PORTLAND — Columbia Sportswear Co. (COLM) on Thursday reported fourth-quarter profit of $114 million.
On a per-share basis, the Portland-based company said it had net income of $1.67.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The maker of outdoor gear posted revenue of $954.9 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $951.5 million.
