Financial

Columbia Sportswear reports margin improvement despite sales decline in Q3

By 2024-11-01T07:56:00

Screenshot 2024-11-01 at 11.41.52

Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth in EMEA and LAAP regions balanced results.

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