05:30 PM EDT, 07/25/2024 (MT Newswires) -- Columbia Sportswear ( COLM ) posted Q2 loss late Thursday of $0.20 per diluted share, compared with earnings of $0.14 a year ago.

Analysts polled by Capital IQ expected a loss of $0.34.

Net sales for the quarter ended June 30 were $570.2 million, down from $620.9 million a year earlier.

Analysts surveyed by Capital IQ expected $569.3 million.

The company reaffirmed its 2024 earnings outlook of $3.65 to $4.05 per share on net sales of $3.35 billion to $3.42 billion. Analysts surveyed by Capital IQ expect $3.88 and $3.39 billion, respectively.