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Stock impact report

Columbia Sportswear Company Reports Fourth Quarter, Full Year 2017 Financial Results and 2018 Financial Outlook

Columbia Sportswear Company (COLM) 
Last columbia sportswear company earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.columbia.com
Company Research Source: Business Wire
PORTLAND, Ore.--(BUSINESS WIRE)-- Columbia Sportswear Company (NASDAQ:COLM): Fourth Quarter 2017 Financial Summary Record net sales of $776.0 million, an 8 percent increase compared to the fourth quarter of 2016. Record gross margin of 47.9 percent, compared to 47.1 percent in the prior year. Fourth quarter 2017 non-GAAP financial measures exclude Project CONNECT program expenses and discrete costs of approximately $6.3 million, $3.9 million net of tax, or $0.05 per diluted share, and Tax Cuts and Jobs Act (TCJA) related income tax expense of $95.6 million, or $1.36 per diluted share. Record operating income of $109.4 million, and non-GAAP operating income of $115.6 million, compared to $100.4 million in the prior year quarter. Operating margin of 14.1 percent, and non-GAAP operating margin of 14.9 percent Show less Read more
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