| Compass Diversified Reports Fourth Quarter and Full Year 2024 Financial Results |
WESTPORT, Conn., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market branded consumer and industrial businesses, announced today its consolidated operating results for the three months and full year ended December 31, 2024. |
globenewswire.com |
2025-02-27 18:15:00 |
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| Compass Diversified Director James Bottiglieri Announces Retirement |
WESTPORT, Conn., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that current director James J. Bottiglieri (“Jim”) advised the Board of Directors (the “Board”) on February 14, 2025 that he plans to retire prior to the Company's 2025 annual shareholders meeting (the “2025 Annual 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. |
globenewswire.com |
2025-02-19 10:00:00 |
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| Compass Diversified Announces Fourth Quarter and Full Year 2024 Earnings and Conference Call Information |
WESTPORT, Conn., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, February 27, 2025, at 5:00 p.m. ET. |
globenewswire.com |
2025-02-13 18:15:00 |
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| Compass Diversified Holdings Announces Amendment of its Management Services Agreement |
WESTPORT, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses (the “ Company ” or “ CODI ”), announced today that on January 15, 2025, it entered into a Seventh Amended and Restated Management Services Agreement with Compass Group Management LLC, the Company's Manager (the “ Amendment ”). The Amendment, commencing in the first quarter beginning on January 1, 2025, restructures the management fee under the existing Management Services Agreement to consist of a base management fee and an incentive management fee. Pursuant to the Amendment, the base management fee will be (i) 2.0% of the Company's adjusted net assets when the adjusted net assets are less than or equal to $3.5 billion (the “ Initial Threshold Fee ”), (ii) the Initial Threshold Fee, plus 1.25% of the amount of adjusted net assets exceeding $3.5 billion when the adjusted net assets are more than $3.5 billion but less than $10 billion, or (iii) 1.5% of the Company's adjusted net assets when the adjusted net assets are $10 billion or more. |
globenewswire.com |
2025-01-15 18:15:00 |
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| Compass Diversified: Undervalued With A Growing Diamond Subsidiary |
Compass Diversified offers a solid opportunity for income investors, trading at an attractive valuation with a near-5% yield amid recent market volatility. CODI's unique permanent capital structure and long-term ownership approach support sustained growth, driven by strong performance in its branded consumer segment, especially Lugano Diamonds. Despite challenges in the industrial segment, CODI's overall robust financial performance and promising growth outlook make it a compelling pick for income and long-term value investors. |
seekingalpha.com |
2025-01-14 16:24:00 |
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| 2 Preferred Stocks +7% Yield, Sleep Well At Night |
Rising life expectancy implies your portfolio must last longer than ever before. The Income Method can help. Preferred stocks improve portfolio defense by ensuring income stability through interest rate changes. We discuss two top-tier preferreds, with yields of up to 8%. |
seekingalpha.com |
2025-01-13 09:35:00 |
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| Compass Diversified Holdings Announces Amendment of its Credit Agreement |
WESTPORT, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced that on January 9, 2025, it entered into a First Incremental Facility Amendment (the “Amendment”) to its existing Credit Agreement with Bank of America, N.A., as Administrative Agent for the Lenders party thereto. |
globenewswire.com |
2025-01-10 10:00:00 |
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| Compass Diversified Holdings Announces Changes to its Board of Directors |
WESTPORT, Conn., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Compass Diversified Holdings (NYSE: CODI), an owner of leading middle market businesses, announced today that current director Gordon M. Burns advised the Board of Directors (the “Board”) on January 3, 2025, he will not be standing for re-election at the Company's 2025 annual shareholders meeting due to other commitments. Effective as of January 3, 2025, Mr. Burns stepped down as the Chair of the Company's Nominating & Corporate Governance Committee (the “Nominating Committee”). Mr. Burns will remain on the Company's Board and as a member of each of the Company's Nominating Committee and Compensation Committee up and until the Company's 2025 annual shareholders meeting. Mr. Burns joined the Board in May of 2008. |
