5.11 Shines For CODI In Q3 But Outlook Tempered As Investments Mount

Compass Diversified Holdings CEO Elias Sabo called tactical gear brand 5.11 a “significant driver” for CODI in the third quarter as 10.1 percent revenue growth surpassed the parent company’s expectations, but he also warned that heavy investments will take a toll on the brand’s earnings in the short term.

Vista Outdoor Lifts EPS Guidance On Cost-Reduction Initiatives

Vista Outdoor Inc. slightly raised its earnings guidance on an adjusted basis for the year as expectations for sales and earnings exceeded plans in the second quarter ended September 30. Shooting Sports segment generated sequential sales growth, while Outdoor Products segment sales remained flat adjusted for the sale of its eyewear brands.

Fitbit Beats On Q3 Earnings & Revenue

Global wearables brand Fitbit Inc. on Wednesday reported revenue for the third quarter ended September 29 of $394 million topping Wall Street estimates by $12.3 million. The company also reported GAAP net loss per share of 1 cent, beating estimates by 5 cents.

Good To-Go Continues To Expand Production Facility, Staff

Elevating expectations of what prepared meals can taste like continues to be a big job for Maine’s Good To-Go. This fall, the brand completed a 900 square foot addition to the new building the company built two years ago, while adding another two members to the office and three to production.

Under Armour’s Shares Pop As Transformation Gains Traction

Shares of Under Armour shot up $5.04, or 27.7 percent, to $23.23 Tuesday, the stock’s highest one-day gain since 2008, as the company reported third-quarter earnings that more than doubled Wall Street’s consensus expectations. On a conference call with analysts, Kevin Plank, CEO, described the performance as “another solid proof point that our multiyear journey toward becoming a more operationally excellent company is on track.”

NSAA Welcomes Two New Members To Board Of Directors

The National Ski Areas Association (NSAA) on Tuesday announced two new members to the association’s board of directors: Wesley (Wes) Kryger (president, Greek Peak and Toggenburg mountains) and J.R. Murray (general manager, Arizona Snowbowl).