STOCK TITAN

Compass Diversified - CODI STOCK NEWS

Welcome to our dedicated page for Compass Diversified news (Ticker: CODI), a resource for investors and traders seeking the latest updates and insights on Compass Diversified stock.

Compass Diversified Holdings, trading under the symbol CODI, is a diversified business conglomerate based in the United States. Since its founding in 1998, the company has focused on the middle market space, maintaining the same strategy and philosophy: acquiring companies with a clear 'reason to exist' that they could own forever.

CODI operates through two primary segments: branded consumer businesses and industrial businesses.

Branded consumer businesses are those that leverage a valuable brand name in their respective markets. The portfolio includes well-known names like 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor.

Industrial businesses focus on manufacturing and selling specific products and services within defined market sectors. These operations extend globally, including regions like Canada, Europe, Asia Pacific, and other international areas.

Recent achievements highlight CODI’s commitment to growth and innovation. A significant capital infusion has further boosted the company's liquidity, positioning it for accelerated growth. Additionally, CODI's unique business model and significant competitive advantage continue to drive strong results.

Noteworthy recent developments include the enhanced positioning of The Honey Pot Company, a leading feminine care brand, through CODI resources. The brand offers plant-derived, clinically tested formulas available in over 33,000 stores across the U.S., including major retailers like Target, Walmart, CVS, and Walgreens.

CODI is dedicated to partnering with outstanding management teams, providing them with patient growth capital. The company’s approach ensures a stable operational environment, embracing positive change as a catalyst for growth while remaining true to its foundational values.

For investor relations, please contact: irinquiry@compassdiversified.com or Gateway Group's Cody Slach at 949.574.3860. For media inquiries, reach out to mediainquiry@compassdiversified.com or The IGB Group's Leon Berman at 212.477.8438.

Rhea-AI Summary

Compass Diversified (NYSE: CODI) has announced the sale of Crosman , the air gun division of its Velocity Outdoor subsidiary, to Daisy Manufacturing Company. Crosman, a leading designer and manufacturer of air guns, accessories, and related consumables, has a rich history in the industry for over a century. The sale will help CODI pay down debt and support its overall corporate goals. The transaction reflects the company's strategic decision to streamline its portfolio and focus on core businesses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.73%
Tags
none
-
Rhea-AI Summary
Compass Diversified-backed The Honey Pot Co. appoints three accomplished women - Janis Smith-Gomez, Dr. Maria Sophocles, and JuE Wong - to its Board of Directors. The new directors bring expertise from Johnson & Johnson, gynecology, and personal care sectors, enhancing the brand's growth strategy. The Honey Pot Co. aims to empower women and promote holistic wellness through innovative products and positive wellness outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
management
-
Rhea-AI Summary
Compass Diversified (CODI) announced its first-quarter 2024 earnings release date and conference call information. The financial results for the quarter ended March 31, 2024, will be released on May 1, 2024, with a conference call scheduled for the same day at 5:00 p.m. ET. The call will feature the Company's CEO, CFO, and COO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
Rhea-AI Summary
Compass Diversified (CODI) declares quarterly cash distributions for common and preferred shares, with potential tax benefits for shareholders. The distributions are payable in late April to holders of record in mid-April.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
-
Rhea-AI Summary
Compass Diversified (NYSE: CODI) appoints Joshua Gaynor as President of its subsidiary, Lugano Diamonds & Jewelry Inc. Mr. Gaynor brings extensive luxury brand experience to lead business operations, growth strategies, and client experience. Lugano Diamonds, known for unique jewelry, expands globally with salons in multiple locations and a focus on philanthropy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
management
-
Rhea-AI Summary
Compass Diversified (CODI) reports strong financial performance driven by its unique business model and competitive advantage. The company's fourth quarter results exceeded expectations, with notable growth in revenue, net income, and Adjusted EBITDA. CODI's differentiated competitive advantage, permanent capital structure, and lower cost of capital enabled successful acquisitions and sales. Despite economic uncertainties, the diversified business model remains robust, positioning the company for a promising year ahead.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
Rhea-AI Summary
Compass Diversified (NYSE: CODI) plans to release its financial results for Q4 and full year 2023 on February 28, 2024. The conference call to discuss the results is scheduled for the same day at 5:00 p.m. ET. Participants can join via phone or webcast. A replay will be available for those unable to attend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.13%
Tags
-
Rhea-AI Summary
Compass Diversified (CODI) completes a partnership with The Honey Pot Company, LLC, acquiring it for $380 million. The acquisition allows The Honey Pot Co. to continue its mission of destigmatizing feminine care and democratizing holistic wellness. Beatrice Dixon, the Co-Founder, CEO, and Chief Innovation Officer, will continue to lead the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
partnership
-
Rhea-AI Summary
Compass Diversified (NYSE: CODI) has entered into a definitive agreement to partner with The Honey Pot Company, LLC for an enterprise value of $380 million. The Honey Pot Co. provides a complete feminine care system with plant-derived ingredients and clinically tested formulas. The company has a diverse set of products across feminine hygiene, menstrual, consumer health, and sexual wellness categories. The Honey Pot Co. will continue to be led by its current leadership team, and existing owners and management will retain a significant minority stake in the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
partnership
Rhea-AI Summary
Compass Diversified (CODI) proudly announces the promotions of investment team members Raj Dalal, Lucas Scholhamer, and Phoebe Madsen, reflecting another strong year at CODI. CEO Elias Sabo extends heartfelt congratulations to the promoted members, highlighting their instrumental role in shaping the firm's success story.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
none

FAQ

What is the current stock price of Compass Diversified (CODI)?

The current stock price of Compass Diversified (CODI) is $21.36 as of January 22, 2025.

What is the market cap of Compass Diversified (CODI)?

The market cap of Compass Diversified (CODI) is approximately 1.6B.

What does Compass Diversified Holdings (CODI) do?

CODI is a diversified business conglomerate focused on acquiring and managing middle market companies.

When was Compass Diversified Holdings founded?

The company was founded in 1998.

What are the main business segments of CODI?

CODI operates in two main segments: branded consumer businesses and industrial businesses.

What companies are included in CODI's branded consumer businesses?

The portfolio includes brands like 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor.

What is CODI’s approach to business growth?

CODI focuses on patient growth capital and partnering with outstanding management teams to drive positive change.

What recent achievements has CODI made?

Recent achievements include a significant capital infusion for accelerated growth and improved positioning of The Honey Pot Company.

Where does CODI operate?

CODI has operations in the United States, Canada, Europe, Asia Pacific, and other international regions.

How can I contact CODI for investor relations?

You can contact them at irinquiry@compassdiversified.com or Gateway Group's Cody Slach at 949.574.3860.

How can I contact CODI for media inquiries?

For media inquiries, email mediainquiry@compassdiversified.com or contact The IGB Group's Leon Berman at 212.477.8438.

What is The Honey Pot Company?

The Honey Pot Company is a leading feminine care brand offering plant-derived, clinically tested products in over 33,000 stores across the U.S.
Compass Diversified

NYSE:CODI

CODI Rankings

CODI Stock Data

1.62B
66.77M
11.41%
61.21%
0.96%
Conglomerates
Household Furniture
Link
United States of America
WESTPORT