Columbia Sportswear (NASDAQ:COLM) Releases Q3 2026 Earnings Guidance

Columbia Sportswear (NASDAQ:COLM) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.150-1.350 for the period, compared to the consensus estimate of 1.560. The company issued revenue guidance of $929.0 million-$943.0 million, compared to the consensus revenue estimate of $974.9 million. Columbia Sportswear also updated its FY 2026 guidance to 4.450-4.900 EPS.

Columbia Sportswear Stock Performance

Shares of NASDAQ:COLM traded down $3.42 during mid-day trading on Friday, reaching $59.37. 958,315 shares of the company’s stock were exchanged, compared to its average volume of 629,754. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 18.91 and a beta of 0.94. The business’s fifty day moving average price is $64.27 and its 200-day moving average price is $60.42. Columbia Sportswear has a twelve month low of $47.47 and a twelve month high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.93. The business had revenue of $614.36 million during the quarter, compared to the consensus estimate of $606.97 million. Columbia Sportswear had a return on equity of 11.78% and a net margin of 4.98%.Columbia Sportswear’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.19) earnings per share. 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. Analysts predict that Columbia Sportswear will post 3.86 EPS for the current fiscal year.

Columbia Sportswear Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, August 20th. Columbia Sportswear’s dividend payout ratio (DPR) is 38.22%.

Analyst Upgrades and Downgrades

COLM has been the topic of a number of recent analyst reports. Zacks Research lowered Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Citigroup restated a “neutral” rating and set a $68.00 price target (up from $67.00) on shares of Columbia Sportswear in a report on Wednesday, July 22nd. Robert W. Baird set a $65.00 price target on shares of Columbia Sportswear in a research report on Friday. Stifel Nicolaus set a $67.00 price objective on shares of Columbia Sportswear and gave the company a “buy” rating in a research note on Friday. Finally, BTIG Research reiterated a “buy” rating and set a $80.00 price objective on shares of Columbia Sportswear in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $63.00.

Insiders Place Their Bets

In related news, Director Sabrina Simmons sold 1,329 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $61.24, for a total transaction of $81,387.96. Following the transaction, the director owned 8,260 shares in the company, valued at $505,842.40. The trade was a 13.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen E. Babson sold 4,150 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $67.95, for a total transaction of $281,992.50. Following the transaction, the director directly owned 132,376 shares in the company, valued at approximately $8,994,949.20. This represents a 3.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 9,559 shares of company stock worth $639,923. Corporate insiders own 51.90% of the company’s stock.

Key Columbia Sportswear News

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

• Positive Sentiment: Second-quarter results exceeded expectations. Columbia Sportswear reported quarterly revenue of $614.4 million, ahead of the approximately $607.0 million consensus estimate and up 1.5% year over year. Adjusted earnings were $0.52 per share, compared with expectations for a loss of $0.41 per share. International strength helped offset weakness in the U.S. market. Columbia Sportswear Company Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Full-year profit outlook was raised. Management now expects fiscal 2026 EPS of $4.45 to $4.90, above the roughly $3.85 analyst consensus. The company maintained revenue guidance of approximately $3.4 billion to $3.5 billion, suggesting the improvement is being driven more by profitability than by sales growth. Columbia Sportswear Meets Q2 Earnings Estimates, Raises Profit Outlook
• Positive Sentiment: Analyst support and shareholder returns provided additional positives. BTIG reaffirmed its Buy rating and assigned an $80 price target. Columbia also declared a quarterly dividend of $0.30 per share, equivalent to an annualized yield of about 2%. BTIG rating report
• Negative Sentiment: Third-quarter guidance fell well short of expectations. Columbia forecast Q3 EPS of $1.15 to $1.35 and revenue of $929 million to $943 million, below consensus estimates of $1.56 EPS and $974.9 million in revenue. This weaker outlook likely outweighed the full-year guidance increase in today’s trading.
• Negative Sentiment: The earnings improvement may be viewed as tariff-related and less durable. Analysts noted that tariff benefits contributed to the quarterly profit surge, while U.S. demand remained soft. Needham maintained a Hold rating, reflecting caution about the company’s underlying growth trajectory and the sustainability of the profit outlook. Columbia Sportswear tariff-boosted Q2 results

Institutional Trading of Columbia Sportswear

Several large investors have recently made changes to their positions in COLM. AQR Capital Management LLC increased its position in Columbia Sportswear by 82.9% in the 3rd quarter. AQR Capital Management LLC now owns 970,675 shares of the textile maker’s stock valued at $50,242,000 after buying an additional 439,913 shares in the last quarter. Invesco Ltd. grew its stake in Columbia Sportswear by 231.7% in the second quarter. Invesco Ltd. now owns 367,330 shares of the textile maker’s stock valued at $22,437,000 after acquiring an additional 256,578 shares during the period. Balyasny Asset Management L.P. acquired a new stake in Columbia Sportswear in the fourth quarter valued at approximately $12,135,000. Cubist Systematic Strategies LLC bought a new stake in shares of Columbia Sportswear during the second quarter valued at approximately $12,238,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Columbia Sportswear by 11.6% during the third quarter. Dimensional Fund Advisors LP now owns 1,825,233 shares of the textile maker’s stock valued at $95,457,000 after acquiring an additional 189,939 shares in the last quarter. 47.76% of the stock is currently owned by institutional investors and hedge funds.

Columbia Sportswear Company Profile

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.