By  on October 23, 2009

Columbia Sportswear Co. saw falloffs in third-quarter profits and revenues, but higher-than-expected U.S. demand helped the firm beat its own expectations, as well as Wall Street’s.

In the three months ended Sept. 30, net income at the Portland, Ore.-based outerwear and sportswear firm fell 19.6 percent to $46.9 million, or $1.38 a diluted share, from $58.3 million, or $1.69 a share, in the 2008 period. Sales slid 4 percent to $434.5 million from $452.4 million.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus