CODI’s sporting goods brands posted mixed results in the first quarter, with 5.11 Tactical and Boa outperforming, but PrimaLoft and Velocity Outdoor continuing to struggle. Revenues at 5.11 inched higher to $124,974,000 from $124,452,000, and segment profits increased 6% to $8,167,000 from $7,670,000. Solid growth in the professional channel offset weakness in direct-to-consumer due to soft market demand and unspecified “self-induced challenges” which have since been corrected.

Boa’s recovery from last year’s woes gained momentum as orders from brands and manufacturers ramp up, sending the top line 13% higher to $42,903,000 from ... Log in to view full article.