Analysts Cut Q1 Earnings Forecast for Columbia Sportswear

Zacks Research reduces Q1 2026 EPS estimate for the outdoor apparel maker

Published on Feb. 27, 2026

Investment analysts at Zacks Research have reduced their Q1 2026 earnings estimates for Columbia Sportswear Company (NASDAQ:COLM). The firm now expects the textile maker to earn $0.35 per share for the quarter, down from their prior estimate of $0.72. Zacks Research currently has a "Strong-Buy" rating on the stock.

Why it matters

The reduced earnings forecast introduces near-term execution risk for Columbia Sportswear and could weigh on investor sentiment until the company demonstrates sales and margin stabilization. However, Zacks also raised medium- and longer-term earnings projections, signaling improved profitability expectations.

The details

Zacks Research analyst Team lowered the Q1 2026 EPS estimate for Columbia Sportswear from $0.72 to $0.35. The firm also reduced its Q2 2026 forecast from ($0.18) to ($0.33), and trimmed estimates for Q1 and Q2 2027 as well. Despite the near-term downgrades, Zacks raised its projections for Q3 and Q4 2026, Q3 and Q4 2027, full-year 2026, full-year 2027, and even issued a FY2028 view of $4.71 per share.

  • Zacks Research issued the revised estimates on Tuesday, February 24, 2026.

The players

Columbia Sportswear Company

An American outdoor apparel, footwear and accessories company founded in 1938 and headquartered in Portland, Oregon.

Zacks Research

An investment research firm that provides stock analysis, rankings and recommendations to investors.

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What they’re saying

“Zacks Research analyst Team now expects that the textile maker will earn $0.35 per share for the quarter, down from their prior estimate of $0.72.”

— Zacks Research analyst Team (Marketbeat.com)

The takeaway

The reduced near-term earnings forecast for Columbia Sportswear introduces some uncertainty, but the firm's improved medium- and longer-term projections suggest analysts see potential for the outdoor apparel maker to stabilize sales and margins over time. Investors will be watching closely to see if Columbia can execute on its plans.