Columbia Sportswear Company'S Three Quarter Sales Hit Record High

U.S.A

Net income in the third quarter increased by 29% to $67 million 500 thousand, or $1.98 per diluted share, including 0.04% from the lower income tax rate. Compared to the same period in 2010, the net income was $52 million 200 thousand, or the diluted earnings per share were $1.53.

According to geographical area, net sales increased in the third quarter of 2011. Net sales increased by 51% to 100 million 300 thousand US dollars in Europe, Middle East and Africa, including 13% of currency exchange rate changes.

Sales in the LAAP area increased by 23% to $72 million 800 thousand, including 9% of the exchange rate changes.

Sales in the United States increased by 2% to $333 million 600 thousand, while Canadian sales increased by 13% to $60 million 100 thousand, including 9% of the currency.

Net sales of footwear increased 55% to $128 million 600 thousand in the third quarter of 2011.

Sportswear net sales increased by 7% to $179 million 800 thousand.

The net sales of accessories and equipment reached US $35 million 900 thousand, an increase of 23%.

The net sales of the jacket were 222 million 500 thousand dollars, basically flat.

By the end of the quarter, the company's cash and short-term investments were $90 million 400 thousand, compared with $236 million 300 thousand in September 30, 2010.

As of September 30, 2011, the total stock was 432 million 100 thousand US dollars, an increase of US $73 million 900 thousand or an increase of 21% over September 30, 2010.

The average cost is relatively high, which accounts for almost 80% of the US dollar growth.

The financial outlook for 2011 is expected to improve.

Based on the expected third quarter results, the company will open its business for the whole year of 2011.