Three of the four Compass Diversified sporting goods brands grew sales last quarter, with 5.11 Tactical, Boa, and Primaloft improving and only Velocity Outdoor lower after divesting its airgun business earlier this year. 5.11, which is CODI’s largest brand in the space, saw revenues improve 3% to $139,218,000 from $135,213,000, and segment income grew 11% to $14,937,000 from $13,400,000. Velocity sales tumbled 47% to $28,809,000 from $54,469,000 but swung to a $1,486,000 ... Log in to view full article.
