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Article Date: July 2020
Word Count: 145

Liberty Safe and Velocity Outdoors Post Big Q2 Gains


Compass Diversified’s sporting goods brands had mixed results in the second quarter, as Liberty Safe and Velocity were well-positioned to benefit from the pandemic, 5.11 has a single-digit decline, and newly acquired Marucci suffered from the suspension of team sports. The specifics: 5.11 Tactical sales declined 6% to $87,635,000 from $92,836,000 and operating income was also down, dropping 7% to $4,702,000 from $5,073,000.++++Liberty Safe sales jumped 19% to $24,453,000 from $20,633,000 as at ... Log in to view full article.

 


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