Columbia raises 2011 outlook
27/10/2011
US outdoor apparel company Columbia has reported that its third quarter consolidated net sales increased 12% to a record $566.8 million, compared to third quarter 2010 net sales of $504.0 million.
Its operating income for the period increased 26% to $86.6 million, or 15.3% of net sales, compared to third quarter 2010 operating margin of 13.6%. Third quarter net income increased 29% to $67.5 million.