EXEC: Primaloft Posts Double-Digit Growth as Market Recovers from Inventory Woes

February 28, 2025

Compass Diversified’s (CODI) Branded Consumer net sales, which includes 5.11 Tactical, Boa, The Honey Pot, Lugano, Primaloft, and Velocity Outdoor, increased 8 percent in the 2024 fourth quarter to $403.0 million year-over-year.

Net sales for the year ended December 31, 2024, were $74.2 million, an increase of $7.2 million compared to net sales of $67.1 million in 2023. Gross profit for 2024 increased by $4.6 million from the full year 2023, but the gross margin remained flat at 62.7 percent for both years. SGB