Major Estimate Revision • May 22
Consensus EPS estimates upgraded to US$1.59 loss The consensus outlook for fiscal year 2026 has been updated. 2026 losses forecast to reduce from -US$2.02 to -US$1.59 per share. Revenue forecast steady at US$1.71b. Diversified Financial industry in the US expected to see average net income growth of 29% next year. Consensus price target of US$13.00 unchanged from last update. Share price fell 4.3% to US$11.46 over the past week. Reported Earnings • May 07
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: US$0.41 loss per share (improved from US$0.51 loss in 1Q 2025). Revenue: US$426.9m (down 5.9% from 1Q 2025). Net loss: US$30.9m (loss narrowed 20% from 1Q 2025). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Revenue is expected to decline by 1.4% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 15% per year. Aankondiging • Apr 22
Compass Diversified to Report Q1, 2026 Results on May 06, 2026 Compass Diversified announced that they will report Q1, 2026 results After-Market on May 06, 2026 Aankondiging • Apr 13
Compass Diversified, Annual General Meeting, May 21, 2026 Compass Diversified, Annual General Meeting, May 21, 2026. Major Estimate Revision • Apr 08
Consensus EPS estimates upgraded to US$1.95 loss, revenue downgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from US$1.86b to US$1.81b. 2026 losses expected to reduce from -US$2.22 to -US$1.95 per share. Diversified Financial industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$12.75 unchanged from last update. Share price rose 17% to US$9.60 over the past week. Aankondiging • Mar 03
Compass Diversified Holdings Announces Board and Committee Changes Compass Diversified Holdings announced that, effective March 1, 2026, Mr. Eugene Kim and Mr. Glenn Richter have been elected to the Company’s Board of Directors. Mr. Alexander S. Bhathal resigned from the Board effective February 28, 2026, due to other commitments. Based on a recommendation from the Board’s Nominating & Corporate Governance Committee, the Board approved an increase in the number of directors serving on the Board from seven to eight, effective March 1, 2026. Messrs. Kim and Richter were elected to fill the vacancy resulting from Mr. Bhathal’s resignation and the newly created directorship. Mr. Kim has been appointed to serve on the Board’s Audit and Compensation Committees, and Mr. Richter has been appointed to serve on the Board’s Audit and Nominating & Corporate Governance Committees. Mr. Kim is the Managing Partner of Compass LKL, an independent advisory firm he co-founded in 2015. He brings more than 25 years of experience in private equity and investment banking across the United States and Europe. Prior to founding Compass LKL, Mr. Kim was a Managing Director at Compass Partners International, where he served on the boards of several portfolio companies. Earlier in his career, he held investment banking roles at Goldman Sachs International and UBS/Warburg Dillon Read. Mr. Kim currently serves on the Harvard Business School Fund Council and is a trustee of the Williams College Foundation UK. He holds a B.A. from Williams College and an MBA from Harvard Business School. Mr. Richter most recently served as Chief Financial and Business Transformation Officer of International Flavors & Fragrances Inc. from 2021 to 2024, where he led global finance and enterprise transformation initiatives. Prior to IFF, Mr. Richter held a series of senior leadership roles at TIAA, culminating as Senior Executive Vice President and Chief Financial Officer, having previously served as Chief Administrative Officer of TIAA and Chief Operating Officer of TIAA Asset Management (Nuveen) before that. He also served as Chief Financial Officer of RR Donnelley and of Sears, Roebuck & Co., and earlier held finance and operating roles at PepsiCo’s Frito-Lay. Mr. Richter currently serves as a director and Audit Committee Chair of Samsonite International S.A. and as a director of TruStage. He holds a B.B.A. from George Washington University and an MBA from Duke University. New Risk • Mar 01
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 42% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Reported Earnings • Feb 27
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: US$3.05 loss per share (improved from US$3.94 loss in FY 2024). Revenue: US$1.87b (up 4.8% from FY 2024). Net loss: US$229.3m (loss narrowed 23% from FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.3%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Aankondiging • Feb 26
