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CamelBak sales gain 3% over the first six months

Published August 7, 2014

PETALUMA, Calif. (BRAIN) — CamelBak’s sales totaled $79.7 million in the first half of the year, up from $77.3 million in sales during the same period last year. Sales for the three months ended June 30 were approximately $40.9 million, an increase of $6.4 million, or 18.5 percent compared with the same period in 2013.

CamelBak attributed its increase in sales to a $9.5 million increase in bottle sales over the first half of the year, due mostly to international bottle sales of the Eddy, Podium and Chute bottles, and the introduction of a filtered pitcher, called the Relay. Sales of gloves were up $700,000, but hydration system sales were off $7 million and accessory sales were down $1 million.

The company attributed the drop in hydration system sales to the drawdown of U.S. combat troops, a big customer of the systems.

Topics associated with this article: Earnings/Financial Reports

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