Columbia Sportswear’s Q3 2024 net sales fell 5 per cent to $931.8 million, with a 12.1 per cent operating margin.
Gross margin improved to 50.2 per cent due to lower freight costs.
Net income dropped to $90.2 million, or $1.56 per share.
The company expects 2024 sales to decline 3-5 per cent, with continued focus on innovative products and youth-oriented growth strategies.Columbia Sportswear’s Q3 2024 net sales fell 5 per cent to $931.8 million, with a 12.1 per cent operating margin.
Gross margin improved to 50.2 per cent due to lower freight costs.
Net income dropped to $90.2 million, or $1.56 per share.
The company expects 2024 sales to decline 3-5 per cent, with continued focus on innovative products and youth-oriented growth strategies.
