HighGravityDataColumbia Sportswear — Jul 30, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001050797-26-000129
Showing in the filing
Operating income
“8.1 to 9.5 percent of net sales”
Period
Q3 FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 17
Net sales for FY2026
“$3.43 to $3.50 billion (unchanged)”
Gross margin for FY2026
“52.1 to 52.3 percent of net sales”
Operating income for FY2026
“$290 to $325 million (prior $230 to $262 million)”
Operating margin for FY2026
“8.5 to 9.3 percent of net sales (prior 6.7 to 7.5 percent)”
Diluted earnings per share for FY2026
“$4.45 to $4.90 (prior $3.55 to $4.00)”
Regular quarterly cash dividend
“$0.30 per share”
Foreign currency translation for FY2026
“benefit net sales by approximately 30 to 50 basis points (prior 50 to 100 basis points)”
Foreign currency translation benefit to net … for FY2026
“approximately 30 to 50 basis points”
Gross margin expansion for FY2026
“160 to 180 basis points”
SG&A expenses, as a percent of net sales for FY2026
“43.6 to 44.2 percent (unchanged)”
Effective income tax rate for FY2026
“approximately 25.0 percent (prior 24.0 to 25.0 percent)”
Operating cash flow for FY2026
“$290 to $310 million (prior $300 to $330 million)”
Capital expenditures for FY2026
“$65 to $75 million (unchanged)”
Net sales for Q3 FY2026
“$929 to $943 million”
Operating income for Q3 FY2026
“8.1 to 9.5 percent of net sales”
Diluted earnings per share for Q3 FY2026
“$1.15 to $1.35”
Effective tax rate for Q3 FY2026
“approximately 25%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Third Quarter 2026 Financial Outlook • Net sales are expected to be $929 to $943 million, representing a decrease of 1.5 percent to flat from $943 million for the comparable period in 2025. Net sales guidance includes the impact of a higher proportion of Fall 2026 shipments occurring in fourth quarter 2026 in comparison to the timing of Fall 2025 shipments last year. • Operating income is expected to be 8.1 to 9.5 percent of net sales, compared to operating income of 7.1 percent of net sales in the comparable period in 2025. Operating margin includes SG&A expense deleverage driven by slight SG&A growth and gross margin contraction primarily resulting from the impact 4 of anticipated accommodations to our factory partners, partially offset by the expected cost of sales benefit from IEEPA tariff refunds included in inventory. • Diluted earnings per share is expected to be $1.15 to $1.35, compared to $0.95 for the comparable period in 2025. This range reflects an estimated effective tax rate of approximately 25% for the third quarter. Conference Call The Company will hold its second quarter 2026 conference call at 5:00 p.m. ET today. Dial (888) 506-0062 to participate. The call will also be webcast live on the Investor Relations section of the Company's website at https://investor.columbia.com . Third Quarter 2026 Reporting Date The Company plans to report third quarter 2026 financial results on Thursday, October 29, 2026 at approximately 4:05 p.m. ET. Supplemental Financial Information Since Columbia Sportswear Company is a global company, the comparability of its operating results reported in United States dolla
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.