WESTPORT, Conn., Oct. 19, 2016 /PRNewswire/ -- Compass
Diversified Holdings (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, 2016, on Wednesday, November 2, 2016, after the close of
market trading. The Company has scheduled a conference call to
discuss the results on Thursday, November 3,
2016 at 9:00 a.m. ET.
The conference call will feature remarks by Alan Offenberg, Chief Executive Officer,
Ryan J. Faulkingham, Chief Financial
Officer, and Elias J. Sabo, a
founding partner of Compass Group Management LLC. To participate in
the call, please dial (855) 212-2368 (domestic) or (315) 625-6886
(international). The passcode is 95434257. Please dial into the
call at least five minutes before the scheduled start time.
The conference call will also be available via a live
listen-only webcast and can be accessed through the Investor
Relations section of CODI's website,
www.compassdiversifiedholdings.com. Please allow extra time prior
to the call to visit the site and download any necessary software
that may be needed to listen to the Internet broadcast.
For interested individuals unable to join the live conference
call, a replay of the call will be available through November 10, 2016 at (855) 859-2056 (domestic) or
(404) 537-3406 (international). The passcode for the call and
replay is 95434257. An online archive of the webcast will be
available on the Company's website for 30 days following the
call.
About Compass Diversified Holdings ("CODI")
CODI owns
and manages a diverse family of established North American middle
market businesses. Each of its current subsidiaries is a leader in
its niche market.
CODI maintains controlling ownership interests in each of its
subsidiaries in order to maximize its ability to impact long term
cash flow generation and value. The Company provides both debt and
equity capital for its subsidiaries, contributing to their
financial and operating flexibility. CODI utilizes the cash flows
generated by its subsidiaries to invest in the long-term growth of
the Company and to make cash distributions to its shareholders.
Our eight majority-owned subsidiaries are engaged in the
following lines of business:
- The design and marketing of purpose-built tactical apparel and
gear serving a wide range of global customers (5.11);
- The manufacture of quick-turn, small-run and production rigid
printed circuit boards (Advanced Circuits);
- The manufacture of engineered magnetic solutions for a wide
range of specialty applications and end-markets (Arnold Magnetic
Technologies);
- Environmental services for a variety of contaminated materials
including soils, dredged material, hazardous waste and drill
cuttings (Clean Earth);
- The design and marketing of wearable baby carriers, strollers
and related products (Ergobaby);
- The design and manufacture of premium home and gun safes
(Liberty Safe);
- The manufacture and marketing of branded, hemp-based food
products (Manitoba Harvest); and
- The manufacture and marketing of portable food warming fuels
and creative ambience solutions for the hospitality and consumer
markets (Sterno Products).
In addition, we own approximately 23% of the common stock
of Fox Factory Holding Corp. ("FOX", Nasdaq: FOXF), a
former subsidiary business that completed its initial public
offering in August 2013. FOX designs and manufactures
high-performance suspension products primarily for mountain bikes,
side-by-side vehicles, on-road and off-road vehicles and trucks,
all-terrain vehicles, snowmobiles, specialty vehicles and
applications, and motorcycles.
This press release may contain certain forward-looking
statements, including statements with regard to the future
performance of CODI. Words such as "believes," "expects,"
"projects," and "future" or similar expressions, are intended to
identify forward-looking statements. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions. Certain factors could cause actual
results to differ materially from those projected in these
forward-looking statements, and some of these factors are
enumerated in the risk factor discussion in the Form 10-K filed by
CODI with the SEC for the year ended December 31, 2015 and other filings with the SEC.
Except as required by law, CODI undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/compass-diversified-holdings-announces-third-quarter-2016-earnings-and-conference-call-information-300347945.html
SOURCE Compass Diversified Holdings