globenewswire.com |
2025-01-06 10:05:00 |
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| Highlander Partners Acquires Juvenile Products Leader Ergobaby |
DALLAS , Dec. 30, 2024 /PRNewswire/ -- Highlander Partners, L.P. ("Highlander"), a Dallas-based private investment firm, today announced the acquisition of The Ergo Baby Carrier, Inc., ("Ergobaby" or the "Company") from Compass Diversified (NYSE: CODI). |
prnewswire.com |
2024-12-30 11:22:00 |
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| Compass Diversified to Host Investor Day on January 16, 2025, in New York City |
WESTPORT, Conn., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced that it will host its investor day on Thursday, January 16, 2025, at 9:30am ET at Convene's One Liberty Plaza location in New York City. |
globenewswire.com |
2024-12-09 18:15:00 |
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| Compass Diversified Preferred: Well-Covered 8% Yield, Adjusted EBITDA Up 27% In 2024 |
Compass Diversified Preferred 7.875% C Shares offer high yield income and stability, generating over 51% return for Hidden Dividend Stocks Plus subscribers through attractive quarterly dividends. CODI's diverse holdings, including high-growth brands like Lugano, contributed significantly to its improved financial performance, with a 28% rise in Adjusted EBITDA in Q1-3 '24. Preferred dividends are well-covered, with a 7.65X coverage ratio in Q1-3 '24, and the shares offer an 8.32% yield at the current price. |
seekingalpha.com |
2024-11-29 11:15:00 |
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| Worried About A Recession? Income Solutions With Yields Up To 13% |
Time in the market trumps timing the market, but the timing of your retirement matters. In retirement, you need a portfolio capable of providing reliable income and mitigating sequence of return risk. We discuss two robust picks geared to provide steady income in retirement. |
seekingalpha.com |
2024-11-01 10:30:00 |
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| Compass Diversified (CODI) Q3 2024 Earnings Call Transcript |
Compass Diversified (NYSE:CODI ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Cody Slach - Senior MD & Director of Investor Relation Elias Sabo - Partner & CEO Patrick Maciariello - Partner & COO Stephen Keller - Executive Vice President & CFO Conference Call Participants Larry Solow - CJS Securities Matt Koranda - ROTH Capital Matthew Howlett - Jefferies Robert Dodd - Raymond James Operator Good afternoon, and welcome to Compass Diversified's Third Quarter 2024 Conference Call. Today's call is being recorded. |
seekingalpha.com |
2024-10-30 22:58:10 |
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| Compared to Estimates, Compass Diversified Holdings (CODI) Q3 Earnings: A Look at Key Metrics |
Although the revenue and EPS for Compass Diversified Holdings (CODI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-10-30 22:36:14 |
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| Compass Diversified Reports Third Quarter 2024 Financial Results |
WESTPORT, Conn., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended September 30, 2024. |
globenewswire.com |
2024-10-30 18:15:00 |
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| Compass Diversified Announces Third Quarter 2024 Earnings and Conference Call Information |
WESTPORT, Conn., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the third quarter ended September 30, 2024, on Wednesday, October 30, 2024, after the close of market trading. The Company has scheduled a conference call to discuss the results on Wednesday, October 30, 2024, at 5:00 p.m. ET. |
globenewswire.com |
2024-10-16 20:15:00 |
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| Compass Diversified Announces $100 Million Share Repurchase Program |
WESTPORT, Conn., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, today announced that its Board of Directors (the “Board”) authorized the repurchase of up to $100 million of CODI's issued and outstanding common shares. |
globenewswire.com |
2024-10-16 20:05:00 |
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| U.S. economy is more robust than what people are saying, Compass Diversified CEO says |
Elias Sabo, the CEO of Compass Diversified, discusses the U.S. economy and consumer demand. |
youtube.com |
2024-10-09 01:00:32 |
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| Compass Diversified Declares Third Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares |
