Columbia Sportswear posts positive Q2 results
US-based active apparel and footwear producer Columbia Sportswear Company has reported higher sales for the second quarter ended June 30. Net sales totalled $211.6 million, an increase of 13.6% over the $186.2 million reported for the same period in 2005.
Net income decreased 23.8% to $4.8 million from $6.3 million for the same period of 2005. Net income for the second quarter of 2006 included $2 million in after-tax stock-based compensation expense.
Compared with the second quarter of 2005, other international sales increased by 25.2% to $51.1 million,
In the second quarter, sportswear sales increased 9.6% to $112.2 million, footwear sales increased 25.9% to $43.2 million, equipment sales increased 159.3% to $7 million, outerwear sales increased 8% to $43.2 million and accessories sales decreased 11.8% to $6 million.