Columbia Sportswear (COLM)
NASDAQ:COLM
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Columbia Sportswear
(NASDAQ:COLM)
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Rating:70Outperform
Price Target:
$67.00
▲(10.22% Upside)
Action:Upgraded
Date:05/01/26
The score is driven primarily by steady financial stability (strong balance sheet) but tempered by muted growth and notable margin compression. Technicals are supportive with a clear uptrend and neutral momentum indicators, while valuation is reasonable (P/E ~17 with ~2% yield). Earnings guidance and international/order-book momentum are constructive, but tariffs, U.S. softness, and near-term profitability volatility keep the overall score in the low-70 range.
Positive Factors
Balance Sheet Strength
A low debt-to-equity ratio (~0.30) and improving leverage provide durable financial flexibility to absorb shocks, fund inventory cadence, and support strategic actions (buybacks, dividends, capex). This reduces refinancing risk and preserves optionality amid cyclical apparel demand.
Negative Factors
Margin Compression
Sustained decline in net margin reflects weaker operating leverage and higher SG&A relative to sales. Unless structural cost reform or stronger top-line growth returns, margins may remain constrained, limiting EPS upside and reducing reinvestment capacity over multiple quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance Sheet Strength
A low debt-to-equity ratio (~0.30) and improving leverage provide durable financial flexibility to absorb shocks, fund inventory cadence, and support strategic actions (buybacks, dividends, capex). This reduces refinancing risk and preserves optionality amid cyclical apparel demand.
Read all positive factors
Columbia Sportswear Key Performance Indicators (KPIs)
Columbia Sportswear (COLM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.40B
Dividend Yield2.18%
Average Volume (3M)595.53K
Price to Earnings (P/E)21.1
Beta (1Y)0.60
Revenue Growth0.54%
EPS Growth-19.72%
CountryUS
Employees9,780
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)3.15
Shares Outstanding51,140,793
10 Day Avg. Volume528,339
30 Day Avg. Volume595,534
Financial Highlights & Ratios
PEG Ratio-1.10
Price to Book (P/B)1.76
Price to Sales (P/S)0.89
P/FCF Ratio13.90
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue1.07
Enterprise Value/Gross Profit2.12
Enterprise Value/Ebitda13.92
Forecast
1Y Price Target
$66.40Price Target Upside9.23% Upside
Rating ConsensusHold
Number of Analyst Covering6
EPS Forecast (FY)3.8
Revenue Forecast (FY)$3.47B
Columbia Sportswear Business Overview & Revenue Model
Company Description
Columbia Sportswear Company, together with its subsidiaries, designs, sources, markets, and distributes outdoor, active, and everyday lifestyle apparel, footwear, accessories, and equipment in the United States, Latin America, the Asia Pacific, Eu...
How the Company Makes Money
Columbia Sportswear makes money primarily by selling branded apparel, footwear, accessories, and equipment across multiple distribution channels. Its key revenue streams come from (1) wholesale sales to third-party retailers and distributors (e.g....
Columbia Sportswear Earnings Call Summary
Earnings Call Date:Apr 30, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The call reflected a broadly constructive tone: strong international growth, product and marketing momentum, a healthier fall order book and meaningful share repurchases underpin confidence in the ACCELERATE strategy, while notable headwinds—most prominently tariffs, U.S. sales softness, inventory/unit declines and geopolitical risks—create near-term margin and demand uncertainty. Management maintained full-year guidance (net sales +1% to +3%) and raised operating margin guidance, signaling confidence despite the risks.Positive Updates
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.
Negative Updates
U.S. Sales Weakness
U.S. net sales declined 10% YoY (U.S. wholesale down low-teens, U.S. DTC down high-single-digits); brick-and-mortar down mid-single-digits and e-commerce down low-teens, driven by constrained supply of winter product and reduced clearance activity.
Read all updates
Q1-2026 Updates
Positive
Negative
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.
