For the third quarter Columbia Sportswear Company’s sales grew by 15 per cent. The strong operating performance came amid unprecedented supply chain challenges. Despite delayed inventory receipts which impacted US wholesale shipments, favorable gross margin performance and expense management fuelled above plan earnings.

Columbia Sportswear is an innovator in active outdoor lifestyle apparel and footwear. Sales from Columbia grew by 16 per cent whereas Sorel sales dipped by four per cent. Prana and Mountain Wear sales increased to $36.4 million and $28.7 million respectively. Sales across all the regions increased in double digits during the quarter: US, Latin America and Asia Pacific, Europe, Middle East, Africa and Canada. During the third quarter, the American sportwear manufacturer's gross profit surged to $408.3 million while selling, general and administrative expenses were $280.1 million. Moreover, operating income rose to $133.4 million.

Early-season fall 2021 sell-through was encouraging and the global marketing campaign to support the largest innovation launch in the company's history, omni-heat infinity, was off to a great start. The brand believes it can achieve mid-teens or better net sales growth in 2022, on top of the low-twenties per cent growth anticipated in 2021, and is excited about its innovative product pipeline and the momentum it sees across the brand portfolio.