European annuals gained 17%, Canada sales grew 13%, and domestic sales inched forward 2%, offsetting declines in the company’s Latin America and Asia-Pacific market, down 5% for the year.

By brand, Columbia sales lifted 8%, offsetting a collective 31% decline in its other brands’ sales (PrAna, Sorel, and Mountain Hardwear).

“For the year, net sales grew 11% to a record $3.5 billion, and were up 14% on a constant-currency basis. I believe this financial performance could have been even higher, absent supply chain constraints which severely delayed inventory availability throughout the year,” ​said chairman, president and chief executive officer, Tim Boyle

“We are entering 2023 in a position of strength, with strong consumer demand for our innovative products. With the early receipt of spring merchandise, we are well positioned for timely deliveries, and have strategies in place to profitably and efficiently reduce inventory levels. Our financial strength, with over $400 million in cash and no debt, and our operating discipline will enable us to navigate near-term headwinds and position us to emerge in a stronger position,” added Boyle.

Looking ahead, Columbia said it expects net sales growth of mid-single-digit percent for the first half of 2023, compared to first half 2022.