COLM Q3 deep dive: growth in international markets and DTC channel drive outperformance

Columbia Sportswear raised its FY26 net sales outlook to $3.46bn-$3.50bn and EPS to $4.65-$4.90, citing Q3 growth. Q3 sales rose 2% to $962.6m, with international and DTC channels offsetting US wholesale declines. Gross margin slipped 20 bps to 49.8%, but operating income increased. The company attributes growth to its ACCELERATE strategy.

Columbia (COLM) reported Q3 2026 earnings that exceeded guidance, with revenue growth driven by early wholesale orders and improved U.S. trends. Operating margins also surpassed expectations due to higher full-price sales and lower SG&A expenses. International sales grew 9%, while U.S. sales declined 1% due to supply chain delays. E-commerce sales showed strong growth, particularly for the Columbia brand, with reduced promotions.

Columbia Sportswear reported Q3 earnings of $1.66 per share, up from $0.90 a year ago. Net sales rose 12% to $1.05 billion. The company raised its 2026 guidance and issued forecasts for Q4 and H1 2027. According to the company, growth was driven by strong demand in outdoor and lifestyle categories.

Columbia Sportswear (COLM) forecasts Q4 2026 sales growth of 3.5% to 7% and EPS between $1.85 and $2.10, according to the company.

Columbia Sportswear reported Q3 sales growth of 3% for its Columbia brand, with footwear and women's products driving momentum. Gross margin expanded 30 basis points, excluding a 50-basis-point headwind. Inventory rose 11% due to delayed fall receipts. The company forecasts Q4 sales growth of 3.5% to 7% and raised its full-year outlook to 2% to 3% sales growth and EPS of $4.65 to $4.90.

Columbia Sportswear (COLM) reported Q3 2026 earnings that beat expectations, with revenue of $963M (up 2%) and EPS of $1.66 (up 75%). The company raised its full-year guidance, citing strong DTC growth and international sales. Shares rose 4.6% to $63.69. Operating margin expanded to 11.4%, driven by cost savings and tariff refunds.