Columbia Reports A Bad Quarter, Realigns Its Product Range In Europe

2008-05-05T00:00:00

Columbia Sportswear reported that a disappointing drop in net profit of 23.6 percent to $19,931,000 while its sales increased by 2.7 percent to $297.4 million during the first quarter ended March 31. Sales would have actually fallen by more than 2 percent if currency exchange rates had remained the same.

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