Columbia Sportswear Company

Several major shoe and apparel companies have received refunds for reciprocal tariffs imposed last year under the International Emergency Economic Powers Act that were ruled illegal by the U.S. Supreme Court in February. Target Corp. received $994 million in the second quarter ended Aug. 1, while Nike Inc. received $986 million as of July 31, including a $302 million refund that boosted fourth-quarter net income by 407 percent. Columbia Sportswear Co. received $78 million, Amer Sports Inc. received $50.1 million, and Weyco Group Inc. has received $18.6 million of its $19.3 million in claims. Consumer lawsuits filed against companies such as Costco and Nike seek to distribute refunds to shoppers who paid higher prices, but the U.S. Customs and Border Protection is only processing refunds for registered importers of record, and retailers do not necessarily know which customers bought which items.

Columbia Sportswear reported a second-quarter profit of $26.6 million, or $0.52 per share, swinging from a loss a year earlier, and raised its fiscal 2026 earnings outlook. The results included a $0.93 per share benefit from the recovery of U.S. IEEPA tariffs. Net sales rose 1.5% to $614.4 million, while gross margin expanded to 58.3% from 49.1%, primarily due to the tariff recovery. For fiscal 2026, the company now expects earnings of $4.45 to $4.90 per share, up from its prior forecast of $3.55 to $4.00 per share, while maintaining its revenue growth outlook of 1% to 3%, implying revenue of $3.43 billion to $3.50 billion.

Zacks Investment Research recommends five health and fitness stocks that delivered strong first-half returns and carry favorable Zacks Ranks, signaling further upside. Columbia Sportswear, a Zacks Rank #1, is advancing its ACCELERATE strategy targeting younger consumers and has seen its current-year earnings estimate rise 3.8% over the last 30 days. OneSpaWorld Holdings, a Zacks Rank #2 provider of wellness services on cruise ships and on land, has a current-year earnings growth estimate of 17.2% and a 3.6% upward revision in the past 60 days. United Natural Foods, also a Zacks Rank #2, is benefiting from efficiency initiatives and private-brand innovation, with next-year earnings estimates up 10.9% over the last 30 days. Vita Coco, a Zacks Rank #1, is projected to grow earnings 47.9% this year and has seen estimates climb 11.4% over 60 days. Life Time Group, a Zacks Rank #2 operator of health and fitness communities, has a current-year earnings growth estimate of 16% and a 5% positive revision over 60 days.