Columbia Sportswear posts Q3 2026 earnings beat and lifts full‑year sales and EPS outlook

Columbia Sportswear reported third‑quarter 2026 net sales of $962.6 million, up 2 percent year‑over‑year (2 percent constant‑currency). Diluted earnings per share were $1.66 on a GAAP basis, beating analysts’ expectations. The company raised its full‑year 2026 guidance to $3.46‑$3.50 billion of net sales and $4.65‑$4.90 of EPS, and forecast Q4 sales growth of 3.5‑7 percent with EPS of $1.85‑$2.10. Management credited earlier‑than‑expected wholesale shipments and strong direct‑to‑consumer growth, especially internationally.

The higher guidance suggests stronger profitability than previously expected, which could support the stock price. Analysts noted the beat and the raised outlook as positive signals for investors.

  • 1Net sales increased 2 percent year‑over‑year (2 percent constant‑currency) to $962.6 million.
  • 2Diluted GAAP EPS was $1.66, exceeding analyst expectations.
  • 3Operating margin was 11.4 percent of net sales (reported basis).
  • 4Full‑year 2026 net sales guidance was raised to $3.46‑$3.50 billion (reported basis).
  • 5Full‑year 2026 EPS guidance was raised to $4.65‑$4.90 per share (reported basis).
  • 6Q4 2026 sales growth is forecast at 3.5‑7 percent and EPS at $1.85‑$2.10 (company outlook).
  • Material 1 lists diluted EPS of $0.46 for Q3, while materials 4, 5, 6, 7, 8, 9, 10 report GAAP EPS of $1.66; the discrepancy reflects different bases (pre‑impairment vs post‑impairment) and is not resolved.

Sources