Mitigation efforts could not offset $7.1 million of incremental tariff expense in Q1, sending net income down 75% to $1,259,000 from $4,941,000 despite 9% sales growth to $124,401,000 from $114,073,000. Top-line momentum continued from the Holiday quarter, driven by strength in Xtratuf and Muck, and cold weather on the East Coast powered extended demand for winter styles. Wholesale sales grew 5% to $78.4 million, retail sales jumped 17% to $42.7 million, and contract manufacturing was up 25% to $3.3 million.

Xtratuf sales increased high-teens, growing across wholesale, e-commerce, and marketplaces, with big-box ... Log in to view full article.