Columbia Outdoors 2010 First Half Income Big Spot
In the first half of 2010,
Columbia
The total revenue was $522 million 237 thousand, compared with $451 million 234 thousand in the same period in 09 years.
Sale
The cost was $298 million 11 thousand, compared with $266 million 432 thousand in the same period in 09 years.
Gross profit was $224 million 226 thousand, and $184 million 802 thousand in the first half of 09 years.
Gross profit margin was 42.9%, and 41% in the first half of 09 years.
Sales, daily and administrative expenses amounted to $228 million 997 thousand, compared with $194 million 255 thousand in the first half of 09 years.
Management
The loss was $2 million 227 thousand, compared with $5 million 492 thousand in the same period in 09 years.
Based on income in the first half of the year,
outdoors
Brand Columbia expects total revenue to rise 14-16% year-on-year in 2010.
At present, fall orders are up 19% over the same period.
Columbia's first quarter earnings in 2010:
In the first quarter, the total revenue of Columbia's company was $300 million 400 thousand, up 10% from the same period last year, compared with $272 million in the same period in 2009, of which 3% of the increase was affected by the exchange rate of foreign currencies.
Net income was $9 million 200 thousand, earnings per share were $0.27, compared to $6 million 900 thousand in 2009, and earnings per share were $0.20.
By the end of the first quarter of 2010, Columbia's cash and short-term investments amounted to US $415 million 800 thousand, compared with us $299 million 800 thousand in the same period in 09 years.
Inventory of $222 million 700 thousand, basically unchanged.
Spending $3 million 800 thousand to buy 89 thousand and 500 shares, since 2004, Columbia has spent $411 million 200 thousand to buy 9 million shares.
Income status of Columbia companies around the world:
The US gross income was 173 million 200 thousand US dollars, up 11% over the same period last year.
The total income of Latin America and Asia Pacific was 56 million 100 thousand US dollars, up 22% compared with the same period last year, of which 8% was affected by the exchange rate of foreign currencies.
Canada's total revenue was $24 million 200 thousand, up 22% over the same period last year.
But the total income in the Middle East and Africa was 46 million 900 thousand US dollars, down 6% compared to the same period last year.
Income status of Columbia products:
Sportswear 2009 annual revenue of 146 million 400 thousand U.S. dollars, up 14% over the same period.
Jacket income was $87 million 600 thousand, up 14% over the same period last year.
Footwear products revenue was $46 million 100 thousand, up 15% over the same period last year.
Equipment and accessories revenue was $20 million 300 thousand, up 9% over the same period last year.
Columbia brand income status:
Columbia's brand revenue was $267 million 700 thousand, up 11% over the same period last year.
Mountain Hardwear's annual revenue was $25 million 600 thousand, up 10% over the same period last year.
Sorel, Montrail and Pacific Trail brand income remained unchanged from 2009.
Tim Boyle, President and chief executive officer of Columbia company, said: "the rise in US income has affected the first quarter's revenue, mainly due to the direct growth in the volume of customers.
Incomes in Latin America, Asia Pacific and Canada have risen year on year.
At the same time, the first quarter's income is also affected by the increase of customers' consumption level and the weather in spring.
Wholesale orders rose 19% in the autumn.
Columbia 2010 second quarter income:
According to the financial revenue announced by the Columbia company, the total revenue in the second quarter was $221 million 800 thousand, up 24% from the same period last year, compared with $179 million 200 thousand in the same period in 2009, of which 2% of the increase was affected by the exchange rate of foreign currencies.
Gross profit was $96 million 920 thousand, compared with $74 million 300 thousand in the same period in 09 years.
Net income was $392 thousand, compared with $566 thousand in the same period in 09 years.
Net loss was $10 million 600 thousand, diluted 31 cents per share, net loss for 09 years was $9 million 900 thousand, and diluted earnings per share were $0.29.
The board announced a dividend of 18 cents per share.
In the second quarter, cash and short-term investments were US $398 million, with no long-term debt and 318 million US dollars in the same period in 09 years.
Inventories were $310 million 500 thousand, up 6% from the same period last year, and 293 million 400 thousand US dollars in the same period 09 years ago.
The second quarter is a quarter with less sales in one year, accounting for about 15% of the total annual revenue.
Income status of Columbia companies around the world:
The US gross income was 123 million 700 thousand US dollars, up 27% over the same period last year.
The total income of Latin America and the Asia Pacific region was 51 million 800 thousand US dollars, an increase of 30 over the same period last year, of which 9% was affected by the exchange rate of foreign currencies.
Europe, the Middle East and Africa had a total revenue of 38 million 600 thousand US dollars, up 15% over the same period last year.
Canada's total revenue was $7 million 700 thousand, down 3% from the same period last year.
Income status of Columbia products:
The total income of sportswear in Columbia was 121 million 900 thousand US dollars, up 24% over the same period last year.
The gross income of the jacket was 43 million 400 thousand dollars, up 24% over the same period last year.
The total income of accessories and equipment was $17 million 800 thousand, up 45% over the same period last year.
The total income of footwear products was $38 million 700 thousand, up 16% over the same period last year.
Columbia brand income status:
The total revenue of Columbia brand was US $199 million 400 thousand, up 23% over the same period last year.
Total revenue of Mountain Hardwear was $18 million 300 thousand, up 39% over the same period last year.
The total income of Sorel, Montrail and Pacific Trail increased year by year.
Tim Boyle, President and chief executive officer of Columbia company, said, "revenue in the second quarter is larger than expected in April, mainly due to the growth of orders, and retail sales are higher than expected.
Customer consumption is not very stable, and we are optimistic about autumn sales, including our new Omni-Heat products launched around the world.
The retail sales of our Sorel brand footwear products have risen and women's money has been very popular.
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