ADW Capital Management Sends Letter to the Board of Compass Diversified On February 24, 2026, ADW Capital Management, LLC issued an open letter to Compass Diversified’s board of directors calling for the Company to immediately commence a strategic review process and orderly liquidation of the Company to preserve value for shareholders. ADW Capital Management expressed its view that structural discount to net asset value due to underperformance and misalignment of external manager and common shareholders cannot be repaired. ADW Capital analysis supports potential valuation of $26.00 per share via liquidation. Aankondiging • Feb 20
Compass Diversified to Report Q4, 2025 Results on Feb 26, 2026 Compass Diversified announced that they will report Q4, 2025 results After-Market on Feb 26, 2026 Price Target Changed • Feb 10
Price target decreased by 13% to US$14.00 Down from US$16.00, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$7.03. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$3.75 next year compared to a net loss per share of US$3.94 last year. Aankondiging • Jan 08
Compass Diversified to Report Q3, 2025 Results on Jan 14, 2026 Compass Diversified announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Jan 14, 2026 Aankondiging • Jan 06
Compass Diversified Receives Non-Compliance Notice from the New York Stock Exchange On January 2, 2026, Compass Diversified Holdings (the Trust" and, together with Compass Group Diversified Holdings LLC, CODI") received a letter from the New York Stock Exchange (the NYSE") informing CODI that it is non-compliant with the corporate governance listing standards set forth in Section 302 of the New York Stock Exchange Listed Company Manual (the Listed Company Manual"), which requires issuers to hold an annual meeting during each fiscal year. CODI was unable to hold an annual meeting during its 2025 fiscal year due to the need to complete the restatement of its financial statements as of and for the fiscal years ended December 31, 2024, 2023 and 2022, and the resulting delay in filing its amended Annual Report on Form 10-K for the fiscal year ended December 31, 2024 (the Amended Annual Report"). CODI filed the Amended Annual Report with the Securities and Exchange Commission (the SEC") on December 8, 2025, and intends to hold an annual meeting as soon as practicable in order to regain compliance under the Listed Company Manual. Until CODI regains compliance, CODI will be added to NYSE's list of non-compliant issuers and a below compliance (.BC") indicator will be appended to CODI's ticker symbols. Aankondiging • Nov 11
Compass Diversified announced delayed 10-Q filing On 11/10/2025, Compass Diversified announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Price Target Changed • Oct 20
Price target decreased by 50% to US$14.00 Down from US$28.00, the current price target is provided by 1 analyst. New target price is 92% above last closing price of US$7.30. Stock is down 66% over the past year. The company is forecast to post earnings per share of US$0.91 next year compared to a net loss per share of US$1.25 last year. Aankondiging • Aug 12
Compass Diversified announced delayed 10-Q filing On 08/11/2025, Compass Diversified announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Aankondiging • Jun 26
Scott+Scott Attorneys at Law LLP Files Securities Class Action Lawsuit Against Compass Diversified Holdings Scott+Scott Attorneys at Law LLP has filed a securities class action lawsuit in the United States District Court for the Central District of California against Compass Diversified Holdings (Company) and certain of its former and current officers and/or directors (collectively, Defendants). The Class Action asserts claims under §§10(b) and 20(a) of the Securities Exchange Act of 1934 (15 U.S.C. §§78j(b) and 78t(a)) and U.S. Securities and Exchange Commission Rule 10b-5 promulgated thereunder (17 C.F.R. §240.10b-5) on behalf of all persons other than Defendants who purchased or otherwise acquired Compass securities between March 1, 2023 and May 7, 2025, inclusive (the Class Period), and were damaged thereby . The Class Action filed by Scott+Scott is captioned: Kevin Tan. v. Compass Diversified Holdings, et al.,Case No. 2:25-cv-5777. Lead Plaintiff Deadline on July 8, 2025. The Class Action alleges that, during the Class Period, Defendants made misleading statements and omissions regarding the Company’s business, financial condition, and prospects. Specifically, Defendants failed to warn investors and consumers that: (1) Defendants knew (or recklessly disregarded) that Compass’s internal control over financial reporting was patently defective, resulting in the issuance of financial statements that contained material errors; (2) Lugano had violated applicable accounting rules and acceptable industry practices with respect to its financing, accounting, and inventory practices during the Company’s 2022-2024 fiscal years (3) Lugano’s 2022-2024 financial results had been artificially distorted by these irregularities; (4) Compass had failed to implement effective internal controls over the Company’s financial reporting; and (5) as a result of (1)-(4) above, Compass’s reported 2022-2024 financial results did not reflect the actual financial results of the Company and such reported results were materially misstated. Aankondiging • May 14
