CODI’s sports brands presented a mixed bag in the first quarter, led by a 7% sales increase at BOA to $52,107,000, driven by adult premium performance growth across cycling, workwear, outdoor, and snow sports. This was damped by reduced kids’ sales in China. Segment operating income rose 18% to $16,129,000, on sales leverage and expanded gross margins. Velocity Outdoor sales tallied $13,826,000, up 5%, led by King’s Camo and incremental gains in crossbows. Operating loss narrowed 60% to $1,122,000, driven by a 760 b.p. gross margin expansion to 33.1%.

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