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Columbia Sportswear Company Reports Q4 and FY23 Financial Results & FY24 Outlook

Columbia has announced fourth quarter 2023 financial results for the period ended December 31, 2023. Fourth Quarter 2023 Highlights Net sales decreased 9 percent (10 percent constant-currency) to $1,060.0 million, compared to fourth quarter 2022. Operating income decreased 27 percent to $113.1 million, or 10.7 percent of net sales, compared to fourth quarter 2022 operating income of $155.4 million, or 13.3 percent of net sales. Fourth quarter 2023 operating income includes a $25.0 million…