Compass Diversified announced delayed 10-Q filing On 05/13/2025, Compass Diversified announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Price Target Changed • May 09
Price target decreased by 7.5% to US$28.00 Down from US$30.29, the current price target is an average from 3 analysts. New target price is 302% above last closing price of US$6.96. Stock is down 68% over the past year. The company is forecast to post earnings per share of US$0.91 next year compared to a net loss per share of US$1.25 last year. Aankondiging • May 09
Rosen Law Firm Files Securities Fraud Class Action Lawsuit Against Compass Diversified Holdings Rosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of securities of Compass Diversified Holdings between May 1, 2024, and May 7, 2025, both dates inclusive. The lawsuit seeks to recover damages for Compass investors under the federal securities laws. According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: the Company's subsidiary, Lugano Holdings Inc., maintained unrecorded financing arrangements and irregularities in its sales, cost of sales, inventory, and accounts receivable; the irregularities and undisclosed details in Lugano Holdings Inc.'s financial statements rendered the financial statements of the Company as a whole reliable, and would require restatement; the Company failed to maintain adequate internal controls related to its financial statements; and as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If wish to serve as lead plaintiff, must move the Court no later than July 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. New Risk • May 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$124m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Aankondiging • Apr 16
Compass Diversified, Annual General Meeting, May 29, 2025 Compass Diversified, Annual General Meeting, May 29, 2025. Declared Dividend • Apr 07
Fourth quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 17th April 2025 Payment date: 24th April 2025 Dividend yield will be 6.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Apr 04
Compass Diversified Declares First Quarter 2025 Distributions on Common Shares, Payable on April 24, 2025 Compass Diversified announced that its Board of Directors 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 March 31, 2025, is payable on April 24, 2025, to all holders of record of Common Shares as of April 17, 2025. Reported Earnings • Feb 28
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: US$0.065 (up from US$1.72 loss in FY 2023). Revenue: US$2.20b (up 6.8% from FY 2023). Net income: US$4.87m (up US$128.5m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 9.4% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 19
Compass Diversified Holdings Announces Retirement of James J. Bottiglieri as Director and Member of Each of Nominating and Corporate Governance Committee and Audit Committee Compass Diversified Holdings announced that current director James J. Bottiglieri advised the Board of Directors on February 14, 2025 that he plans to retire prior to the Company’s 2025 annual shareholders meeting. Mr. Bottiglieri will remain on the Company’s Board and as a member of each of the Company’s Nominating and Corporate Governance Committee and Audit Committee up and until the Company’s 2025 Annual Meeting. Mr. Bottiglieri joined the Board in December of 2005. He served as the Company’s Chief Financial Officer and as an Executive Vice President of the Company’s Manager from 2005 to 2013. The Company does not currently intend to fill the Board vacancy created by Mr. Bottiglieri’s retirement. Aankondiging • Feb 14
Compass Diversified to Report Q4, 2024 Results on Feb 27, 2025 Compass Diversified announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 Declared Dividend • Jan 08
Third quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 16th January 2025 Payment date: 23rd January 2025 Dividend yield will be 4.6%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Dec 31
Highlander Partners, L.P. acquired 84% stake in The ERGO Baby Carrier, Inc. from Compass Diversified (NYSE:CODI). Highlander Partners, L.P. acquired 84% stake in The ERGO Baby Carrier, Inc. from Compass Diversified (NYSE:CODI) on December 30, 2024.
Robert W. Baird & Co. Incorporated, Investment Banking Arm acted as financial advisor for Compass Diversified. Gibson, Dunn & Crutcher LLP acted as legal advisor for Compass Diversified. Katten Muchin Rosenman LLP acted as legal advisor for Highlander Partners, L.P.
