- Capital expenditures were $4.3 million in Q1, with full-year guidance of $25-$30 million.
- Cash used in operations was $8.1 million, improved from $30.8 million in prior year quarter.
- Distributor inventory declined over 13% year-over-year, indicating strong retail sell-through.
- EBITDA for Q1 was $8 million, reflecting strong demand and market share.
- Gross margin declined 1.5 percentage points to 25.9%, impacted by tariffs and lower production absorption.
- Net loss of $3.4 million or 8 cents per share due to lower revenue and higher interest expense.
- Operating expenses decreased by $680,000 year-over-year, driven by lower promotional and selling costs.
- Q1 net sales were $85.1 million, 3.7% below the prior year quarter.
Related items and other data are not available for this feed item.
Dafinchi