Net income at the cooler and drinkware brand declined 6% in Q3 to $42,657,000 from $45,520,000 on flat sales of $433,561,000 compared to $433,556,000, as big gains in direct-to-consumer offset wholesale softness. DTC jumped 14% to $259.5 million led by the Amazon Marketplace business, boosted by higher overall transactions on owned e-commerce that were partially offset by lower AOV. Wholesale dropped 16% to $174.1 million hit by the absence of the recalled M-series soft coolers during peak summer months and facing tough comps from last year’s major sell-in after the supply ... Log in to view full article.