Net loss attributable to shareholders tallied $141,000 in Q4, dinged by a 71% jump in interest expense against last year’s profit of $4,051,000 on sales that were up 6% to $352,837,000 from $332,495,000. Gross margin expanded 120 b.p. to 28.9% as it lapped acquired inventory valuation markup from Marucci in the prior year. Total operating expenses increased 12% on a full quarter of Marucci, deleveraging 130 b.p. to 25.7% of sales, partially offset by a decrease in other acquisition and integration-related expenses.

Specialty Sports was up 33% to $124.5 million, led by ... Log in to view full article.