Columbia Sportswear (COLM) announced after the bell Wednesday that it now expects to report fourth quarter net sales of about $499.0 million to $503.0 million, a decline of about 5% compared with fourth quarter 2011 net sales of $526.1 million. Previous guidance was for net sales growth of up to 1.5%.
Fourth quarter net income of $37.0 million to $40.0 million, compared to its prior outlook of about $44.0 million.
Columbia Sportswear gapped open sharply lower Thursday, but recovered ground as the trading session progressed. Shares finished down by 1.36 at $50.80 on the highest volume of the year. The stock fell to a 4-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.