Columbia Sportswear Files 8-K for Financial Updates
Ticker: COLM · Form: 8-K · Filed: Oct 30, 2024 · CIK: 1050797
| Field | Detail |
|---|---|
| Company | Columbia Sportswear CO (COLM) |
| Form Type | 8-K |
| Filed Date | Oct 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.30, $600 million, $114.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, sec-filing, results-of-operations
Related Tickers: COLM
TL;DR
COLUMBIA SPORTSWEAR (COLM) filed an 8-K on 10/30/24 detailing financial results and other material events.
AI Summary
Columbia Sportswear Company announced on October 30, 2024, that it is filing a Form 8-K. The filing pertains to the company's results of operations and financial condition, as well as Regulation FD disclosures and other events. It also includes financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Columbia Sportswear's financial performance and operational status, which can influence investor decisions.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Numbers
- 000-23939 — SEC File Number (Identifies the specific SEC filing for Columbia Sportswear Company.)
- 93-0498284 — IRS Employer Identification No. (Provides the company's tax identification number.)
Key Players & Entities
- Columbia Sportswear Company (company) — Registrant
- October 30, 2024 (date) — Date of earliest event reported
- Oregon (location) — State of incorporation
- Portland (location) — Address of principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose is to report on Columbia Sportswear Company's results of operations and financial condition, Regulation FD disclosures, other events, and to file financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on October 30, 2024.
What is Columbia Sportswear Company's state of incorporation?
Columbia Sportswear Company is incorporated in Oregon.
Where are Columbia Sportswear Company's principal executive offices located?
Columbia Sportswear Company's principal executive offices are located at 14375 Northwest Science Park Drive, Portland, Oregon.
What is the SEC file number for Columbia Sportswear Company?
The SEC file number for Columbia Sportswear Company is 000-23939.
Filing Stats: 729 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-10-30 16:05:23
Key Financial Figures
- $0.30 — s declared a quarterly cash dividend of $0.30 per share of common stock to be paid on
- $600 million — d the repurchase of up to an additional $600 million of Company common stock in market or ne
- $114.5 million — tions, in addition to the approximately $114.5 million remaining available at September 30, 20
Filing Documents
- colm-20241030.htm (8-K) — 27KB
- colmfy24q3exhibit991.htm (EX-99.1) — 311KB
- ex992cfocommentaryq32024.htm (EX-99.2) — 9KB
- ex992cfocommentaryq32024001.jpg (GRAPHIC) — 164KB
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- ex992cfocommentaryq32024022.jpg (GRAPHIC) — 29KB
- logo3a91.jpg (GRAPHIC) — 11KB
- 0001050797-24-000142.txt ( ) — 4803KB
- colm-20241030.xsd (EX-101.SCH) — 2KB
- colm-20241030_lab.xml (EX-101.LAB) — 22KB
- colm-20241030_pre.xml (EX-101.PRE) — 12KB
- colm-20241030_htm.xml (XML) — 3KB
02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On October 30, 2024, Columbia Sportswear Company (the "Company") issued a press release reporting its third quarter and first nine months 2024 financial results, updating its full year 2024 financial outlook, and announcing a quarterly dividend. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this report shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended. Attached hereto as Exhibit 99.2 and incorporated by reference herein is the CFO Commentary and Financial Review presentation by Jim A. Swanson, Executive Vice President and Chief Financial Officer of the Company, on the Company's third quarter 2024 financial results, as well as its 2024 financial outlook and preliminary first half 2025 commentary, as posted on the Company's investor relations website, https://investor.columbia.com , on October 30, 2024. The information in this report shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE In its October 30, 2024 press release, the Company announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock to be paid on December 4, 2024 to its shareholders of record on November 20, 2024.
01 OTHER EVENTS
ITEM 8.01 OTHER EVENTS In its October 30, 2024 press release, the Company announced that its Board of Directors has authorized the repurchase of up to an additional $600 million of Company common stock in market or negotiated transactions, in addition to the approximately $114.5 million remaining available at September 30, 2024 under the prior share repurchase authorization. The share repurchase program does not obligate the Company to acquire any specific number of shares or acquire shares over any specified period of time, and the share repurchase program may be commenced, modified, suspended, or discontinued at any time by the Company at its discretion.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 99.1 Press Release, dated October 30, 2024 (furnished pursuant to Items 2.02 and 7.01 hereof). 99.2 CFO Commentary and Financial Review Presentation, dated October 30, 2024 (furnished pursuant to Items 2.02 and 7.01 hereof). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COLUMBIA SPORTSWEAR COMPANY Dated: October 30, 2024 By: /S/ JIM A. SWANSON Jim A. Swanson Executive Vice President and Chief Financial Officer