Net income improved 63% to $84,740,000 in Q3 from $52,005,000 a year ago, which included a $29 million prAna and Mountain Hardwear impairment charge, as revenues increased 2% to $962,582,000 from $943,425,000. Wholesale came in flat at $636.7 million as some deliveries were pushed into Q4, while direct-to-consumer grew 5% to $325.9 million. Apparel sales were 1% higher at $743.9 million, and footwear, combining Columbia and Sorel brand sales, increased 5% to $218.7 million.
North America dragged on Q3, with the U.S. down 1% to $540.9 million and Canada down 2% to ... Log in to view full article.