Did you hear?… Columbia Sportswear's 3Q earnings were up 30 percent
Warning that its rapid growth will slow next year, Columbia Sportswear's third quarter earnings were up 30 percent to $49.58 million from $ 38.22 million a year ago.
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Warning that its rapid growth will slow next year, Columbia Sportswear’s third quarter earnings were up 30 percent to $49.58 million from $ 38.22 million a year ago. Sales for the quarter were up 24 percent to $305.63 million compared to $247.35 a year ago. After citing the company for its “dominant position as a supplier of technical, value-oriented outerwear and footwear for fall, ” and predicting a good fall season, company president Tim Boyle was more reserved about the future. “It is our current belief that revenue and earnings growth above high single digit percentage will be difficult to achieve for the full year 2002 compared to 2001.”