USA: Strong European Sales Boost Columbia's Results
Leading outerwear and footwear firm, Columbia Sportswear Co, has posted a 17.2 per cent climb in second quarter net profit to $7.5 million compared to the year-ago period and a 2.2 per cent rise in sales to $124.2m The Oregon-based company said US sales fell 1.3 per cent to $86.9m, Canadian sales dropped 8.9 per cent to $7.2m, European sales rose 9.6 per cent to $14.8m and other international sales (excluding European direct sales) jumped 25.4 per cent to $15.3m.
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