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

Columbia Sportswear (NASDAQ:COLM) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.150-1.350 for the period, compared to the consensus EPS 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 Trading Down 1.2%

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

Columbia Sportswear (NASDAQ:COLM) last issued its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.93. Columbia Sportswear had a net margin of 4.98% and a return on equity of 11.78%. The firm had revenue of $614.36 million for the quarter, compared to analysts’ expectations of $606.97 million. During the same quarter last year, the company posted ($0.19) earnings per share. Columbia Sportswear’s revenue 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. On average, analysts predict that Columbia Sportswear will post 3.86 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup restated a “neutral” rating and set a $68.00 price objective (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Zacks Research cut Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. BTIG Research boosted their price target on shares of Columbia Sportswear from $75.00 to $80.00 and gave the company a “buy” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, July 10th. Finally, UBS Group restated a “sell” rating and issued a $47.00 target price (up from $44.00) on shares of Columbia Sportswear in a research report on Friday, May 1st. Two 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 currently has an average rating of “Hold” and an average target price of $62.83.

Insider Transactions at Columbia Sportswear

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

Columbia Sportswear News Summary

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.

Institutional Investors Weigh In On Columbia Sportswear

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