COLM

EX-99.1

2 colmfy26q3exhibit991.htm

EX-99.1

Document

Exhibit 99.1

Columbia Sportswear Company Reports Third Quarter 2026 Financial Results;

Updates Full Year 2026 Financial Outlook

Third Quarter 2026 Highlights

•Net sales increased 2 percent (2 percent constant-currency) to $962.6 million, compared to third quarter 2025.

•Operating income of $109.6 million, or 11.4 percent of net sales, compared to third quarter 2025 operating income of $67.4 million, or 7.1 percent of net sales. Third quarter 2025 operating income included $29.0 million of impairment charges related to prAna and Mountain Hardwear.

•Diluted earnings per share of $1.66, compared to third quarter 2025 diluted earnings per share of $0.95. Third quarter 2025 impairment charges negatively impacted diluted earnings per share by $0.46.

•Exited the quarter with $229.6 million of cash, cash equivalents and short-term investments and no borrowings.

Full Year 2026 Financial Outlook

The following forward-looking statements reflect our expectations as of October 29, 2026 and are subject to significant risks and business uncertainties, including those factors described under “Forward-Looking Statements” below. Additional disclosures and financial outlook details can be found in the Full Year 2026 Financial Outlook section below and the CFO Commentary and Financial Review presentation.

•Net sales of $3.46 to $3.50 billion (prior $3.43 to $3.50 billion), representing net sales growth of 2.0 to 3.0 percent (prior 1.0 to 3.0 percent) compared to 2025.

•Gross margin of 52.1 percent to 52.3 percent (unchanged), including the impact of IEEPA tariff refunds.

•Operating income of $300 to $320 million (prior $290 to $325 million), representing operating margin of 8.7 to 9.1 percent of net sales (prior 8.5 to 9.3 percent).

•Diluted earnings per share of $4.65 to $4.90 (prior $4.45 to $4.90).

PORTLAND, Ore. - October 29, 2026 - Columbia Sportswear Company (NASDAQ: COLM, the “Company”), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced third quarter 2026 financial results for the period ended September 30, 2026.

Chairman and Chief Executive Officer Tim Boyle commented, “We’re pleased to have delivered net sales and EPS growth exceeding our guidance for the third quarter. These results primarily reflected a portion of delayed Fall ’26 wholesale orders shipping earlier-than-expected, improved trends in our U.S. DTC business, and the continued momentum of our international business, despite challenging global macroeconomic conditions.

“Our third quarter performance provides continued tangible signs of progress with our ACCELERATE Growth Strategy. We are particularly encouraged by the momentum building in our Columbia brand U.S. DTC E-Commerce business, which represents the pinnacle expression of our brand.

“While fourth quarter execution will be critical to our full year performance, better-than-expected third quarter performance combined with improving trends in our U.S. business and the shipment of remaining Fall ’26 global wholesale orders gives us the confidence to raise the low end of our full-year revenue and EPS guidance.

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“The operating environment remains challenging and uncertain, and we will continue working to elevate the Columbia brand and improve consumer perceptions in the U.S. That said, we are increasingly confident that the Columbia brand ACCELERATE Growth Strategy is gaining traction and putting us on the right track to return to healthy, sustainable growth over the longer-term. We remain focused on what we can control, and will continue executing our strategy and vision to:

•accelerate profitable growth;

•create iconic products that are differentiated, functional and innovative;

•drive brand engagement with increased, focused demand creation investments;

•enhance consumer experiences by investing in capabilities to delight and retain consumers;

•amplify marketplace excellence that is digitally-led, omni-channel, and global; and

•empower talent that is driven by our core values.”

CFO’s Commentary and Financial Review Presentation Available Online

For a detailed review of the Company’s third quarter 2026 financial results, please refer to the CFO Commentary and Financial Review presentation furnished to the Securities and Exchange Commission (the “SEC”) on a Current Report on Form 8-K and published on the Investor Relations section of the Company’s website at http://investor.columbia.com/financial-results at approximately 4:15 p.m. ET today. Analysts and investors are encouraged to review this commentary prior to participating in our conference call.

ACCELERATE Growth Strategy

ACCELERATE is a growth strategy intended to elevate the Columbia brand to attract younger and more active consumers. It is a multi-year effort centered around several consumer-centric shifts to our brand, product and marketplace strategies, as wel

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