Columbia Sportswear Q3 revenue beats, helped by international growth

Overview

• US outdoor apparel maker's Q3 revenue rose 2% yr/yr, beating analyst expectations

• Q3 diluted EPS rose to $1.66 from $0.95 a year earlier

• Company cites earlier wholesale shipments and improved U.S. DTC trends for Q3 performance

Outlook

• Columbia Sportswear raises 2026 net sales outlook to $3.46-$3.50 bln from $3.43-$3.50 bln

• Company expects 2026 diluted EPS of $4.65-$4.90, up from prior $4.45-$4.90 guidance

• Company says operating environment remains challenging and uncertain

Result Drivers

• EARLY WHOLESALE SHIPMENTS - Co said earlier-than-expected shipments of delayed Fall 2026 wholesale orders contributed to Q3 results

• INTERNATIONAL GROWTH - Co said sales growth in most international markets helped offset lower U.S. net sales

• US DTC MOMENTUM - Co said improved trends in U.S. direct-to-consumer business, especially e-commerce, supported Q3 performance

Company press release:

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the apparel & accessories peer group is "buy."

• Wall Street's median 12-month price target for Columbia Sportswear Company is $67.66, about 11.1% above its October 28 closing price of $60.90

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)