Columbia Sportswear (COLM) Tops Q3 EPS by 6c, Offers Guidance

Columbia Sportswear (NASDAQ: COLM) reported Q3 EPS of $0.93, $0.06 better than the analyst estimate of $0.87. Revenue for the quarter came in at $675.3 million versus the consensus estimate of $632.6 million.

Columbia Sportswear sees FY2014 EPS of $1.80, versus the consensus of $1.74. Columbia Sportswear sees FY2014 revenue of $2.06 billion, versus the consensus of $2.02 billion.

"Preliminary FY2015 Financial Indications

We currently expect 2015 net sales to grow at a double-digit rate compared with our current 2014 net sales outlook of approximately $2.06 billion, and are planning the business to realize further improvement toward our long-term goal of returning to a mid-teen operating margin."

For earnings history and earnings-related data on Columbia Sportswear (COLM) click here.

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