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Article Date: March 2018
Word Count: 136

Compass Diversified’s SG Brands Deliver Mixed 2017

5.11 Tactical finished the year with sales of $309,999,000, up 5% from $295,256,000 despite an ERP implementation which pushed some 2017 sales into 2018. Gross margin expanded 300 basis points to 41.2% but stock compensation expense pushed SG&A $17 million higher, resulting in an operating loss of $7,121,000 against a loss of $3,852,000 in 2016. Crosman, acquired last June, saw 2017 sales inch up 1% to $120,033,000 from ... Log in to view full article.


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