Strong Financial Performance
Fiscal 2025 consolidated net sales were $614.6 million, with a fourth-quarter contribution of $160.4 million. Adjusted operating margin for the full year was 10.2%, and the fourth quarter was 9.7%, reflecting tight expense management and increased advertising spend.
Robust Balance Sheet
The company ended the year with cash and investments totaling $196.2 million and no outstanding debt. Operating cash flow for the year was $61.7 million, reflecting strong liquidity.
Improvements in Retail Orders
Retail written orders rose by 1.6% during the fourth quarter, indicating signs of demand improvement driven by new product introductions and promotional levels.
Dividend Payments
The company declared a special cash dividend of $0.25 per share in addition to a regular quarterly cash dividend of $0.39 per share, continuing the practice for the fifth consecutive year.
Operational Efficiency Gains
Headcount reduced by 5.7% as part of operational efficiency improvements, with a focus on technology and streamlined workflows contributing to these gains.