Black Diamond (BDE) Misses Q1 EPS by 4c
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Black Diamond Reports First Quarter 2016 Results
May 2, 2016 4:06 PM EDTSALT LAKE CITY, May 02, 2016 (GLOBE NEWSWIRE) -- Black Diamond, Inc. (NASDAQ: BDE) (the Company), a global leader of innovative active outdoor performance equipment and apparel, under the brand name Black Diamond®, reported financial results for the first quarter ended March 31, 2016.
Reported results are from continuing operations, excluding the results of POC Sweden AB and POC USA, LLC for all periods presented.
First Quarter 2016 Financial Summary vs. Same Year-Ago Quarter
Sales of $38.2 million, down 9% (down 4% in constant currency).Gross margin of 28.7%, down 670 basis points (down 290 basis points in constant... More