NASDAQ$COLM

Columbia Sportswear Company · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Reported a 3% increase in net sales and a 21% increase in operating income compared to Q4 2023.

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.

Headline financials

Total Revenue

$1.1B

Previous: $1.06B+3.5%
EPS (adj)

$1.80

Previous: $1.86-3.2%
Gross Margin

51.1%

Previous: 50.6%+1.0%
SG&A Expenses

$431M

No prior period
Effective Income Tax Rate

26.7%

No prior period
Operating Margin

12.5%

No prior period
Net Licensing Income

$7.42M

No prior period
Wholesale Revenue

$460M

No prior period
DTC Revenue

$637M

No prior period
Capital Expenditures

-$18.1M

Previous: -$13.3M-36.3%
Net Income

$103M

Previous: $93.3M+9.9%
Operating Income

$137M

Previous: $113M+21.4%
Gross Profit

$561M

Previous: $536M+4.5%

Revenue & EPS history

Columbia · Revenue · Quarterly

$1.1B

Q4 2024+3.5%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

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.

Tailwinds

  • 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.

Headwinds

  • 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

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.1%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+0.6%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+22.8%

Q4 2014

Best reaction

-20.4%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.4%+4.2%+8.7%
Q4 2025+14.4%+9.5%+1.6%
Q3 2025-2.1%+1.7%+4.3%
Q1 2025-4.3%+3.8%+2.4%
Q4 2024-5.7%-9.2%-1.9%
Q3 2024+5.7%+7.4%+14.6%
Q2 2024-2.4%+3.8%+7.0%
Q1 2024+0.3%-0.2%+5.3%
Q4 2023+2.6%-2.1%+2.4%
Q3 2023+1.6%+5.1%+7.4%
Q2 2023-5.5%-4.1%-6.7%
Q1 2023-3.0%-5.7%-13.3%
Q4 2022-4.0%-6.2%-7.6%
Q3 2022+2.0%-1.1%+17.9%
Q2 2022+1.7%+1.7%+1.2%
Q1 2022-5.1%-5.2%-10.7%
Q4 2021+1.1%+5.4%-3.2%
Q3 2021+4.2%+1.7%+0.5%
Q2 2021+2.4%+3.5%+4.4%
Q1 2021-3.3%-3.9%-8.8%
Q4 2020+19.9%+14.2%+13.5%
Q3 2020-20.4%-15.5%-9.7%
Q2 2020-8.1%-10.7%+6.2%
Q1 2020-10.1%-12.3%-1.9%
Q4 2019-4.7%-4.7%-17.0%
Q3 2019-4.0%-3.6%-1.8%
Q2 2019-1.2%+2.1%-11.5%
Q1 2019-3.6%-4.8%-7.5%
Q4 2018+14.4%+12.6%+8.1%
Q3 2018-0.7%+6.8%+4.2%
Q2 2018-8.1%-6.4%-2.6%
Q1 2018+4.7%+2.6%+8.5%
Q4 2017+1.8%-0.9%+5.1%
Q3 2017+3.4%-1.0%+8.5%
Q2 2017+7.3%+3.6%-1.1%
Q1 2017-4.7%-4.2%-9.2%
Q4 2016+11.2%+8.5%+3.2%
Q3 2016+0.7%-2.8%+5.0%
Q2 2016-3.5%-7.8%-3.9%
Q1 2016-4.9%
Q4 2015+16.7%
Q3 2015+3.9%
Q2 2015+16.5%
Q1 2015-8.7%
Q4 2014+22.8%
Q3 2014+3.3%
Q2 2014-7.9%
Q1 2014+7.9%
Q4 2013+9.3%
Q3 2013+10.4%
Q2 2013+3.3%
Q1 2013+0.0%
Q4 2012+4.1%
Q3 2012+4.4%
Q2 2012+2.2%
Q1 2011+1.3%
Q1 2012+5.3%
Q4 2009-0.2%
Q4 2011-0.2%
Q3 2011-1.5%
Q3 2010-1.5%
Q2 2010-3.8%
Q4 2010-3.8%
Q2 2011-3.8%
Q1 2010+1.5%

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