Columbia Sportswear Company provided earnings guidance for the second quarter of 2024. For the quarter, Net sales are expected to be $557 to $576 million, representing a decline of 10 to 7$ from $620.9 million for the comparable period in 2023. Operating loss is expected to be $42 to $27 million, resulting in operating margin of (7.6) to (4.7)%, compared to operating margin of 1.0% in the comparable period in 2023.

Diluted earnings (loss) per share is expected to be $(0.46) to $(0.26), compared to $0.14 for the comparable period in 2023.