Please reference the CFO Commentary exhibit for a detailed review of COVID-19 pandemic related issues. This document contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the Company’s expectations, anticipations or beliefs about sales volumes and net sales for fiscal year 2020. Based on cost-containment actions and lower variable expenses, the Company remains on track to lower 2020 operating expenses by more than $100 million, in comparison to last year, before any related one-time costs. This non-GAAP financial measure also facilitates management's internal comparisons to our historical net sales results and comparisons to competitors' net sales results. To supplement financial information reported in accordance with GAAP, the Company discloses constant-currency net sales information, which is a non-GAAP financial measure, to provide a framework to assess how the business performed excluding the effects of changes in the exchange rates used to translate net sales generated in foreign currencies into United States dollars. Apr 17, 2020 Columbia Sportswear Company Provides COVID-19 Business and Financial Liquidity Update; Withdraws First Half and Full Year 2020 Financial Outlook; … Verzögerung Deutsche Börse: 15 Min., Nasdaq, NYSE: 20 Min. Our financial position remains strong with $476 million in cash and short-term investments. Save on outdoor gear for men, women and kids. Loss on disposal or impairment of property, plant, and equipment, and right-of-use assets Founded in 1938 in Portland, Oregon, the Company's brands are today sold in approximately 90 countries. See all Finance Manager salaries … ET on Thursday, July 30, 2020. Other Financial Updates. Finance Manager salaries at Columbia Sportswear can range from $100,472-$108,549.

To learn more, You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Delayed quotes by Sungard.NYSE and AMEX data is at least 20 minutes delayed. The non-GAAP financial measures presented may not be comparable to similarly titled measures reported by other companies. At June 30, 2020, $82.2 million remained available under the current stock repurchase authorization. Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: ExxonMobil erleidet Milliardenverlust in Corona-Krise. Columbia Sportswear Company (NASDAQ: COLM, the "Company"), a leading innovator in active outdoor lifestyle apparel, footwear, accessories and equipment, today announced second quarter 2020 financial results for the period ended June 30, 2020 and updates regarding COVID-19 impacts and the Company's response. Columbia Sportswear Company plans to report third quarter 2020 financial results on Thursday, October 29, 2020 at approximately 4:00 p.m. Second quarter sales and profitability declines clearly reflect the global effects of the ongoing pandemic. Since Columbia Sportswear Company is a global company, the comparability of its operating results reported in United States dollars is affected by foreign currency exchange rate fluctuations because the underlying currencies in which it transacts change in value over time compared to the United States dollar. New factors emerge from time to time and it is not possible for the Company to predict or assess the effects of all such factors or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. The Company's Board of Directors will continue to evaluate potential for future dividend distributions. The monthly returns are then compounded to arrive at the annual return. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Free returns.

In particular, investors may find the non-GAAP financial measure useful by reviewing our net sales results without the volatility in foreign currency exchange rates. Tax payments related to stock-based compensation Entering the second quarter, the vast majority of owned stores across the U.S., Europe, Japan and Canada were closed due to the pandemic, in addition to many of the Company's wholesale customers’ and international distributors' doors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. I’m confident our global team of employees, powerful brand portfolio, strong financial position and operating discipline will all contribute to Management believes that this non-GAAP financial measure reflects an additional and useful way of viewing an aspect of our operations that, when viewed in conjunction with our GAAP results, provides a more comprehensive understanding of our business and operations. Zacks Ranks stocks can, and often do, change throughout the month. ET. Provision for uncollectible accounts receivable

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