• Loading stock data...
Wednesday, July 9, 2025

Columbia Posts Record $762M Quarter

  • The active and outdoor apparel retailer generated $762 million in revenue in Q1 2022.
  • Despite the results, the company saw its stock fall 6% following its latest earnings report.
Shutterstock

Columbia Sportswear Company announced record revenue in Q1 2022, but saw its stock take a dip in the company’s latest earnings report. 

The sportswear and outdoor apparel retailer generated $762 million in revenue in Q1 2022, a 22% increase compared to the same period a year prior. Columbia attributed the record results to growth across all of its brands, led by Sorel footwear, which grew 37% compared to Q1 2021. 

  • Columbia projects to pocket between $3.6 billion and $3.7 billion in revenue in FY2022.
  • In 2022, operating income is expected to range between $477 million and $502 million. 

Despite the strong Q1 results, shares of Columbia were down 6% on Friday as the company reported that its cash, cash equivalents, and short-term investments reached $610 million as of March 31, 2022, compared to $875 million last year.

Columbia also expects supply chain and inflationary challenges, as well as a shutdown of distribution in Russia, to hinder the company’s outlook for the rest of the fiscal year. 

The Oregon-based company repurchased $217 million in shares in Q1 2022, and its board of directors recently approved a $500 million increase to the company’s buyback authorization. 

Lowered Expectations

In December 2021, investment bank and market analyst Stifel downgraded Columbia. Analyst Jim Duffy lowered the brand from “buy” to “hold” due to concerns that a combination of unexpected warm weather and late-season snowfalls could impact the company’s sales.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

College Sports Revenue-Sharing Underway As More Changes Loom

July 1 marks the first day schools can directly pay players.
July 9, 2009; Auburn Hills, MI, USA; Detroit Pistons president Joe Dumars during the press conference to introduce their new head coach John Kuester at their practice facility.

Joe Dumars Leaving NBA League Office to Run Pelicans

Joe Dumars was the architect of the 2004 champion Pistons.
Mar 20, 2025; Providence, RI, USA; Arkansas Razorbacks forward Karter Knox (11) controls the ball against Kansas Jayhawks during the first half at Amica Mutual Pavilion.

Men’s March Madness Sets Opening-Day Viewership Record

CBS Sports and TNT Sports scored big with Arkansas–Kansas.

Featured Today

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
July 5, 2025

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
A Lululemon store at Freehold Raceway Mall in Freehold Township, New Jersey on Nov. 30, 2023

Sportswear Stocks Rise as Trump Touts Vietnam Trade Deal

Tariffs on Vietnam imports will be 20%, down from a prior threat of 46%.
Jun 20, 2024; Eugene, OR, USA; Detailed view of Nike Alphafly 3 racing flat at the Nike by Eugene store.
June 25, 2025

Investors Hunt for Signs Nike Has Regained Its Footing

Nike’s fundamentals are “still challenged.”
From vintage to unique collaborations, various Nike and Jordan shoes are displayed on a wall at Saved Soles inside West Ridge Mall.
June 26, 2025

Nike Stumbles Less Than Expected, Giving Wall Street Hope

The sports apparel and footwear giant beats Wall Street expectations.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
Jun 15, 2025; Oakmont, Pennsylvania, USA; JJ Spaun putts on the 18th green to win during the final round of the U.S. Open golf tournament.
June 16, 2025

‘Pandemonium’: Putter Maker Sees Sales Surge After JJ Spaun’s U.S. Open Win

The company behind Spaun’s putter is already in talks with his people.
June 13, 2025

U.S. Open Merch Pops Thanks to Oakmont’s Squirrel, Viral TikToks

There are more than 400,000 pieces of merchandise available at Oakmont.
Tom's Watch Bar
June 12, 2025

How the Pacers and Caitlin Clark Boosted One Bar’s Bottom Line

Tom’s Watch Bar hosted John Haliburton for at least five games.
June 12, 2025

U.S. Open Cashing In on Signature Cocktail Trend With Lemon Wedge

Last year, the whiskey cocktail was served more than 50,000 times.