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Stock impact report

Compass Diversified Reports Third Quarter 2024 Financial Results

D/B/A Compass Diversified Holdings Shares of Beneficial Interest (CODI) 
Last d/b/a compass diversified holdings shares of beneficial interest earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.compassequity.com
Company Research Source: GlobeNewswire
WESTPORT, Conn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended September 30, 2024. “Despite a dynamic macroeconomic environment, we had another great quarter,” said Elias Sabo, CEO of Compass Diversified. “Our differentiated business model and strong operating companies position us to create long-term value for all stakeholders. In the third quarter, we saw double-digit sales growth driven by continued demand in our Branded Consumer businesses. Our Industrial businesses are stabilizing and delivered low single-digit growth in the quarter. Given our momentum, we are raising our 2024 outlook and believe we are well positioned for growth in 2025 and beyond.” Third Quarter 2024 Financial Summary vs. Same Year-Ago Period (where applicable) Net sales up 11.8% to $582.6 million and up 6.6% on a pro f Show less Read more
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