Columbia’s Q3 sales dip, but gross margin improves
Despite a 5 percent decline in revenues largely attributable to weak consumer demand in the US, Columbia Sportswear improved its Q3 gross margin by 150 basis points to 50.2 percent due to lower freight costs and a favorable channel and regional sales mix.
Columbia Sportswear saw a 5% revenue decline in Q3, but it boosted its gross margin thanks to lower freight costs and a favorable sales mix. Despite lower US demand, growth in EMEA and LAAP regions balanced results.
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