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CamelBak sales fall 11 percent in 2013

Published March 12, 2014

PETALUMA, Calif. (BRAIN) — CamelBak's sales for 2013 were $139.9 million, a decrease of $17.7 million compared to its sales of $157.6 million in 2012. Sales of hydration systems fell $17.2 million, and sales of gloves fell $5.5 million, while the company's bottle and accessories sales increased $4.8 million.

Sales of hydration systems and bottles were 86 percent of CamelBak's total sales last year.

The big fall in hydration sales is due to the company completing a substantial sales contract with the U.S. Marines at the end of 2012. And military sales remained slow in 2013 because of the drawdown of the U.S. military. The military drawdown also slowed glove sales.

The company notes that cooler weather patterns during the second quarter of 2013 had a negative impact on sales of hydration systems to recreational markets that it never recovered.

Topics associated with this article: Earnings/Financial Reports

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