Highlander Partners, L.P. completed the acquisition of 84% stake in The ERGO Baby Carrier, Inc. from Compass Diversified (NYSE:CODI) on December 30, 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2024 results: EPS: US$0.29 (up from US$0.35 loss in 3Q 2023). Revenue: US$582.6m (up 2.3% from 3Q 2023). Net income: US$22.1m (up US$47.6m from 3Q 2023). Profit margin: 3.8% (up from net loss in 3Q 2023). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 60%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Declared Dividend • Oct 07
Second quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 17th October 2024 Payment date: 24th October 2024 Dividend yield will be 4.6%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Oct 04
Compass Diversified Declares Third Quarter 2024 Distributions on Common Shares, Payable on October 24, 2024 Compass Diversified announced that its Board of Directors has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares. The distribution for the three months ended September 30, 2024, is payable on October 24, 2024, to all holders of record of Common Shares as of October 17, 2024. Recent Insider Transactions • Sep 13
Independent Director recently bought US$399k worth of stock On the 11th of September, Heidi Simon bought around 20k shares on-market at roughly US$20.16 per share. This transaction increased Heidi's direct individual holding by 8x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$5.1m more in shares than they have sold in the last 12 months. Aankondiging • Aug 26
Compass Diversified Announces Chief Financial Officer Changes Compass Diversified announced that Stephen Keller has been appointed as the Company’s Chief Financial Officer (CFO), effective August 31, 2024. He will be replacing Ryan Faulkingham, who has served as the Company’s CFO since July 2013 and is departing the Company effective August 30, 2024. Mr. Faulkingham will continue to serve in an advisory capacity in order to facilitate a seamless transition. In his new role, Mr. Keller will lead CODI’s finance organization, including accounting, planning, treasury, tax, reporting, and investor relations. He brings to CODI over 25 years of executive finance experience across multiple industries, including automotive, healthcare, industrial, specialty materials, retail and apparel branding, and media. Most recently, Mr. Keller served as Interim Chief Financial Officer and Vice President of Investor Relations at Envista Holdings Corporation. During his time at Envista, he also served as Vice President Strategy and Business Development, as well as Vice President and General Manager of Nobel Biocare’s Prosthetics Business Unit. Prior to Envista, Mr. Keller worked at Avery Dennison Corporation. At Avery Dennison, he held various positions of increasing responsibility in finance, strategy, and general management. Most notably, Mr. Keller served as Vice President, Strategy & Corporate Development, overseeing multiple acquisitions. He also served as Vice President of Finance, Asia, for an $800 million operating region. He further led new and emerging markets for Avery Dennison’s Retail Branding and Information Solutions division. Mr. Keller received a BS in Economics from the University of Iowa and an MBA from the Kellogg School of Management, Northwestern University. Reported Earnings • Aug 01
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: US$0.26 loss per share (improved from US$0.36 loss in 2Q 2023). Revenue: US$542.6m (up 3.5% from 2Q 2023). Net loss: US$19.5m (loss narrowed 25% from 2Q 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Aankondiging • Jul 18
Compass Diversified to Report Q2, 2024 Results on Jul 31, 2024 Compass Diversified announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Declared Dividend • Jul 05
First quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 18th July 2024 Payment date: 25th July 2024 Dividend yield will be 4.6%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 106x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Jul 03
Compass Diversified Declares Second Quarter 2024 Distributions on Common, Payable on July 25, 2024 Compass Diversified announced 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, 2024, is payable on July 25, 2024, to all holders of record of Common Shares as of July 18, 2024. Reported Earnings • May 02
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: US$0.066 loss per share (further deteriorated from US$0.02 loss in 1Q 2023). Revenue: US$524.3m (down 3.3% from 1Q 2023). Net loss: US$4.99m (loss widened 250% from 1Q 2023). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 19
Compass Diversified to Report Q1, 2024 Results on May 01, 2024 Compass Diversified announced that they will report Q1, 2024 results After-Market on May 01, 2024 Aankondiging • Apr 11
Compass Diversified, Annual General Meeting, May 23, 2024 Compass Diversified, Annual General Meeting, May 23, 2024, at 12:00 US Eastern Standard Time. Agenda: To elect eight (8) directors named in the Proxy Statement to serve for a one-year term expiring at the 2025 Annual Meeting of Shareholders; ?to approve, on a non-binding and advisory basis, the resolution approving the compensation of company's named executive officer as disclosed in the Proxy Statement; to ratify the appointment of Grant Thornton LLP to serve as the independent auditor for Compass Diversified Holdings and Compass Group Diversified Holdings LLC for the fiscal year ending December 31, 2024; and ?to transact such other matters as may properly come before the meeting and any postponement(s) or adjournment(s) thereof. Declared Dividend • Apr 08
Fourth quarter dividend of US$0.25 announced Dividend of US$0.25 is the same as last year. Ex-date: 17th April 2024 Payment date: 25th April 2024 Dividend yield will be 4.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (337% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Aankondiging • Apr 05
