The earnings call reflected a mix of positive and negative elements. While strong international growth and effective inventory management were highlighted, the decline in overall net sales and challenges in the U.S. market tempered optimism.
Company Guidance
During the Columbia Sportswear Fourth Quarter 2024 Financial Results Conference Call, the company provided guidance for the fiscal year 2025. They anticipate modest net sales growth of 1% to 3%, with a 140 basis point headwind due to foreign currency fluctuations. The company expects gross margin to expand by 80 basis points to approximately 51%, driven by improved inventory positions and favorable input costs. However, SG&A expenses are projected to increase, partly due to demand creation investments, resulting in an operating margin outlook of 7.7% to 8.3%. Columbia Sportswear plans to increase its targeted demand creation spend to 6.5% of sales, up from 5.9% in 2024, to support its refreshed marketing strategy and brand activation efforts. The company also aims to achieve $125 million to $150 million in annual cost savings by 2026 through its Profit Improvement Program.
International Growth
Strong performance in international markets with China net sales increasing by mid-teens percent and over 20% for the year in constant currency. Europe, Middle East, and Africa region net sales increased by 21%.
Inventory and Cost Management
Inventories were down 7%, and the Profit Improvement Program delivered $90 million in cost savings. Columbia exited the year with $815 million in cash and equivalents and no debt.
Fourth Quarter Performance
Fourth quarter net sales increased 3% year-over-year to $1.1 billion, with a gross margin expansion of 50 basis points to 51.1%.
Accelerate Growth Strategy
Introduction of the ACCELERATE Growth Strategy aimed at elevating the brand and attracting younger consumers.
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Columbia Sportswear (COLM) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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COLM Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 04, 2025
$85.86
$80.97
-5.70%
Oct 30, 2024
$75.93
$80.18
+5.60%
Jul 25, 2024
$76.65
$75.81
-1.10%
Apr 25, 2024
$78.15
$79.13
+1.25%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Columbia Sportswear Company (COLM) report earnings?
Columbia Sportswear Company (COLM) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Columbia Sportswear Company (COLM) earnings time?
Columbia Sportswear Company (COLM) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.