Profit jumped 25% to $45,107,000 from $36,006,000 for the first quarter ended Mar. 31, led by a strong DTC sales performance in the late spring as sales improved 12% to $607,308,000 from $543,793,000. While a seasonally small quarter, COLM said that a strong order book and its continued momentum in DTC encouraged it to lift guidance for the top line to 8-10%, including $40 million related to new accounting rules on revenue recognition, up from 5.5-7.5% prior, and operating income to $275-285 million against an earlier forecast of $263-273 million that will produce net income of $213-220 million vs. $203-211 ... Log in to view full article.