Net results swung to an $18,927,000 loss against last year’s profit of $3,955,000 in the first fiscal quarter ending Dec. 27 on sales that were down 22% to $107,649,000 from $138,644,000, hit with significant declines across all segments. Fishing sales contracted 25% to $82.5 million, with operating income coming in at a loss of $8.3 million due to a challenging market and lapping strong sell-in of new products in the prior year quarter. Diving fell off ... Log in to view full article.
