Columbia Sportswear (NASDAQ:COLM) Releases FY 2026 Earnings Guidance

Columbia Sportswear (NASDAQ:COLM) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 4.450-4.900 for the period, compared to the consensus earnings per share estimate of 3.850. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion. Columbia Sportswear also updated its Q3 2026 guidance to 1.150-1.350 EPS.

Columbia Sportswear Trading Down 1.2%

Columbia Sportswear stock traded down $0.77 on Thursday, reaching $62.79. 854,365 shares of the stock were exchanged, compared to its average volume of 484,970. Columbia Sportswear has a twelve month low of $47.47 and a twelve month high of $69.06. The firm has a fifty day moving average price of $64.27 and a two-hundred day moving average price of $60.42. The stock has a market cap of $3.21 billion, a PE ratio of 20.00 and a beta of 0.94.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.93. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.The business had revenue of $614.36 million for the quarter, compared to analyst estimates of $606.97 million. During the same period in the previous year, the company posted ($0.19) earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. Equities analysts anticipate that Columbia Sportswear will post 3.86 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on COLM. UBS Group reaffirmed a “sell” rating and issued a $47.00 price target (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. BTIG Research raised their price objective on shares of Columbia Sportswear from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Zacks Research lowered shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Citigroup reiterated a “neutral” rating and set a $68.00 target price (up from $67.00) on shares of Columbia Sportswear in a research note on Wednesday, July 22nd. Finally, Weiss Ratings raised shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, July 10th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Columbia Sportswear currently has a consensus rating of “Hold” and a consensus target price of $62.83.

Insider Buying and Selling at Columbia Sportswear

In other news, Director Ronald E. Nelson sold 4,080 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $67.78, for a total transaction of $276,542.40. Following the sale, the director directly owned 22,789 shares in the company, valued at approximately $1,544,638.42. The trade was a 15.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sabrina Simmons sold 1,329 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $61.24, for a total value of $81,387.96. Following the completion of the transaction, the director owned 8,260 shares of the company’s stock, valued at $505,842.40. The trade was a 13.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 9,559 shares of company stock valued at $639,923 in the last quarter. Corporate insiders own 51.90% of the company’s stock.

More Columbia Sportswear News

Here are the key news stories impacting Columbia Sportswear this week:

• Positive Sentiment: Strong second-quarter results: Columbia Sportswear reported adjusted earnings of $0.52 per share, well above the consensus estimate for a $0.41 loss, while revenue of $614.36 million exceeded estimates of $606.97 million. Sales increased 1.5% year over year. Columbia Sportswear quarterly earnings report
• Positive Sentiment: Higher full-year earnings outlook: Management raised fiscal 2026 EPS guidance to $4.45-$4.90, above the analyst consensus of $3.85. Reports attributed the improved profit outlook in part to a tariff-driven surge in profitability. Columbia Sportswear boosts outlook after tariff-driven profit surge
• Neutral Sentiment: Full-year revenue outlook remains broadly in line: Columbia Sportswear expects fiscal 2026 revenue of approximately $3.4 billion to $3.5 billion, compared with the $3.5 billion analyst estimate. Columbia Sportswear second-quarter 2026 results
• Negative Sentiment: Disappointing third-quarter outlook: Management forecast third-quarter EPS of $1.15-$1.35 and revenue of $929 million-$943 million, below consensus estimates of $1.56 and $974.9 million, respectively. The sizable guidance gap likely outweighed the quarterly beat and full-year EPS increase.

Hedge Funds Weigh In On Columbia Sportswear

Hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its position in shares of Columbia Sportswear by 5.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,921,493 shares of the textile maker’s stock valued at $105,859,000 after acquiring an additional 96,260 shares in the last quarter. AQR Capital Management LLC raised its position in Columbia Sportswear by 19.6% in the fourth quarter. AQR Capital Management LLC now owns 1,161,128 shares of the textile maker’s stock worth $63,967,000 after purchasing an additional 190,453 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Columbia Sportswear by 1.2% during the fourth quarter. JPMorgan Chase & Co. now owns 1,097,123 shares of the textile maker’s stock worth $60,441,000 after purchasing an additional 13,499 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Columbia Sportswear by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 442,184 shares of the textile maker’s stock worth $24,360,000 after purchasing an additional 14,258 shares during the period. Finally, Voloridge Investment Management LLC boosted its holdings in Columbia Sportswear by 72.2% during the third quarter. Voloridge Investment Management LLC now owns 437,576 shares of the textile maker’s stock valued at $22,885,000 after purchasing an additional 183,412 shares in the last quarter. Institutional investors and hedge funds own 47.76% of the company’s stock.

About Columbia Sportswear

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.