Schutt Sports Reports Record Breaking Year in 2012
LITCHFIELD, Ill. - (BUSINESS WIRE) - Delivering more helmets than in any single year since it entered the football helmet market nearly 30 years ago, Schutt Sports also reported record profitability for 2012. All of this occurred at the same time the company introduced yet another new helmet into the marketplace.
"It was a remarkable year, in many ways," said Robert Erb, President/CEO of Schutt. "We built and shipped more helmets than in any other year in our brand's 94 year history. We were able to sell that many helmets without sacrificing profitability; in fact, our profitability in 2012 was the best in our history. If that's not enough, we also introduced the best helmet we've ever made, the Vengeance DCT. The Vengeance has been an unconditional success with our dealers and incredibly well received by the market."
Since the company is privately held, it does not release the exact number of helmets it builds and ships, nor does it publicize specific financial information. Nevertheless, the company is standing on solid ground, according to Rollen Jones, CFO of Schutt.
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