Columbia Sportswear Company

Joe Vernachio will become president of the footwear brand SOREL effective June 22, returning to Columbia Sportswear. Vernachio previously led Mountain Hardwear and later served as COO and CEO at Allbirds; he also held leadership roles at The North Face, Nike and other brands. Columbia is described in the text as financially sound with a market capitalization of $3.27 billion. » More on de.investing.com

Columbia posted Q2 net sales of $605 million, up 6% year-over-year, with gross margin expanding to 49.1% and a loss per share of $0.19. International markets (EMEA and LAAP) delivered double-digit growth led by China, Japan and Europe, while U.S. wholesale and DTC softened. Management estimates a $35–$40 million tariff-related hit in 2025 and says it will absorb much of the cost this year while pursuing price, vendor and cost-efficiency mitigations. Full-year net sales are guided to $3.3–$3.4 billion (down ~1% to flat) with Q3 sales expected to decline 1–3% and EPS of $1.00–$1.20, and the company has implemented sustained cost-savings actions exceeding $70 million year-to-date. Inventory composition is described as healthy after earlier-than-planned fall receipts to mitigate tariff risk. » More on finance.yahoo.com

Columbia Sportswear reported Q1 2026 EPS of $0.65 (expectation $0.34) and revenue of $779.0 million (expectation $756.2 million). International markets offset a 10% decline in US sales, while additional US tariffs weighed on results (approximately $80 million paid). The company holds cash of $535.4 million, repurchased 2.5 million shares for $150 million, and raised its full‑year EPS guidance. For Q2 Columbia expects a slight revenue decline of up to -1% and continued operational pressure from tariffs and SG&A effects. » More on de.investing.com