Optics-focused Strategy Pays Off For Oakley In 1st Quarter

Oakley’s operating income jumped by 243.2 percent to $9,733,000 in the 1st quarter, ended March 31, while sales climbed by 31.3 percent to $199.2 million. The gross margin grew to 54.3 percent from 53.1 percent in the year-ago period. Net income rose to $5,743,000, compared with $1,907,000. The strong results ...

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