BD Performance Is Growing, And International Market Is Better.

For the first quarter's performance, Black Diamond CEO Peter Metcalf was very satisfied.

"After the successful fiscal year 2014, we achieved double-digit sales growth in the first quarter of 2015, while the gross profit margin improved substantially and the operating cost continued to decrease. In fact, under the condition of neutral exchange rate, our sales volume has achieved double-digit growth for 4 consecutive quarters, and gross profit margin has been improving continuously for three consecutive quarters. We basically keep sales growth in all major sales areas. "

A few days ago, its Black Diamond Inc, which owns three brands of Black Diamond Equipment, Poc Sports and Pieps, released its first quarter 2015 earnings report. As of the first quarter of March 31st, the company achieved remarkable results again, and the whole industry showed a strong growth trend throughout the region, thereby pushing sales up 13% to 50 million 300 thousand US dollars from 44 million 400 thousand US dollars in the same period last year, of which BD clothing and POC bicycle products are the main engine of growth. Excluding the negative effects of the exchange rate, Black Diamond Inc grew by 18% in the first quarter.

Excluding the adverse effects of 260 basis points, gross margin increased by 30 basis points to 37.8% in the first quarter of 2015 compared with 37.5% in the same period last year. If the effect of foreign exchange is not calculated, gross margin will rise by 290 basis points. High margin product mix and channel structure, as well as effective adjustment of Gregory sales strategy, have become effective tools to support growth.

First quarter, adjustment The profit before interest tax depreciation and amortization increased from $2 million 200 thousand to $1 million 900 thousand, compared with the same period last year, and the profit loss from continuing operations decreased by half to 1 million 700 thousand US dollars from 3 million 400 thousand US dollars in the same period last year. From continuing Management Adjusted net income (excluding non cash items) increased to $1 million in the current quarter, compared with a loss of $2 million 600 thousand during the same period last year.

Black Diamond expects Sales volume It will reach US $208 million, an increase of about 8 percentage points over the same period (excluding the impact of the exchange rate will increase by 11 percentage points over the same period). Gross margin will also be further improved to 40%.

Black Diamond Inc's current strong performance of its three brands (Black Diamond Equipment, Poc Sports and Pieps) has prompted the board of directors of the company to consider the possibility of sale, and at the investor meeting held in March 16th, it announced that the two financial advisory companies have been engaged in the exploration of a comprehensive development strategy for every brand of the company, including the possibility of selling the two businesses separately. So far, many companies have expressed strong interest in this regard.

Black Diamond expects the results of the strategic assessment of the company's brand will be drawn in the third quarter. The company will not make any comments on the strategic assessment until there is a clear transaction before the board passes or decides to further disclose the appropriate disclosure or legal requirements. Black Diamond also does not guarantee that the strategic assessment will lead to the completion of any complete transaction.