US branded consumer products company K2 Inc. has reported net sales for the fourth quarter ended December 31, 2005 of $353.5 million compared with $338.9 million in the prior year, an increase of 4.3%. Net sales for the year ended December 31, 2005 were $1.3 billion versus $1.2 billion in the prior year, an increase of 9.4%.

K2's net sales were $1,014 million and $1,069 million for the 2004 and 2005 fiscal years, respectively, reflecting sales growth of 5.5% for 2005, excluding sales of 2004 material acquisitions including Volkl, Marker and Marmot, which were acquired in the third quarter of 2004. K2's net sales were $907 million and $987 million for the 2004 and 2005 fiscal years, respectively, reflecting sales growth of 8.8%, excluding sales from these 2004 material acquisitions and paintball products, which declined in 2005. K2's net sales were $306 million and $325 million for the 2004 and 2005 fourth quarters, respectively, reflecting sales growth of 6.2%, excluding sales from paintball products which declined in the 2005 fourth quarter.

K2 Inc. has a portfolio of brands including Shakespeare, Pflueger and Stearns in the Marine and Outdoor segment; Rawlings, Worth and K2 Licensed Products in the Team Sports segment; K2, Volkl, Marker, Ride and Brass Eagle in the Action Sports segment; and, Adio, Marmot and Ex Officio in the Apparel and Footwear segment.