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K2 Inc reports net sales and Q3 financial results

20
Oct '05
Branded consumer products firm K2 Inc reported net sales for the third quarter ended September 30, 2005 of $340.4 million versus $333.5 million in the prior year. GAAP diluted earnings per share were $0.32 in the third quarter of 2005 as compared to $0.26 for the third quarter of 2004. Operating income in the third quarter of 2005 was $32.0 million as compared to $27.6 million for the 2004 comparable period, and net income for the 2005 third quarter was $16.7 million, as compared to $13.2 million for the third quarter of 2004.

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Apparel and footwear seller K2 Inc is a premier, branded consumer products company with a portfolio of leading brands including Shakespeare, Pflueger and Stearns in the Marine and Outdoor segment; Rawlings, Worth, and K2 Licensed Products in the Team Sports segment; K2, Volkl, Marker, Ride and Brass Eagle in the Action Sports segment; and, Adio, Marmot and Ex Officio in the Apparel and Footwear segment.

K2's diversified mix of products is used primarily in team and individual sports activities such as fishing, watersports activities, baseball, softball, alpine skiing, snowboarding and in-line skating. Among K2's other branded products are Hodgman waders, Miken softball bats, Tubbs and Atlas snowshoes, JT and Worr Games paintball products, Planet Earth apparel, Hawk skateboard shoes, and Sospenders personal flotation devices

K2 Inc


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