CODI’s 5.11 Tactical segment swung to a net loss of $2,467,000 in the fourth quarter from a profit of $5,638,000 on an 18% sales increase to $95,899,000 from $81,528,000 but gross margin dropped 670 basis points to 43.4%. In 2018, 5.11’s loss expanded to $12,079,000 from a loss of $9,405,000 in 2017 as revenues gained 12% to $347,921,000 from $309,999,000.++++Velocity Outdoor, formerly Crosman, had a loss of $3,524,000 in Q4 against a profit of $11,009,000 as sales rose 8% to $37,030,000 from $34,185,000 but gross margin was down ... Log in to view full article.