Compass Diversified Holdings

Compass Diversified Holdings is a public company that owns and manages a diverse of middle-market businesses. The company offers its shareholders an opportunity to own profitable middle-market businesses that hold highly defensible positions in their individual market niches. Their model for creating shareholder value involves discipline in identifying and valuing businesses and proactive engagement with the management teams of the companies they acquire. Compass Diversified Holdings delivers a high level of transparency in its financial reporting and governance processes. The company was founded in 1998 and is based in Westport, Connecticut, United States.

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Compass Diversified Holdings reports record-breaking performance amidst market challenges

Compass Diversified Holdings showcased resilience and strategic agility in navigating market challenges, with a focus on growth and proactive M&A initiatives.
Despite inventory headwinds and high leverage, the company's strong performance, liquidity position, and international opportunities bode well for future growth.
Optimism surrounds the potential for exceeding core growth rates, improving leverage, and capitalizing on positive consumer spending trends.
Careful consideration of store expansion plans and efficient inventory management strategies highlight a balanced approach to driving sustainable growth.

Compass Diversified Holdings exceeds Q1 expectations, eyes European acquisitions

Compass Diversified Holdings (CODI) showcased strong Q1 performance, with growth in diversified subsidiaries despite challenges like inventory issues. The company is optimistic about a strong snapback for BOA and PrimaLoft in the second half of the year.

Compass Diversified Holdings beats Q2 expectations, eyes growth opportunities

CODI's Q2 2023 results exceeded expectations, with revenue up 2% YoY, adjusted EBITDA at $90.1 million, and maintained full-year guidance.
Strong performance seen in industrial businesses, while consumer businesses faced challenges, with a positive outlook for growth and profitability.
Focus on ESG initiatives, M&A activity, and market normalization expected to drive future growth and performance improvements.

Compass Diversified Holdings beats Q3 expectations, eyes growth opportunities

CODI's Q3 performance exceeded expectations, driven by strong EBITDA growth and margin expansion.
Despite revenue declines in industrial segments, positive EBITDA growth in consumer businesses bolstered overall results.
Challenges include regulatory uncertainties and softer demand expectations, countered by growth opportunities in e-commerce and strategic investments.
Overall, CODI's focus on sustainable value creation, debt reduction post-Marucci sale, and optimistic 2024 outlook position the company for continued success.

Compass Diversified Holdings reports strong Q4 performance and growth opportunities

Compass Diversified Holdings (CODI) delivered a strong Q4 performance with notable growth in subsidiary adjusted EBITDA.
The company's strategic focus on disruptive businesses and acquisitions like The Honey Pot company bode well for shareholder value.
Challenges lie in adjusted earnings growth due to tax rate differentials and high-growth subsidiaries like Lugano.
Opportunities exist in professional sector growth, potential acquisitions, and maintaining core growth rates.

Compass Diversified Holdings reports strong Q1 earnings and eyes growth opportunities in ESG and new products

Compass Diversified Holdings (CODI) had a strong quarter driven by performance in branded consumer businesses, while facing challenges in the industrial sector. The company raised its full-year earnings outlook and highlighted opportunities in ESG milestones and new product pipelines.

Compass Diversified Holdings reports resilient consumer performance amid industrial challenges

Compass Diversified Holdings (CODI) showcased strong performance in the consumer vertical, offsetting challenges in the industrial segment. The company reported revenue and adjusted EBITDA growth, maintaining its 2024 outlook. Analyst inquiries touched on various aspects of CODI's operations, highlighting both strengths and challenges across different subsidiaries.

Compass Diversified Holdings reports robust Q3 performance and strategic initiatives

Compass Diversified Holdings (CODI) delivered a strong performance in Q3 2024, showcasing growth and financial resilience.
Despite challenges in certain segments and operational areas, CODI's strategic focus on innovation and market sentiment bodes well for future success.
With raised guidance, strong financial metrics, and proactive initiatives, CODI remains well-positioned for continued growth and value creation.

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Compass expects $1 billion in adjusted Ebitda in 2028, driven by growth at Lugano Diamonds and other subsidiaries.

Compass Diversified Has a Growth Pitch For Investors

WESTPORT, Conn., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company”), an owner of leading middle market businesses, proudly announces the promotions of investment team members Raj Dalal, Lucas Scholhamer and Phoebe Madsen.

Compass Diversified Announces Investment Team Promotions

WESTPORT, Conn., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company's common shares (the “Common Shares”). The distribution for the three months ended December 31, 2023, is payable on January 25, 2024, to all holders of record of Common Shares as of January 18, 2024.

Compass Diversified Declares Fourth Quarter 2023 Distributions on Common and Series A, B and C Preferred Shares

WESTPORT, Conn., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced that it will host an investor day on Wednesday, January 17, 2024, from 8:00am to 2:15pm PT in Newport Beach, California.

Compass Diversified to Host Investor Day on January 17, 2024 in Newport Beach, California

WESTPORT, Conn., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the "Company”), an owner of leading middle market businesses, proudly announces the appointment of Anne Cavassa as the Chief Executive Officer of its subsidiary, PrimaLoft Inc., effective January 1st, 2024.

Compass Diversified Announces Appointment of Anne Cavassa as CEO of PrimaLoft

Compass Diversified offers investors access and transparency to the private equity industry. CODI has a track record of respectable total returns and invests in growth stage companies that provide cash flow and capital appreciation potential. The upcoming sale of Marucci will generate significant gains for CODI, which can be used to pay down debt and support its distribution.

