Net loss narrowed to $4,391,000 in the second quarter from a loss of $20,767,000 a year ago, as sales declined 4% to $88,460,000 from $92,257,000, with growth within its Watersports segment not able to offset slowing Chubbies and Solo Stove sales. Stove sales slipped 15% to $32.7 million, and segment EBITDA grew 6% to $3.6 million. Chubbies dropped 9% to $40.6 million on lower DTC sales, partially offset by higher retail channel sales, while segment EBITDA ... Log in to view full article.
