NEW YORK — Columbia Sportswear Co. reported hefty fourth-quarter profit gains as strong overseas sales helped offset lower U.S. revenues.
For the three months ended Dec. 31, the Portland, Ore.-based outerwear and footwear manufacturer boasted that net income grew by more than a fifth, or 20.4 percent, to $29.1 million, or 63 cents a diluted share. In the year-ago quarter, the company recorded earnings of $24.2 million, or 61 cents. Earnings per share shattered the Wall Street estimate by 9 cents.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"