Columbia Sportswear Warns on Tariffs, Lowers Guidance

Columbia Sportswear reported a narrower-than-expected Q2 loss of $0.19 per share on revenues of $605.2 million, with international growth offsetting a 2% decline in U.S. sales. The company faces ongoing pressure from rising U.S. tariffs and softer domestic demand, prompting it to advance Fall 2025 shipments to mitigate tariff impacts. Management warned tariffs could cost Columbia $35 million to $40 million next year. For Q3, Columbia forecasts revenue between $904 million and $922 million and earnings of $1.00 to $1.20 per share, both below analyst expectations. Full-year revenue guidance was revised down to $3.33 billion to $3.4 billion, reflecting up to a 1% year-on-year decrease. Shares have dropped about 30% year-to-date as investors weigh the impact of tariffs and a challenging U.S. outlook.