CODI’s largest sports brand, 5.11 Tactical, contracted by 4% to $126,499,000 from $131,442,000 in the second quarter, but BOA and Primaloft posted 20%-plus revenue growth and big profit gains. A decline in both U.S. direct-to-consumer and wholesale sales was partially offset by growth in EMEA, Australia, and Canada. 5.11’s segment income increased 57% to 7,607,000 from $4,858,000, helped by an unspecified IEEPA tariff refund and a higher mix of full-price sales.
BOA Technology’s sales grew 22% to $59,068,000 from $48,369,000 in the quarter, and income increased 65% to $14,832,000 from $9,014,000. Revenues ... Log in to view full article.