Peak Performance, which went through wide-ranging management changes last year, saw its sales drop by 6 percent to 267.5 million Danish kroner (€35.9m-$46.3m) for the three months until the end of March. This is the third quarter in the fiscal year of IC Companys, the Danish company that owns the Swedish ski, outdoor and golf brand. IC Companys said that the sales decline at Peak Performance stemmed from weaker spring orders as wholesale customers were under pressure. The brand's own retail sales increased marginally for the quarter, but they decreased by 10.2 percent on a same-store basis. Peak Performance is covered by IC Companys in its Premium Outdoor segment, which reported a decline of 13 percent in its operating profit (Ebit) to DKK 26.7 million (€3.6m-$4.6 m), amounting to an Ebit margin of 10.0 percent (more in the Outdoor Industry Compass).

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