Net income nearly tripled to $5,442,000 in the first quarter ended Mar. 20 from $1,951,000 last year on 59% higher revenues of $59,191,000 up from $37,289,000, with sales gains led by the archery and outdoor categories. Gross margin expanded by 210 basis points to 29.5% as product mix and operating efficiencies more than offset supply chain issues, higher ... Log in to view full article.
