| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 82 | 14.7x | 17.8x | Top tier | |
Growth | 44 | -0.1% | 7.1% | Around median | |
Quality | 79 | 8.9% | 4.5% | Top tier | |
Safety | 83 | — | 2.6x | Top tier | |
Capital Return | 51 | 2.20% | 2.12% | Around median | |
Momentum | 47 | 3.2% | 2.9% | Around median | |
Sentiment | 75 | 6 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Columbia Sportswear Company designs, markets, and sells outdoor apparel, footwear, and accessories through the Columbia, SOREL, prAna, and Mountain Hardwear brands. The company generates revenue through wholesale and direct-to-consumer channels, including stores and e-commerce; international markets account for more than 40% of sales, while the ACCELERATE strategy focuses on hiking, trail running, warm apparel, PFG, outdoor lifestyle, and footwear.
In Q2 fiscal 2026, net sales increased 2% to $614 million, driven by international distributors and global e-commerce, compared with a 4% decline in U.S. sales and 9% growth in international markets. Columbia sales increased 1%, prAna grew 14%, and Mountain Hardwear grew 6%, while SOREL declined 14% due to the timing of wholesale shipments. By region, LAAP increased 13%, EMEA recorded high-single-digit growth, while Canada declined by high single digits.
Reported gross margin was 58.3% in Q2 fiscal 2026, up 920 basis points, but it included tariff refunds that increased operating margin by approximately $60 million; excluding them, gross margin contracted 50 basis points due to incremental tariffs and higher discounts. Reported EPS was $0.52, while the result was a loss of $0.41 per share excluding the impact of the refunds. EDGAR data show revenue of $3.4 billion, net income of $169.3 million, and EPS of approximately $3.21 for the 2026 TTM period.
Automated analysis for informational purposes only — not investment advice.
The average analyst price target is $64.75, below the 52-week range high of $69.06 and clearly above its low of $47.47, while individual targets range from $47 to $80. The “Neutral” consensus reflects this divergence between a debt-free balance sheet and encouraging Spring 2027 orders on one hand, and weakness in the U.S. market and the reliance of raised earnings guidance on tariff refunds on the other.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
Net sales increased 2% to $614 million due to growth from international distributors and global e-commerce. International markets grew 9% and accounted for more than 40% of sales, while the United States declined 4% due to weakness in wholesale and store traffic. Reported gross margin was 58.3% and EPS was $0.52, but tariff refunds improved operating margin by approximately $60 million.
Early indicators emerged in Q2 fiscal 2026, including improved new-customer acquisition and purchase intent among target segments, as well as growth in newer, higher-priced products. Global footwear grew by high single digits, and Tellurax, supported by the Robert Irwin campaign that generated more than 3.7 million views, sold out. Spring 2027 orders, approximately 90% complete, also indicate low- to mid-single-digit growth, with footwear growth outpacing apparel.
International markets account for more than 40% of sales and increased 9% in Q2 fiscal 2026, compared with a 4% decline in the United States. LAAP recorded growth of 13%, Japan and Korea grew by low double digits, while direct operations in Europe delivered low-double-digit growth. In China, e-commerce achieved strong growth during the 618 festival, and management expects double-digit year-over-year growth in fiscal 2026.
The company recognized approximately $78 million in duty and interest refunds during the quarter, of which approximately $60 million improved operating margin, $2 million was recorded as interest income, and $15 million reduced the value of inventory. As a result, reported gross margin expanded 920 basis points to 58.3%. However, gross margin contracted 50 basis points excluding the refunds, and reported EPS of $0.52 became a loss of $0.41 per share on the same basis.
The company expects net sales growth of 1% to 3% during fiscal 2026 and a reported gross margin of 52.1% to 52.3%. It raised reported operating margin guidance to 8.5%–9.3% and diluted EPS guidance to $4.45–$4.90, assuming a tax rate of approximately 25%. However, management said that the underlying sales and margin outlook for the second half had weakened and that the expected growth would shift entirely to the fourth quarter due to shipment delays.
More than $30 million in revenue is expected to shift from the third quarter to the fourth due to shipping disruptions and capacity constraints, with the impact more concentrated in North America. Higher fuel and food costs are also pressuring discretionary spending and store traffic, which may require additional discounts. The guidance assumes tariffs of 10% to 12.5% will continue through the end of fiscal 2026, while the company expects third-quarter sales to range from a 1.5% decline to flat and EPS between $1.15 and $1.35.
