Mountain Hardwear Down 9% in Q3 as Brand Works on Refresh
October 30, 2023
Outdoor apparel and gear brand Mountain Hardwear posted sales of $29.2 million for the third quarter ended Sept. 30, down 9% compared to the same period last year.
The decline was driven by lower fall 2023 wholesale shipments, and was partially offset by DTC growth, said Tim Boyle, CEO of parent company Columbia Sportswear, on a conference call with investors.
The 30-year-old Mountain Hardwear brand is in the middle of a “comprehensive brand refresh,” Boyle said. The Daily Outdoor Retailer
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