Columbia(COLM) - 2024 Q1 - Quarterly Results
COLMColumbia(COLM)2024-04-26 04:05

Exhibit 99.1 Columbia Sportswear Company Reports First Quarter 2024 Financial Results; Updates Full Year 2024 Financial Outlook First Quarter 2024 Highlights • Net sales decreased 6 percent to 770.0million,comparedtofirstquarter2023.Operatingincomedecreased21percentto770.0 million, compared to first quarter 2023. • Operating income decreased 21 percent to 44.7 million, or 5.8 percent of net sales, compared to first quarter 2023 operating income of 56.4million,or6.9percentofnetsales.Dilutedearningspersharedecreased4percentto56.4 million, or 6.9 percent of net sales. • Diluted earnings per share decreased 4 percent to 0.71, compared to first quarter 2023 ...