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Article Date: October 2017
Word Count: 471

Columbia Sportswear Up Despite Soft U.S. Market

Strength in Europe, Canada and LAAP offset a decline in U.S. sales for the key third quarter as net income to shareholders rose 5% to $87,724,000 from $83,585,000 for the three months ended Sep. 30. Revenues were flat at $747,367,000 against $745,714,000 with the U.S. down 6% to $456.0 million from $484.6 million while EMEA gained 20% to $87.5 million from $73.0 million, Latin America/Asia pacific rose 9% to $123.0 million from $112.7 million and Canada improved 8% to $80.9 million from $75.2 million. Only the Columbia brand gained sales, up 2% to $598.3 million compared to $587.3 million. Sorel ... Log in to view full article.


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