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    Columbia Clothing Company: It Is Expected That The Whole Year Will Be Split Up.

    2014/7/25 12:01:00 22

    Columbia Clothing Company Expects To Split Shares Throughout The Year

    < p > > a href= "http://sjfzxm.com/news/index_cj.as" > US < /a > outdoor sporting goods manufacturer Columbia Sportswear Co. (NASDAQ:COLM) Columbia sportswear company released its two quarter earnings after Thursday, ending June 30, 2014 earnings per share recorded a -0.18 dollar, excluding $5 million 600 thousand, and a tax discount of $0.16 per share, adjusted by a loss of $0.34 per share, slightly beyond analysts' expectations.

    Columbia Sportswear also announced the stock split plan, which is expected to rise by 2.7% to $85.50 after being raised by full year expectations.

    < /p >


    In the two quarter, the net loss of Columbia Sportswear was US $6 million 329 thousand, which narrowed from 7 million 77 thousand US dollars in the same period last year. The loss was mainly affected by the tax expense of prAna Living and LLC, which cost US $2 million 900 thousand (about US $0.08 per share), and the income rose 16% to US $324 million 200 thousand, compared with 280 million 500 thousand US dollars in the same period last year. P

    < /p >


    < p > > a href= "http://sjfzxm.com/news/index_cj.as" > Columbia Sportswear < /a > CEO Tim Boyle was satisfied with the excellent performance of the two brands of Columbia and Sorel in the first half of the year, and said that the performance of the North American market was particularly outstanding.

    < /p >


    < p > by Region two quarter Columbia Sportswear, US income rose 5% to 146 million 300 thousand US dollars, including 5 million 500 thousand dollar prAna brand contribution; Latin America / Asia Pacific region income rose 18% to 96 million 100 thousand US dollars; Europe / Middle East / Africa region income increased 37% to 72 million 900 thousand US dollars; Canada income increased 39% to 8 million 900 thousand dollars.

    By category, clothing, accessories and equipment revenue increased by 12% to 263 million dollars; footwear revenue rose 37% to 61 million 200 thousand dollars.

    The Columbia brand recorded a $291 million revenue in the two quarter, up 15%.

    < /p >


    < p > benefiting from the annual sales of the Chinese joint venture company and the US $55 million contribution of the prAna brand in the second half of the fiscal year, Columbia Sportswear expects that the revenue in fiscal 2014 will increase from 19%-21% to 1 billion 680 million US dollars in the fiscal year 1 billion 680 million to 2 billion 10 million US $-20.4 billion; the expected operating profit margin will increase to 8.3% from last year's 7.8%; the expected net profit will be 114 million US dollars to 120 million dollars, and the earnings per share will be 3.22 to US dollars.

    < /p >


    < p > > a href= "http://sjfzxm.com/news/index_cj.as" > Columbia Sportswear < /a > Co. (NASDAQ:COLM). Columbia began to split 1 shares and share 2 shares in September 26th.

    < /p >

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