Home / Knowledge / News / Apparel/Garments / Columbia Sportswear Q4'13 net sales rises 6%
Columbia Sportswear Q4'13 net sales rises 6%
19
Feb '14
Columbia Sportswear Company , a leading innovator in the global outdoor apparel, footwear, accessories and equipment industries, announced record fourth quarter net sales of $533.1 million, an increase of 6 percent compared with the fourth quarter of 2012. 
 
Fourth quarter 2013 net income totaled $36.7 million, or $1.05 per diluted share, including a non-cash asset impairment charge of approximately $5.6 million after-tax, or $0.16 per diluted share. Fourth quarter 2012 net income totaled $39.5 million, or $1.15 per diluted share. 
 
Full year 2013 net sales increased 1 percent to $1.68 billion and net income totaled $94.3 million, or $2.72 per diluted share, including a non-cash asset impairment charge of approximately $5.6 million after tax, or $0.16 per diluted share. Full year 2012 net income totaled $99.9 million, or $2.93 per diluted share. 
 
4th Quarter 2013 Highlights: 
-Net sales increased 6 percent to a fourth quarter record $533.1 million, compared with fourth quarter 2012 net sales of $501.1 million. 
-Net income totaled $36.7 million, or $1.05 per diluted share, including a non-cash asset impairment charge of approximately $5.6 million after tax, or $0.16 per diluted share, compared with fourth quarter 2012 net income of $39.5 million, or $1.15 per diluted share. 
-The board of directors approved a 12 percent increase in the quarterly dividend to $0.28 per share, payable March 18, 2014 to shareholders of record on March 7, 2014. 
 
Fiscal Year 2013 Highlights: 
-Fiscal 2013 net sales totaled $1.68 billion, compared to fiscal 2012 net sales of $1.67 billion. 
-Fiscal 2013 net income totaled $94.3 million, or $2.72 per diluted share, including a non-cash asset impairment charge of approximately $5.6 million after tax, or $0.16 per diluted share, compared to fiscal 2012 net income of $99.9 million, or $2.93 per diluted share. 
 
Fourth Quarter Results 
Consolidated net sales increased 6 percent to $533.1 million compared with net sales of $501.1 million for the same period in 2012. Changes in currency exchange rates had a 2 percentage point negative effect on the net sales comparison. 
 
Fourth quarter U.S. net sales increased $34.1 million, or 12 percent. Europe/Middle East/Africa (EMEA) region net sales increased $6.6 million, or 11 percent, including a 3 percentage point benefit from changes in foreign currency exchange rates. 
 
Net sales in Canada increased $5.2 million, or 16 percent, including a 6 percentage point negative effect from changes in currency exchange rates. Those increases were partially offset by a $13.9 million, or 11 percent, decline in LatinAmerica/Asia Pacific (LAAP) region net sales, including an 8 percentage point negative effect from changes in currency exchange rates. 
 


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search