Q4 sales increase at Columbia Sportswear

04/02/2008

Outdoor apparel and footwear provider Columbia Sportswear Company has posted a 19% increase in fourth quarter profit. Income from operations for the quarter rose to $56.8 million – 15.1% of net sales – from $55.3 million for the same period last year. Net income for the quarter ended December 31 totalled $45.7 million compared with $38.4 million in the prior-year period.

Net sales increased 4% to $376.7 million compared with $361.8 million in the 2006 quarter, while sales for the full year reached $1.36 billion, up 5% from $1.29 billion in 2006.

However, sales for the first quarter of 2008 are expected to fall by approximately 2% year-on-year.