Compass Diversified Announces Third Quarter 2020 Earnings and Conference Call Information
October 14 2020 - 4:15PM
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, 2020, on Wednesday, October 28, 2020, after the close
of market trading. The Company has scheduled a conference call to
discuss the results on Wednesday, October 28, 2020 at 5:00 p.m. ET.
The conference call will feature remarks by
Elias J. Sabo, Chief Executive Officer, Ryan J. Faulkingham, Chief
Financial Officer, David Swanson, Partner of Compass Group
Management LLC (“CGM”), and Pat Maciariello, Partner and Chief
Operating Officer of CGM. To participate in the call, please dial
(833) 900-1532 (domestic) or (236) 712-2273 (international). The
passcode is 5056636. Please dial into the call at least fifteen
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, compassdiversified.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 4, 2020 at (800) 585-8367 (domestic) or (416)
621-4642 (international). The passcode for the call and replay is
5056636. An online archive of the webcast will be available on the
Company’s website for 30 days following the call.
About Compass Diversified
(“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 nine majority-owned subsidiaries are engaged
in the following lines of business:
- The design and marketing of purpose-built technical 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);
- The design and marketing of wearable baby carriers, strollers
and related products (Ergobaby);
- The design and manufacture of custom molded protective foam
solutions and OE components (Foam
Fabricators);
- The design and manufacture of premium home and gun safes
(Liberty Safe);
- The design and manufacture of baseball and softball equipment
and apparel (Marucci Sports);
- The manufacture and marketing of portable food warming systems,
creative indoor and outdoor lighting, and home fragrance solutions
for the foodservice industry and consumer markets
(Sterno); and
- The design, manufacture and marketing of airguns, archery
products, optics and related accessories (Velocity
Outdoor).
This press release may contain certain
forward-looking statements, including statements with regard to the
future performance of CODI. Words such as "believes," "expects,"
“anticipates,” “estimate,” "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, 2019, 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.
Investor Relations:The IGB Group Leon Berman 212-477-8438
lberman@igbir.com |
Media Contact:Joele Frank, Wilkinson Brimmer KatcherJon Keehner /
Julie Oakes / Kate Thompson212-355-4449 |
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