Columbia Sportswear Company Reports Q3’23 & First Nine Months Financial Results
Columbia Sportswear Company’s Third Quarter 2023 Highlights Net sales increased 3 percent (3 percent constant-currency) to $985.7 million, compared to third quarter 2022. Operating income decreased 7 percent to $134.6 million, or 13.7 percent of net sales, compared to third quarter 2022 operating income of $145.3 million, or 15.2 percent of net sales. Exited the quarter with $214.8 million of cash, cash equivalents and short-term investments and no borrowings. Full Year 2023 Financial…