Columbia Sportswear Company Reports 22% Net Sales Increase in Q1 2022
First Quarter 2022 Highlights: Net sales increased 22 percent to a record $761.5 million, compared to first quarter 2021. Operating income increased 19 percent to $83.7 million, or 11.0 percent of net sales, compared to first quarter 2021 operating income of $70.5 million, or 11.3 percent of net sales. On April 22, 2022, the Board of Directors approved a $500 million increase to the Company’s share repurchase authorization. Full Year 2022 Financial Outlook Net sales of $3.63 to $3.69…