Net Sales and Profitability Beat Guidance
Net sales roughly flat YoY at $779 million while diluted EPS came in above quarterly guidance; outperformance driven by early spring 2026 wholesale shipments, stronger-than-expected demand in Europe and disciplined expense management.
Strong International Growth
International (over 40% of sales) grew ~16% YoY; EMEA net sales up low-20% (Europe direct +high-teens, EMEA distributor +low-30%), Korea up high-single-digits, China mid-single-digits, LAAP +3% and LAAP distributor low-double-digits.
Order Book Momentum and ACCELERATE Strategy Traction
Fall '26 order book strengthened, supporting management's expectation of mid-single-digit percent wholesale growth in H2; U.S. order book improved to low- to mid-single-digit growth, with double-digit growth in women's and footwear and >100% order increases for Amaze and ROC lines.
Marketing & Brand Visibility Wins
High-impact activations: Winter Olympics exposure (billions of views) and 25M views of Columbia curling jerseys; Engineered for Whatever campaign won a Gold Clio and Expedition Impossible generated >10M organic views; Santa Clara/tailgate activation generated >9M social views and hundreds of news articles.
Product Momentum — PFG and Footwear
PFG momentum: Bahama shirt expected to grow by double-digit percent for spring '26; Dry Tortuga Boot sales more than tripled in Q1; titanium and Omni-Heat Arctic technologies seeing double-digit growth and MTR fleece scaling.
Financial Position and Shareholder Returns
Returned $150 million in Q1 share repurchases (2.5M shares retired); fortress balance sheet with $535 million cash and short-term investments and no debt; inventories healthy in dollars (flat YoY).