Columbia Sportswear Company Release Q2’23 Financial Statement
Net sales increased 7 percent (9 percent constant-currency) to $620.9 million, compared to second quarter 2022. Operating income decreased 29 percent to $6.2 million, or 1.0 percent of net sales, compared to second quarter 2022 operating income of $8.8 million, or 1.5 percent of net sales. Diluted earnings per share increased 27 percent to $0.14, compared to second quarter 2022 diluted earnings per share of $0.11. Exited the quarter with $302.8 million of cash, cash equivalents and short-term…