Executive

Columbia Sportswear outlines growth targets, reaffirms outlook

2 days ago   |   By Fashion United

Image: Columbia Sportswear Company, Facebook
Columbia Sportswear Company's net sales are expected to grow at a three-year CAGR of 9 to 11 percent, compared to the midpoint of its 2022 financial outlook, reaching 4.5 to 4.7 billion dollars in 2025.
The company said in a release that operating margin is expected to expand to approximately 14 percent of net sales in 2025 and diluted earnings per share are expected to grow at a three-year CAGR of 12 to 15 percent compared to the midpoint of 2022, reaching 7.35 dollars to 7.95 dollars in 2025.
Commenting on the growth targets, the company's...
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