Columbia Sportswear Company

Filing receipts

“Gross profit is summarized in the following table: Three Months Ended March 31, (in thousands, except for percentages and basis points) 2026 2025 Change Gross profit $ 394,962 $ 396,057 $ (1,095) — % Gross margin 50.7 % 50.9 % -20 bps Gross margin contracted primarily due to an unfavorable decrease in channel profitability driven by a 310 basis point unmitigated impact of incremental U.S. tariffs, partially offset by mitigation tactics, which primarily included targeted price increases for our Spring 2026 product lines.”

“Income tax expense and the related effective income tax rate are summarized in the following table: Three Months Ended March 31, (in thousands, except for percentages) 2026 2025 Change Income tax expense $ 12,965 $ 12,628 $ 337 3 % Effective income tax rate 27.4 % 23.0 % Our effective income tax rate increased primarily due to an expense related to share-based compensation for the three months ended March 31, 2026, compared to a benefit related to a decrease in accrued foreign withholding taxes included in the three months ended March 31, 2025.”

“nse $ 12,965 $ 12,628 $ 337 3 % Effective income tax rate 27.4 % 23.0 % Our effective income tax rate increased primarily due to an expense related to share-based compensation for the three months ended March 31, 2026, compared to a benefit related to a decrease in accrued foreign withholding taxes included in the three months ended March 31, 2025.”