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Article Date: March 2023
Word Count: 404

Compass Diversified Reports Sports Brands Results


Revenue at CODI’s 5.11 was up 9% to $135,605,000 from $123,954,000, with EBITDA posting an 18% gain to $19,635,000 over $16,608,000, as strong e-commerce performance kept DTC comps positive. BOA saw continued supply chain struggles and inventory destocking drop sales down 6% to $42,473,000 from $45,117,000 and put EBITDA off 4% to $12,617,000 compared to $13,171,000. CODI expects continued headwinds for the brand through H1 before a return to growth in the back half. Model count from brand partners using BOA technology is expected up 10% across the fall/winter ’23 season, ... Log in to view full article.

 


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