Oakley’S Sales Go Up, But The Gross Margin Drops

In the 2nd quarter ended June 30, Oakley’s net sales rose by 19.4 percent to $203.6 million, driven by strong sunglass sales and turnover from the recent acquisitions of Oliver Peoples and The Optical Shop of Aspen. The gross margin fell to 56.4 percent from 62.7 percent in the year-ago ...

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