The Titleist and FootJoy parent narrowed its net loss attributable to shareholders to just $1,116,000 in the fourth quarter from a loss of $26,808,000 in the seasonally slow period, as revenues expanded by 8% to $445,169,000 from $412,961,000.

Net loss attributable to shareholders tallied $141,000 in Q4, dinged by a 71% jump in interest expense against last year’s profit of $4,051,000 on sales that were up 6% to $352,837,000 from $332,495,000.

The two brands posted double-digit revenue growth and bottom-line improvements for Compass Diversified in the final quarter, while 5.11 and Velocity Outdoor struggled to finish the year.

The bottom line was a profit of A$4,759,000 ($3.1 mm) for the fiscal first half ended Dec. 31, down 3% from A$4,907,000 prior, on revenue that declined 12% to A$95,291,000 ($62.3 mm) from A$107,960,000.

The flashlight maker elevated Michael Dineen, the company’s chief revenue officer, to president, succeeding Raymond Sharrah, who will remain as CEO.

The Solo Stove and Chubbies parent received a notice from the exchange for non-compliance with listing standards due to its share price falling below $1.00 for a 30-day period.

Canyon Bicycles is recalling about 1,780 Speedmax CF triathlon bicycles because the aerostem fork steerer tube can crack or break.