Continued softness in outdoor equipment demand pressured third quarter results, with a net loss expanding to $3,157,000 from a loss of $1,264,000 as revenues tumbled 17% to $67,115,000 from $81,302,000. The outdoor segment declined 19% to $49.3 million and Adventure segment sales dropped 12% to $17.8 million. Full-year revenue outlook was cut to $260 to $266 million from $270 to $280 million prior guidance, and adjusted EBITDA is now seen coming in between $7 and $9 million, rather than $11 to $14 million.

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