Columbia Sportswear's Q3 Results Seen to Have Limited Stock Impact, UBS Securities Says

11:58 AM EDT, 10/20/2026 (MT Newswires) -- Columbia Sportswear (COLM) is expected to deliver largely in-line Q3 sales and earnings that are unlikely to draw meaningful stock reaction, UBS Securities said in a note Monday. Analysts also said investors anticipate a lower full-year 2026 guidance, with EPS likely to be set at $4.40 to $4.70 from current guidance range of $4.40 to $4.90. They also expect Q4 EPS guidance of $2.00 to $2.20, below the consensus estimate of $2.25, UBS said. The options market expects a post-earnings share price move of around 5.8%, slightly above the historical average of 5.5%, analysts said, adding that given already cautious expectations, they expect the actual stock reaction to be more muted. "We anticipate Columbia Sportswear's EPS growth to come below market expectations, leading to stock underperformance over the next 12 months," analysts said. The company is scheduled to report Q3 financial results on Oct. 29. UBS Securities maintained its $47 price target and sell rating on Columbia Sportswear. Shares of the company were up more than 2% in Tuesday trading. Price: 61.23, Change: +1.25, Percent Change: +2.08