Comprehensive net income at the Australian action sports company fell 30% to A$5,931,000 ($3,974,000) from A$8,462,000 for the fiscal year ended Jun. 30 on 5% lower revenues of A$151,722,000 ($101,654,000) down from A$159,143,000. Gross margin contracted 30 b.p. to 45.9% year-over-year. Downward pressure from U.S. tariffs introduced early in the year and the strengthening U.S. dollar through the year were mostly offset by sourcing adjustments, wholesale price increases and DTC online sales growth. Domestic sales were pulled down 3% to A$79.3 million ... Log in to view full article.