K2 Inc., a branded consumer products company with a portfolio of leading brands in the marine and outdoor, team sports, action sports and apparel and footwear sectors, reported net sales for the second quarter ended June 30, 2005 of $301.4 million, an increase of 20% from $251.0 million in the prior year, as a result of 7.1% in organic growth and the balance from acquisitions completed after the second quarter of 2004.

Net sales for the six month period ended June 30, 2005 were $619.7 million, an increase of 17% over the 2004 comparable period, and operating profit for the period was $18.4 million as compared to $32.0 million for the 2004 six month period.

Richard Heckmann, chairman and chief executive officer, said, "We had a solid quarter with over 7% organic growth driven by strong results in Marine and Outdoor, Team Sports, and Apparel and Footwear. The only category that experienced softness was Action Sports.”

For the third and fourth quarters of 2005, K2 forecasts that the quarters will be similar to each other in size in terms of net sales and earnings per share.