Compass Diversified’s 5.11 and Crosman Gain, Liberty Safe Declines
CODI’s sporting goods brands posted mixed results in Q1, as 5.11 Tactical and Crosman had year-on-year gains, but Liberty Safe continued to struggle. 5.11 revenue increased 7% to $84.0 million from $78.5 million, and was up 23% excluding non-recurring agency sales last year, boosted by 68% higher DTC sales. Operating income was off 39% to $5.9 million from $9.7 million. ... Log in to view full article.
