Columbia Sportswear (COLM) Tops Q2 EPS by 4c, FY EPS Guidance Falls Short of Views
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Columbia Sportswear Company Reports Second Quarter and First Half Financial Results; Updates Full Year 2017 Financial Outlook
July 27, 2017 4:05 PM EDTSecond Quarter and First Half 2017 Highlights:
Second quarter net sales increased 3 percent to a second-quarter record $398.9 million. Second quarter net loss totaled $11.5 million, or $(0.17) per share. First half net sales increased 3 percent to a first half record $942.7 million. First half net income increased 4 percent to $24.5 million, or $0.35 per diluted share. Cash and short term investments totaled $622.2 million at June 30, 2017. The board of directors approved a regular quarterly dividend of $0.18 per share.Updated Fiscal Year 2017 Financial... More
