The sports and outdoor apparel group reported the strongest quarterly and year-to-date results in the company’s history on Thursday, announcing particularly strong sales increases in its US direct-to-consumer channel.
Columbia net sales increased 21 percent to a record $481.6 million, in the second quarter ended June 30, driven by both wholesale and direct-to-consumer net sales, especially in Latin America and Asia Pacific.
The Portland, Oregon-based sportswear group reported on Thursday higher-than-expected sales growth in Q1 2018, driven by strong progress in the company’s global direct-to-consumer channel and modest wholesales gains.
The company has announced a positive fourth quarter, ended December 31, 2017, propelled forward by even demand across apparel, accessories and footwear categories, and success in EMEA, Canada and APAC.
The U.S. outdoor apparel brand beat estimates and posted a rise in sales for the first quarter to over $543 million, but the radically evolving American sports wholesale and retail industry dragged down results at home.