Columbia Sportswear Q3 net sales rise 29 percent

REPORT_ Columbia Sportswear Company announced record net sales of 675.3 million dollars for the quarter ended September 30, 2014, an increase of 152.2 million dollars, or 29 percent, compared with net sales of 523.1 million dollars for the same period in 2013. Third quarter operating income increased 28 percent to 98.3 million dollars and net income grew 20 percent to 65.6 million dollars, or 0.93 dollars per diluted share.

Tim Boyle, Columbia's President and Chief Executive Officer, commented, saying, “I'm thrilled to announce these outstanding third quarter results which reflect strong performance by our Columbia and Sorel brands in North American wholesale and direct-to-consumer channels. In addition, strengthening of the Columbia brand in our Europe-direct markets and incremental sales from our new China JV and newly-acquired prAna brand further bolstered top-line growth.