Columbia Sportswear Company Q2 profits increase 121 percent

Business

Columbia Sportswear Company Q2 profits increase 121 percent

by FashionUnited
25 Jul 2019

The company said on Thursday its Q2 net profit increased. Compared with the same period last year, revenues climbed by 9 percent.

The company's net profit for Q2 was 23 million dollars, increased from 10.4 million dollars a year earlier. Revenues surged to 526.2 million dollars.

Columbia Sportswear Company (NASDAQ: COLM) sells active lifestyle apparel, footwear, accessories, and equipment in 90 countries. The company was founded in 1938 and owns a portfolio of brands which includes the namesake brand Columbia, Mountain Hardwear, Sorel and Prana.