Compass Diversified: Bag Up To 8% Yield On This Private Equity-Like Firm

WESTPORT, Conn., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today the completion of the Company's previously announced sale of its majority owned subsidiary, Wheelhouse Holdings, Inc. (“Marucci”), the parent company of Marucci Sports, LLC, to Fox Factory Holding Corp. (NASDAQ: FOXF) (“FOX”), a designer and manufacturer of performance-defining ride dynamics products primarily for a wide range of bicycles, on-road and off-road vehicles.

Compass Diversified Completes Sale of Marucci Sports

Compass Diversified (NYSE:CODI ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Cody Slach - Gateway Group Elias Sabo - Chief Executive Officer Pat Maciariello - Chief Operating Officer, Compass Group Management Ryan Faulkingham - Chief Financial Officer Conference Call Participants Larry Solow - CJS Securities Robert Dodd - Raymond James Chris Kennedy - William Blair Barry Haimes - Sage Asset Management Operator Good afternoon, and welcome to Compass Diversified's Third Quarter 2023 Conference call. Today's call is being recorded.

Compass Diversified (CODI) Q3 2023 Earnings Call Transcript

Compass reported better-than-expected earnings and said it would generate a gain of around $235 million on the Marucci sale.

Compass Is Selling Bat-Maker Marucci to Fox Factory. The Deal Looks Like a Home Run.

WESTPORT, Conn., Nov. 02, 2023 (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, 2023.

Compass Diversified Reports Third Quarter 2023 Financial Results

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WESTPORT, Conn., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the third quarter ended September 30, 2023, on Thursday, November 2, 2023, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, November 2, 2023, at 5:00 p.m. ET.

Compass Diversified Announces Third Quarter 2023 Earnings and Conference Call Information

WESTPORT, Conn., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company's common shares (the “Common Shares”). The distribution for the three months ended September 30, 2023 is payable on October 26, 2023 to all holders of record of Common Shares as of October 19, 2023.

Compass Diversified Declares Third Quarter 2023 Distributions on Common and Series A, B and C Preferred Shares

Compass Diversified (CODI) has returned a significant amount of capital to shareholders with a yield over 5%. CODI's diverse investment strategy allows them to explore opportunities across different sectors of the economy. Despite macro headwinds, CODI's industrial businesses are expected to continue producing solid growth and adjusted EBITDA.

Compass Diversified - A Diverse Company Yielding Over 5% Currently

Compass Diversified has high levels of debt and unclear trajectory, making it a risky investment. The company's financial metrics have not met the minimum requirements. It's a pass for me until I see the metrics improve, although current investors are getting a decent dividend yield.

Compass Diversified: Need Financials To Improve Before I Invest

Compass Diversified (NYSE:CODI ) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Elias Sabo - Chief Executive Officer Pat Maciariello - Chief Operating Officer, Compass Group Management Ryan Faulkingham - Chief Financial Officer Conference Call Participants Larry Solow - CJS Securities Derek Sommers - Jefferies Matthew Howlett - B. Riley Operator Good afternoon, and welcome to Compass Diversified's Second Quarter 2023 Conference call.

Compass Diversified (CODI) Q2 2023 Earnings Call Transcript

WESTPORT, Conn., Aug. 02, 2023 (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 June 30, 2023.

Compass Diversified Reports Second Quarter 2023 Financial Results

WESTPORT, Conn., July 19, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the second quarter ended June 30, 2023, on Wednesday, August 2, 2023, after the close of market trading. The Company has scheduled a conference call to discuss the results on Wednesday, August 2, 2023, at 5:00 p.m. ET.

Compass Diversified Announces Second Quarter 2023 Earnings and Conference Call Information

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WESTPORT, Conn., July 05, 2023 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses, announced today that Mr. C. Sean Day retired from the Board of Directors (the “Board”) of Compass Group Diversified Holdings LLC (together with CODI, the “Company”), effective as of June 30, 2023, for personal health reasons. Mr. Day joined the Board in 2006, concurrent with CODI's initial public offering, and served as Board Chair until July of 2022.

Compass Diversified Holdings Announces Changes to its Board of Directors; Long-Standing Director C. Sean Day Retires

WESTPORT, Conn., July 05, 2023 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company's common shares (the “Common Shares”). The distribution for the three months ended June 30, 2023 is payable on July 27, 2023 to all holders of record of Common Shares as of July 20, 2023.

Compass Diversified Declares Second Quarter 2023 Distributions on Common and Series A, B and C Preferred Shares

Here is how Compass Diversified Holdings (CODI) and Kinsale Capital Group, Inc. (KNSL) have performed compared to their sector so far this year.

Is Compass Diversified Holdings (CODI) Outperforming Other Finance Stocks This Year?

Compass Diversified shares are undervalued due to a low in its earnings cycle and expected solid EPS growth in the coming quarters. CODI's price-to-book ratio is near its long-term average, but steadier profits lead to an attractive P/E, warranting a valuation premium. The stock chart exhibits a golden cross, but there is a high amount of volume by price up to the $24 level, making it tough for bulls technically.

Compass Diversified: Near Trough Earnings, Attractive Valuation When Looking Ahead

Compass Diversified Holdings (CODI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

News for Compass Diversified Holdings Stock (CODI)