Strong First Quarter For Black Diamond, Inc.

Posted May 11, 2011 at 1:54 pm · Comments { 5 } ·

Black Diamond, Inc., the parent company of both Black Diamond and Gregory Packs, reported first quarter results for 2011 on Monday, announcing an increase in sales of 18% to $39.1 million for the quarter ending March 31st.  Shares of the companies’ stock surged over 10% this week on the news.

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5 Responses to Strong First Quarter For Black Diamond, Inc.

  1. Guest May 11, 2011 at 7:04 pm #

    The link to the stock price is wrong. Black Diamond’s Symbol is BDI, not BDE.

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    • Narc May 11, 2011 at 7:15 pm #

      Is it? BDI is for Black Diamond Group which ”
      is engaged in renting modular structures for use as workforce accommodation “.
      BDE is the symbol for Clarus Corp, which is the old name for the company that bought Black Diamond and Gregory.

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  2. Guest May 11, 2011 at 7:35 pm #

    Oops, you’re right. The price change today made me think it couldn’t be the right company, but now I see the 1Q results were released Monday.

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  3. lstefurak May 11, 2011 at 9:19 pm #

    I wonder if the stock will rise when they launch the new clothing line. I guess we will have to wait until Summer OR…

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    • Narc May 11, 2011 at 9:23 pm #

      They just hired somebody away from Patagonia to lead the development of
      their clothing line so it should be interesting to see how that all
      develops.

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