Compass Diversified Declares First Quarter 2024 Distributions on Common Shares, Payable on April 25, 2024 Compass Diversified announced 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 March 31, 2024, is payable on April 25, 2024, to all holders of record of Common Shares as of April 18, 2024. Reported Earnings • Feb 29
Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2023 results: US$0.76 loss per share (further deteriorated from US$0.23 loss in FY 2022). Revenue: US$2.06b (down 9.1% from FY 2022). Net loss: US$54.7m (loss widened 238% from FY 2022). Revenue missed analyst estimates by 6.8%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Aankondiging • Feb 15
Compass Diversified to Report Q4, 2023 Results on Feb 28, 2024 Compass Diversified announced that they will report Q4, 2023 results After-Market on Feb 28, 2024 Recent Insider Transactions • Jan 28
Partner & CEO recently bought US$2.0m worth of stock On the 26th of January, Elias Sabo bought around 90k shares on-market at roughly US$22.62 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Elias' only on-market trade for the last 12 months. Upcoming Dividend • Jan 10
Upcoming dividend of US$0.25 per share at 4.5% yield Eligible shareholders must have bought the stock before 17 January 2024. Payment date: 25 January 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.5%. Lower than top quartile of American dividend payers (4.6%). Higher than average of industry peers (1.1%). Aankondiging • Jan 09
Compass Diversified Announces Executive Promotions Compass Diversified announced the promotions of investment team members Raj Dalal and Lucas Scholhamer. Promoted to Partner from Principal: Raj Dalal As Partner, Raj will lead the investment team at the firms West Coast office. He is responsible for originating and evaluating new investment opportunities, executing transactions and working with the firms subsidiaries across the branded consumer and niche industrials sectors. He is a director of Altor Solutions, Ergobaby and Lugano Diamonds and works closely with 5.11 Tactical, BOA and Sterno. Over his career at CODI, Raj has been a key deal team member on several successful divestitures including Fox Factory. Prior to joining CODI in 2012 as an associate, Raj was in the Investment Banking Division of Bank of America Merrill Lynch in Los Angeles. Raj is a graduate of the University of California, Los Angeles, and Harvard Business School. Promoted to Principal from Vice President: Lucas Scholhamer Lucas is a member of the investment team at the firms East Coast office. He is a director of Sterno and works closely with PrimaLoft and Velocity Outdoor. He was a key deal team member on several successful divestitures including Clean Earth, Liberty Safe, and Marucci Sports. Prior to joining CODI in 2016 as an associate, Lucas was in the Investment Banking Division of Deloitte Corporate Finance where he was a member of the Mergers &Acquisitions Group in Charlotte. Lucas is a graduate of Vanderbilt University. Aankondiging • Jan 05
Compass Diversified Declares Distribution for the Three Months Ended December 31, 2023, Payable on January 25, 2024 Compass Diversified announced that its Board of Directors 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. New Risk • Dec 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 567x cash flows per share. Minor Risk Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Aankondiging • Dec 22
Compass Diversified announced that it has received $75.200014 million in funding from Allspring Global Investments, LLC On December 21, 2023, Compass Diversified, closed the transaction. Reported Earnings • Nov 03
Third quarter 2023 earnings: EPS misses analyst expectations Third quarter 2023 results: US$0.16 loss per share (improved from US$0.23 loss in 3Q 2022). Revenue: US$569.6m (down 4.7% from 3Q 2022). Net loss: US$11.4m (loss narrowed 32% from 3Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 20
Compass Diversified to Report Q3, 2023 Results on Nov 02, 2023 Compass Diversified announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Upcoming Dividend • Oct 11
Upcoming dividend of US$0.25 per share at 5.4% yield Eligible shareholders must have bought the stock before 18 October 2023. Payment date: 26 October 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Within top quartile of American dividend payers (5.1%). Higher than average of industry peers (1.2%). Aankondiging • Oct 05
Compass Diversified Declares Third Quarter 2023 Distributions on Common Share, Payable on October 26, 2023 Compass Diversified announced that its Board of Directors has declared a quarterly cash distribution of $0.25 per share on the Company’s 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. Recent Insider Transactions • Sep 10
Partner & COO recently bought US$202k worth of stock On the 6th of September, Patrick Maciariello bought around 10k shares on-market at roughly US$20.21 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Patrick has been a buyer over the last 12 months, purchasing a net total of US$320k worth in shares. Reported Earnings • Aug 03
Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2023 results: EPS: US$0.13 (down from US$0.29 in 2Q 2022). Revenue: US$524.2m (down 6.6% from 2Q 2022). Net income: US$9.37m (down 53% from 2Q 2022). Profit margin: 1.8% (down from 3.6% in 2Q 2022). Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) exceeded analyst estimates by 1.2%. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 22
Compass Diversified to Report Q2, 2023 Results on Aug 02, 2023 Compass Diversified announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Upcoming Dividend • Jul 12
Upcoming dividend of US$0.25 per share at 4.6% yield Eligible shareholders must have bought the stock before 19 July 2023. Payment date: 27 July 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.6%. Lower than top quartile of American dividend payers (5.0%). Higher than average of industry peers (1.3%). 