Read all positive updates
Company Guidance
Columbia reiterated full‑year 2026 guidance of net sales growth of 1%–3%, gross margin of 50.3%–50.5% (implying down ~20 bps to flat versus prior year), SG&A of 43.6%–44.2% of sales, an operating margin of 6.7%–7.5% and diluted EPS of $3.55–$4. For Q2 (seasonally the weakest quarter) the company expects sales down 1% to up 1% year‑over‑year and a loss per share of $0.46–$0.37; management also expects mid‑single‑digit wholesale growth in H2 supported by a fall ’26 order book trending mid‑single‑digits globally (U.S. wholesale now expected low‑ to mid‑single‑digit, with double‑digit growth in women’s and footwear). Management warned of an approximate 200‑basis‑point unmitigated tariff headwind to full‑year gross margin (vs. ~300 bps previously), noted $80M of IEEPA tariffs paid (≈$55M recognized in cost of sales, remainder in inventory) with refund claims filed but not assumed in the outlook, and called out additional uncertainty from the Middle East conflict and commodity/input cost pressure.Columbia Sportswear Financial Statement Overview
Summary
Income Statement
67
Positive
Balance Sheet
76
Positive
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.40B | 3.40B | 3.37B | 3.49B | 3.46B | 3.13B |
| Gross Profit | 1.71B | 1.71B | 1.69B | 1.73B | 1.71B | 1.61B |
| EBITDA | 260.10M | 260.94M | 326.69M | 393.35M | 546.90M | 566.08M |
| Net Income | 169.28M | 177.22M | 223.27M | 251.40M | 311.44M | 354.11M |
Balance Sheet | ||||||
| Total Assets | 2.56B | 2.93B | 2.98B | 2.94B | 3.05B | 3.17B |
| Cash, Cash Equivalents and Short-Term Investments | 535.35M | 790.79M | 815.48M | 764.50M | 430.96M | 894.55M |
| Total Debt | 472.57M | 866.88M | 449.19M | 407.86M | 379.31M | 385.10M |
| Total Liabilities | 981.62M | 1.22B | 1.20B | 1.00B | 1.12B | 1.18B |
| Stockholders Equity | 1.58B | 1.71B | 1.78B | 1.94B | 1.94B | 1.99B |
Cash Flow | ||||||
| Free Cash Flow | 174.35M | 216.74M | 431.24M | 581.69M | -83.71M | 319.66M |
| Operating Cash Flow | 237.40M | 282.90M | 491.04M | 636.30M | -25.24M | 354.41M |
| Investing Cash Flow | 65.28M | -120.72M | 87.33M | -461.82M | 72.74M | -163.75M |
| Financing Cash Flow | -318.11M | -267.12M | -386.24M | -254.79M | -360.83M | -210.89M |
Columbia Sportswear Technical Analysis
Positive
60.79
Price Trends
58.88
Positive
58.20
Positive
55.57
Positive
Market Momentum
1.59
Negative
70.90
Negative
92.34
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For COLM, the sentiment is Positive. The current price of 60.79 is below the 20-day moving average (MA) of 61.15, above the 50-day MA of 58.88, and above the 200-day MA of 55.57, indicating a bullish trend. The MACD of 1.59 indicates Negative momentum. The RSI at 70.90 is Negative, neither overbought nor oversold. The STOCH value of 92.34 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for COLM.
Columbia Sportswear Risk Analysis
Columbia Sportswear disclosed 32 risk factors in its most recent earnings report. Columbia Sportswear reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Columbia Sportswear Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $8.99B | 14.94 | 28.33% | 2.58% | 2.61% | 30.39% | |
70 Outperform | $3.40B | 21.07 | 10.26% | 2.18% | 0.54% | -19.72% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | $6.82B | 27.53 | 15.92% | 1.95% | -0.72% | ― | |
44 Neutral | $2.44B | -5.02 | -30.13% | ― | -3.39% | -152.87% | |
43 Neutral | $2.44B | -5.02 | -30.13% | ― | -3.39% | -152.87% |
* Consumer Cyclical Sector Average
COLM
Columbia Sportswear
67.79
5.38
8.62%
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LEVI
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Columbia Sportswear Corporate Events
Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Columbia Sportswear Posts Flat Q1 2026 Results, Raises Outlook
Neutral
Apr 30, 2026
In its April 30, 2026 release, Columbia Sportswear reported first-quarter 2026 results showing essentially flat net sales of $779 million, a 20-basis-point gross margin contraction to 50.7%, and a 10% decline in operating income to $42 million, wi...
Business Operations and StrategyPrivate Placements and Financing
Columbia Sportswear Secures New $500 Million Credit Facility
Positive
Mar 20, 2026
On March 19, 2026, Columbia Sportswear Company entered into a new unsecured revolving credit facility of up to $500 million in U.S. dollars with JPMorgan Chase Bank and other lenders, maturing March 19, 2031, to fund working capital and general co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.