Sales up 8% at Columbia Sportswear
Columbia Sportswear Company has posted sales of
$290.4 million for the quarter ended June 30, an 8% increase compared with $268
million during the same period in 2011.
Second quarter net loss improved by 42% to $7.9 million compared with
net loss of $13.6 million in the prior-year period.
Apparel, accessory and equipment net sales
increased by $22.9 million, or 11%, to $240.9 million. At $49.5 million, footwear net sales were down 1%.
Columbia brand net sales
increased $21.6 million, or 9%, to $260.7 million.
Tim Boyle, Columbia's president
and chief executive officer, commented, "Second quarter sales growth
reflected improved operational execution and supply chain capacities, which allowed us to deliver a
larger portion of our international distributors' fall 2012 advance orders in the
second quarter.
"We are also in good position
entering the third quarter to fulfil wholesale customers' orders on a timely basis
because we have received Fall 2012 inventory earlier this year. Second quarter
sales were also strong in Japan and in our US direct-to-consumer business."
