Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 97

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 97
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 wide variety of consumers, from home entertainers to recreational campers and extreme outdoorsmen. Online retail sales are also an important channel for Sterno and Rimports. With an online dynamic, it is also much easier to showcase how Sterno’s and Rimports' products look in actual dark use conditions, directly addressing their primary merchandising challenge.

The following table sets forth Sterno’s gross revenue by product for the fiscal years ended December 31, 2024, 2023 and 2022:

|                                       | Gross sales by product(1) | Year ended December 31, | 2024 |   |     |     | 2023 |   |     |     | 2022 |   |
|:--------------------------------------|:--------------------------|:------------------------|-----:|:--|:----|:----|-----:|:--|:----|:----|-----:|:--|
| Canned Heat                           |                           |                         |   39 | % |     |     |   38 | % |     |     |   35 | % |
| Wickless Candle Products              |                           |                         |   28 | % |     |     |   29 | % |     |     |   32 | % |
| Table Lighting                        |                           |                         |    5 | % |     |     |    5 | % |     |     |    5 | % |
| Flameless Candle and Outdoor Lighting |                           |                         |    4 | % |     |     |    4 | % |     |     |    6 | % |
| Diffusers and Essential Oils          |                           |                         |    2 | % |     |     |    4 | % |     |     |    5 | % |
| Other                                 |                           |                         |   22 | % |     |     |   20 | % |     |     |   17 | % |
|                                       |                           |                         |  100 | % |     |     |  100 | % |     |     |  100 | % |

(1) As a percentage of gross sales, exclusive of sale discounts.

Sterno had ap proximately $12.5 million in firm backlog orders at December 31, 2024 and 2023, respectively.

### Business Strategies and Competitive Strengths
Business Strategies

Defend Leading Market Position - As a leading supplier of canned fuels,