Columbia Sportswear reports Q2 net income of 9.7 million dollars

Columbia Sportswear Company has reported net sales of 481.6 million dollars for the quarter ended June 30, 2018, an increase of 21 percent or 19 percent constant-currency. The company’s non-GAAP net sales of 474.1 million dollars increased 19 percent or 17 percent constant-currency. Second quarter net income, the company said, increased to 9.7 million dollars or 0.14 dollar per diluted share, compared with net loss of 11.5 million dollars, or 0.17 dollar per share. Non-GAAP net income increased to 11.3 million dollars or 0.16 dollar per diluted share, compared with net loss of 9 million dollars, or 0.13 dollar per share.