HighGravityDataColumbia Sportswear — Feb 4, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001050797-25-000006
Showing in the filing
Diluted earnings per share
“$3.80 to $4.15”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 14
Operating margin for FY2025
“7.7 to 8.3 percent”
Diluted earnings per share for FY2025
“$3.80 to $4.15”
Quarterly cash dividend for Q1 FY2025
“$0.30 per share”
Regular quarterly cash dividend
“$0.30 per share”
Gross margin for FY2025
“expand 80 basis points to approximately 51 percent of net sales”
Gross margin expansion for FY2025
“80 basis points”
SG&A expenses, as a percent of net sales for FY2025
“43.4 to 44.1 percent”
Effective income tax rate for FY2025
“24.0 to 25.0 percent”
Operating cash flow for FY2025
“at least $250 million”
Capital expenditures for FY2025
“$60 to $80 million”
Net sales for FY2025
“$1,352 to $1,378 million”
Net sales for Q1 FY2025
“$749 to $764 million”
Operating margin for Q1 FY2025
“5.4 to 6.0 percent”
Diluted earnings per share for Q1 FY2025
“$0.62 to $0.70”
Exhibit 99.1 · the passage around this item
… earlier in the release
Additional disclosures and financial outlook details can be found in the Full Year 2025 Financial Outlook section below and the CFO Commentary and Financial Review presentation. • Net sales of $3.40 to $3.47 billion, representing net sales growth of 1.0 to 3.0 percent compared to 2024. • Operating margin of 7.7 to 8.3 percent. • Diluted earnings per share of $3.80 to $4.15. PORTLAND, Ore. - February 4, 2025 - Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a multi-brand global leading innovator in outdoor, active and lifestyle products including apparel, footwear, accessories, and equipment, today announced fourth quarter 2024 financial results for the period ended December 31, 2024. Chairman, President and Chief Executive Officer Tim Boyle commented, “I’m encouraged that sales returned to growth in the fourth quarter, and we expect continued growth in 2025, across most brands and regions. During the year we made substantial progress on our inventory reduction efforts, achieved cost savings through our Profit Improvement Program, and returned meaningful cash to shareholders through share buybacks and dividends. We 1 also laid the foundation for Columbia’s ACCELERATE Growth Strategy, which will come to life in the seasons ahead. “While we have made substantial progress slowing our rate of SG&A expense growth, we are continuing to pursue cost savings and enhanced profitability. “Our balance sheet remains strong, with cash and short-term investments of approximately $815 million and no bank borrowings exiting the quarter. I am confident we h
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.