WESTPORT, Conn., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today 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 September 30, 2024, is payable on October, 24, 2024, to all holders of record of Common Shares as of October 17, 2024. |
globenewswire.com |
2024-10-03 20:15:00 |
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| JADEX COMPLETES SALE OF LIFOAM TO ALTOR SOLUTIONS |
NEW YORK , Oct. 2, 2024 /PRNewswire/ -- Jadex Inc. ("Jadex"), a manufacturer and material sciences company, today announced it has completed the previously announced sale of Lifoam Industries, LLC ("Lifoam" or the "Company") to Altor Solutions ("Altor"), a subsidiary of Compass Diversified (NYSE: CODI), for $137 million in cash (excluding working capital and certain other adjustments). Lifoam is a leading manufacturer of temperature-controlled packaging products such as thermal shippers and refrigerant gel packs for healthcare, commercial and retail customers. |
prnewswire.com |
2024-10-02 12:25:00 |
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| Buy The Dip: High-Yield Stocks Getting Way Too Cheap |
High-yield stocks have rebounded due to optimism over Federal Reserve rate cuts. However, there remain several high-quality high-yield stocks that have lagged the sector's recovery and remain attractive bargains. We discuss some of them in this article. |
seekingalpha.com |
2024-09-16 18:42:33 |
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| Compass Diversified Announces Stephen Keller as Chief Financial Officer |
WESTPORT, Conn., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today 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. |
globenewswire.com |
2024-08-26 10:00:00 |
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| JADEX TO SELL LIFOAM TO ALTOR SOLUTIONS |
NEW YORK , Aug. 19, 2024 /PRNewswire/ -- Jadex Inc. ("Jadex"), a manufacturer and material sciences company, today announced it has entered into a definitive agreement to sell Lifoam Industries, LLC ("Lifoam" or the "Company") to Altor Solutions ("Altor"), a subsidiary of Compass Diversified (NYSE: CODI), for $137 million in cash. Post-tax net proceeds from the sale are expected to be used to pay down debt and fund investment in the remaining business. |
prnewswire.com |
2024-08-19 12:05:00 |
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| Compass Diversified-Backed Altor Solutions to Acquire Lifoam Industries |
WESTPORT, Conn., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Altor Solutions (“Altor”), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of custom protective and cold-chain packaging solutions for the industrial and life sciences markets, today announced it has entered into a definitive agreement to acquire Lifoam Industries, LLC (“Lifoam”), a manufacturer and distributor of temperature-controlled shipping solutions, for an enterprise value of $137 million in cash at closing (excluding working capital and certain other adjustments). |
globenewswire.com |
2024-08-19 12:00:00 |
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| Compass Diversified (CODI) Q2 2024 Earnings Call Transcript |
Compass Diversified (NYSE:CODI ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Cody Slach - IR, Gateway Group Elias Sabo - CEO Ryan Faulkingham - CFO Pat Maciariello - COO of Compass Group Management Conference Call Participants Larry Solow - CJS Securities Matt Koranda - ROTH Capital Derek Sommers - Jefferies Robert Dodd - Raymond James Matthew P. Howlett - B. |
seekingalpha.com |
2024-08-01 00:09:09 |
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| Compass Diversified Reports Second Quarter 2024 Financial Results |
WESTPORT, Conn., July 31, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today its consolidated operating results for the three months ended June 30, 2024. |
globenewswire.com |
2024-07-31 20:15:00 |
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| Compass Diversified Announces Second Quarter 2024 Earnings and Conference Call Information |
WESTPORT, Conn., July 17, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the second quarter ended June 30, 2024, on Wednesday, July 31, 2024, after the close of market trading. The Company has scheduled a conference call to discuss the results on Wednesday, July 31, 2024, at 5:00 p.m. ET. |
globenewswire.com |
2024-07-17 20:15:00 |
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| Compass Diversified Declares Second Quarter 2024 Distributions on Common and Series A, B and C Preferred Shares |
WESTPORT, Conn., July 02, 2024 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today 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. |
globenewswire.com |
2024-07-02 20:15:00 |
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