Columbia Sportswear (NASDAQ:COLM) Releases Q3 2026 Earnings Guidance

Columbia Sportswear (NASDAQ:COLM) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.150-1.350 for the period, compared to the consensus estimate of 1.560. The company issued revenue guidance of $929.0 million-$943.0 million, compared to the consensus revenue estimate of $974.9 million. Columbia Sportswear also updated its FY 2026 guidance to 4.450-4.900 EPS.

Analyst Upgrades and Downgrades

COLM has been the topic of a number of research reports. Zacks Research lowered shares of Columbia Sportswear from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Citigroup reaffirmed a “neutral” rating and issued a $68.00 target price (up from $67.00) on shares of Columbia Sportswear in a research report on Wednesday, July 22nd. Weiss Ratings upgraded Columbia Sportswear from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, July 10th. BTIG Research reissued a “buy” rating and issued a $80.00 price objective on shares of Columbia Sportswear in a report on Friday. Finally, Stifel Nicolaus set a $67.00 price target on shares of Columbia Sportswear and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $65.40.

Columbia Sportswear Price Performance

NASDAQ:COLM traded down $3.41 during trading hours on Friday, reaching $59.38. 1,320,486 shares of the company were exchanged, compared to its average volume of 501,939. The company has a market capitalization of $3.04 billion, a P/E ratio of 15.42 and a beta of 0.94. The business has a 50 day moving average of $64.19 and a 200 day moving average of $60.42. Columbia Sportswear has a 1-year low of $47.47 and a 1-year high of $69.06.

Columbia Sportswear (NASDAQ:COLM) last released its earnings results on Thursday, July 30th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.91. The firm had revenue of $614.36 million for the quarter, compared to analysts’ expectations of $606.97 million. Columbia Sportswear had a return on equity of 11.12% and a net margin of 6.05%.The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.19) earnings per share. Columbia Sportswear has set its Q3 2026 guidance at 1.150-1.350 EPS and its FY 2026 guidance at 4.450-4.900 EPS. As a group, equities research analysts anticipate that Columbia Sportswear will post 3.86 earnings per share for the current fiscal year.

Columbia Sportswear Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, August 20th. Columbia Sportswear’s payout ratio is presently 31.17%.

Insider Activity

In other news, Director Stephen E. Babson sold 4,150 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $67.95, for a total value of $281,992.50. Following the completion of the sale, the director owned 132,376 shares in the company, valued at $8,994,949.20. This represents a 3.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Sabrina Simmons sold 1,329 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $61.24, for a total value of $81,387.96. Following the sale, the director directly owned 8,260 shares of the company’s stock, valued at $505,842.40. The trade was a 13.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 9,559 shares of company stock worth $639,923. Company insiders own 51.90% of the company’s stock.

Key Stories Impacting Columbia Sportswear

Here are the key news stories impacting Columbia Sportswear this week:

• Positive Sentiment: Second-quarter net sales rose 1.5% year over year to approximately $614.4 million, exceeding the $607 million consensus estimate. International growth helped offset weakness in the U.S. market. Adjusted EPS of $0.52 also substantially exceeded expectations for a loss of $0.41. Columbia Sportswear Company Reports Second Quarter 2026 Financial Results; Updates Full Year 2026 Financial Outlook
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook to $4.45–$4.90, well above the roughly $3.85 analyst consensus. The improved profit outlook reflects better-than-expected margins and benefits from tariff-related pricing or cost actions, although full-year revenue guidance of $3.4–$3.5 billion was broadly in line with expectations. Columbia Sportswear Meets Q2 Earnings Estimates, Raises Profit Outlook
• Positive Sentiment: BTIG reaffirmed its Buy rating and assigned an $80 price target, implying substantial upside from recent trading levels. Columbia also declared a quarterly dividend of $0.30 per share, supporting an annualized yield of about 2%. BTIG rating update
• Neutral Sentiment: International markets remain a key growth driver, while management continues to navigate cautious U.S. consumers, supply-chain risks and tariff impacts. Needham maintained a Hold rating, citing the tariff-assisted earnings beat but less convincing underlying demand and outlook. Columbia Sportswear: Tariff-Boosted Q2 Beat but Weaker Outlook Keeps Analyst at Hold
• Negative Sentiment: Third-quarter guidance was below Wall Street expectations: EPS of $1.15–$1.35 versus consensus of $1.56, and revenue of $929–$943 million versus approximately $975 million expected. The cautious near-term outlook, combined with a wider GAAP loss than a year earlier, provides the main reason for pressure on COLM despite the full-year profit increase. Columbia Sportswear Reports Q2 Loss, Beats Revenue Estimates

Institutional Investors Weigh In On Columbia Sportswear

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of Montreal Can lifted its position in Columbia Sportswear by 3.9% in the 4th quarter. Bank of Montreal Can now owns 5,322 shares of the textile maker’s stock worth $293,000 after buying an additional 200 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Columbia Sportswear during the fourth quarter worth about $288,000. Maverick Capital Ltd. bought a new stake in shares of Columbia Sportswear in the 2nd quarter worth approximately $273,000. Brooklyn Investment Group bought a new stake in Columbia Sportswear in the fourth quarter valued at $242,000. Finally, B. Riley Wealth Advisors Inc. purchased a new stake in Columbia Sportswear in the second quarter worth about $202,000. 47.76% of the stock is currently owned by institutional investors.

Columbia Sportswear Company Profile

Columbia Sportswear Company develops, sources, markets and distributes a wide range of outdoor apparel, footwear and accessories designed for activities such as hiking, skiing, snowboarding and trail running. Its product portfolio includes weatherproof jackets and pants featuring proprietary technologies like Omni-Tech® waterproofing and Omni-Heat® thermal reflective lining, as well as activewear, footwear, hats, gloves and accessories under the Columbia® brand and complementary brands.

Founded in 1938 as the Columbia Hat Company in Portland, Oregon, the company initially focused on headwear before expanding into outerwear in the 1970s with the introduction of the Bugaboo® interchange jacket.