding expectations. The company saw healthy growth in nearly all international markets, including double-digit growth in the LAAP region and high-single-digit constant currency growth in EMEA.
Despite the positive first-quarter performance, Columbia Sportswear announced the withdrawal of its full year 2025 financial outlook, which was initially provided on February 4, 2025. This decision was made due to macroeconomic uncertainty stemming from global trade policies, specifically U.S. tariff increases and ambiguous public policy. The company stated it is not providing a full year 2025 financial outlook at this time.
The company's gross margin expanded 30 basis points to 50.9% of net sales, benefiting from lower outbound shipping expenses, higher closeout margins, and favorable Spring 2025 product input costs. Columbia maintained a strong balance sheet with $658.4 million in cash and short-term investments and no bank borrowings. The company also repurchased 1,251,784 shares of common stock for $101.4 million during the quarter.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.