By  on February 9, 2009

Columbia Sportswear Co. posted double-digit declines in both fourth-quarter and full-year profits.

For the three months ended Dec. 31, profits were down 59.4 percent to $18.6 million, or 55 cents a diluted share, from $45.7 million, or $1.26, in the year-ago period. The results include a $24.7 million pretax, noncash charge, or 46 cents a share after tax, for the writedown of intangible assets in connection with the 2006 purchase of the Pacific Trail and Montrail brands.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus