Columbia Sportswear Company (NYSE: COLM) has announced an increase in its fourth-quarter earnings compared to the previous year. The company reported a net income of $102.56 million, or $1.80 per share, up from $93.34 million, or $1.55 per share, recorded in the same quarter last year.
For the period, Columbia Sportswear's revenue saw a 3.5% growth, rising to $1.096 billion from $1.059 billion in the prior year.
Here is a summary of Columbia Sportswear Company's earnings according to generally accepted accounting principles (GAAP):
- Net Income: $102.56 million, compared to $93.34 million last year.
- Earnings Per Share (EPS): $1.80, compared to $1.55 last year.
- Revenue: $1.096 billion, compared to $1.059 billion last year.
**Outlook**:
- For the upcoming quarter, the company forecasts EPS in the range of $0.62 to $0.70.
- Anticipated revenue for the next quarter is projected between $749 million and $764 million.
