Columbia Sportswear reports increased Q4

30/01/2006

Active outdoor apparel and footwear producer Columbia Sportswear Company has reported fourth quarter net sales of $314.1 million for the quarter ended December 31, 2005, an increase of 4.1% over $301.8 million for the same period of 2004. However, the company posted net income of $36.6 million, a 7.1% decrease compared with the $39.4 million reported for the same period a year earlier.

Other international sales increased 17.5% to $51.8 million, European sales increased 14.3% to $50.3 million, US sales increased 2.4% to $185.4 million, whilst Canadian sales decreased 18.4% to $26.6 million.

Footwear sales increased 19.9% to $63.3 million, sportswear sales increased 11.5% to $90 million, equipment sales increased 20% to $1.2 million, accessories sales decreased 3.2% to $12.2 million, and outerwear sales decreased 4.7% to $147.4 million compared with the fourth quarter of 2004. 

For the 2005 fiscal year, the company reported net sales of $1,155.8 million, an increase of 5.5% over $1,095.3 million for 2004 and net income decreased 5.7% to $130.7 million from $138.6 million.

Other International sales increased 27.1% to $179.7 million, European sales increased 8.3% to $184.4 million, US sales increased 1.5% to $676.9 million, and Canadian sales decreased 1.8% to $114.8 million. 

For 2005, sportswear sales increased 13.6% to $450.3 million, footwear sales increased 14.4% to $211.2 million, outerwear sales decreased 4.4% percent to $440 million, equipment sales increased 15.2% to $9.1 million, and accessories sales decreased 2% to $45.2 million.