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COLM - Columbia Sportswear GAAP EPS of $1.03 beats by $0.17 revenue of $761.5M misses by $1.38M
Columbia Sportswear Company
Columbia Sportswear press release (NASDAQ:COLM): Q1 GAAP EPS of $1.03 beats by $0.17. Revenue of $761.5M (+21.7% Y/Y) misses by $1.38M. Outlook: Net sales of $3.63 to $3.69 billion (unchanged) representing net sales growth of 16 to 18 percent (unchanged) compared to 2021. Diluted earnings per share of $5.70 to $6.00 (prior $5.50 to $5.80). The Board of Directors approved a $500 million increase to the Company's share repurchase authorization.