Columbia Columbia Shares Jumped 17%

Columbia Co. Columbia recorded a record revenue of 767 million 600 thousand US dollars, up 13.7% from a year earlier of US $675 million 300 thousand. Chief executive Tim Boyle said that the three leading brands in the three quarter continued to perform strongly, with sales in major North American markets surging 26%.

American outdoor sporting goods manufacturer Columbia Sportswear Co. (NASDAQ:COLM)

The company released its three quarter earnings on Thursday, and the company recorded a $1.28 earnings per share in the three quarter of September 30, 2015, far exceeding the Zacks analyst's forecast of $1.07, up 37.6% from a year earlier of $0.93.

Benefiting from strong quarterly results, the outdoor sports Brand Company also raised its annual expectations. The company's stock price surged after double positive news. The deadline for issuing the news was 4:35PM up to 16.70% US $62.75.

In the three quarter, Columbia Co., Columbia recorded a record $767 million 600 thousand revenue, up 13.7% from a year earlier of $675 million 300 thousand, far exceeding the Zacks analyst's estimated $732 million 600 thousand.

Columbia's brand contributed $609 million 700 thousand, the brand's revenue grew 10% in the three quarter, the fixed exchange rate increased by 14%, and net profit realized 91 million 61 thousand dollars, up 38.7% from the 65 million 644 thousand US dollars in the same period last year.

Columbia Co., chief executive of Columbia Tim Boyle, said the three main brands of the group, Columbia, Sorel and prAna, continued to perform strongly, and sales in the main North American market surged by 26%.

However, in the three quarter, the Latin American / Asia Pacific market was weak, the fixed exchange rate fell by 5%, and the dollar fell by 11%, mainly due to the downturn in the Asia Pacific market.

In the three quarter, the gross profit margin of Columbia Co., Columbia rose to 100 with a base point of 46.4%, and operating profit rose 35% to $132 million 300 thousand. The group also raised quarterly dividends to $0.17, up 13% over the same period.

Columbia Co. Co. increased Columbia's annual EPS forecast to US $2.32 US $-2.37, which was expected to be US $2.15 -2.25 US dollars. We expect annual revenue to rise to US $2 billion 300 million, an increase of 10.5% over the same period, a 14.5% increase in fixed exchange rate, and an expected operating profit growth of US $239 million to US $239 million billion.

Thursday, Columbia Co.

At $53.77, it rose 1.90%, and its stock price has risen 21% so far.