K2 going under, BS, or truth?

[murphyboiiii]

For the last couple weeks, I've heard rumors from several people saying that K2 is going under! Now as a full tilt boot owner I know damn straight that they own a TON of companies that all impact skiing greatly, is this just a rumor? Or are they actually going down?!

(If they are really going under I wouldn't panic tho because they'd most likely get bought out and get brought back into the game)

 

[thedeathstar]

I haven't done any research on this for you but I will point you in the direction to find out if they have been profitable lately or not.

K2, along with SEVERAL other brands including Volkyl, Marker, Full Tilt as you said, Ride snowboards, etc are owned by the parent company Jarden Corporation.
http://www.jarden.com/brands

I did a report on them a few years back for an accounting class, they were and have been a profitable company as a whole for several years. You would need take a look at their financial reports which would specify how their brands are performing. Lots of numbers to look through so I won't but as a whole, Jarden corp's stock value has been steadily growing for the past 5 years, despite a quick dip at the end of 2015.

My opinion is that Jarden wouldn't let such a legacy brand like K2 fail, but I am not an economist, accountant or otherwise.

 

[mr_grom]

Jarden's stock ticker symbol is JAH. They'll be fine.

 

[FrenchFry]

I heard the world ended in 2012.

 

[Lonely]

No

 

[mike759]

I doubt it

 

[tBatt]

Jarden's stock ticker symbol is JAH. They'll be fine.

QFT

Also, didn't K2 just get bought out by Rubbermaid? Rubbermaid is too big to fail.

 

[Sno.]

QFT

Also, didn't K2 just get bought out by Rubbermaid? Rubbermaid is too big to fail.

Holy shit. What rock have you been under?

 

[tBatt]

Holy shit. What rock have you been under?

250" of snow, what did I miss?

 

[Deepskier]

have done 0 research but can 90% guarantee its not going under

 

[yangumane]

have done 0 research but can 90% guarantee its not going under

newschoolers as a whole summed up in a post

 

[Deepskier]

newschoolers as a whole summed up in a post

maybe but why would they have next years shit for k2 and ful tilt no word of this and no dropped athletes and i ride with collin collins everyday and he would have mentioned this id imagine...

its common sense no research nessisary k2 is such a big company

 

[Wibby]

K2 is not going under. K2 is one of the largest and strongest brands in skiing. end of story.

 

[killabees]

Looks like we all need to get full tilts to save K2

fuck that noise

 

[murphyboiiii]

K2 is not going under. K2 is one of the largest and strongest brands in skiing. end of story.

lol would you look at that!

 

[McNoche]

K2 has been bought. K2 will not be going under, which is great news and the company that bought it is awesome. Look for K2 to have somewhat of a revival period ahead of them.

I have this coming from a solid source.

 

[powderdrunkie]

saw yesterday that they hired like 6 new big wigs. The end is not in sight boys.