Columbia Sportswear Co. (COLM) Thursday reported first-quarter net income of $10.1 million or $0.29 per share, up from $3.9 million or $0.11 per share in the same period last year.
Net sales for the quarter increased 5 percent to $348.3 million from $333.1 million last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.14 per share on revenues of $334.67 million for the quarter. Analysts' estimates typically exclude special items.
For the full year 2013, the company now expects a slight sales decline compared to 2012. Previously, the company expected sales to be comparable to 2012.
For the second quarter, the company expects net sales to decline about 4 to 6 percent from a year ago period.
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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.