Outerwear manufacturer Columbia Sportswear (NASDAQ: COLM) will be reporting results this Thursday after market close. Here’s what you need to know.

Columbia Sportswear beat analysts’ revenue expectations by 2.8% last quarter, reporting revenues of $605.2 million, up 6.1% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ constant currency revenue estimates but EPS guidance for next quarter missing analysts’ expectations significantly.

Is Columbia Sportswear a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Columbia Sportswear’s revenue to decline 1.4% year on year to $918.7 million, improving from the 5.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.17 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Columbia Sportswear has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Columbia Sportswear’s peers in the apparel and accessories segment, some have already reported their Q3 results, giving us a hint as to what we can expect. VF Corp’s revenues decreased 3.5% year on year, beating analysts’ expectations by 0.9%, and Levi's reported revenues up 7%, topping estimates by 2.9%. Levi's traded down 12.6% following the results.

Read our full analysis of VF Corp’s results here and Levi’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the apparel and accessories stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. Columbia Sportswear is up 2% during the same time and is heading into earnings with an average analyst price target of $58.22 (compared to the current share price of $52.70).

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