CARLSBAD, Calif.—Orange 21 Inc. (NASDAQ:ORNG), whose primary brand is Spy Optic sunglasses and goggles targeted for the action sports and youth lifestyle markets, reported that its consolidated net sales for the quarter ended June 30, 2009 were $9.1 million, a decline of 35 percent from the prior year’s quarter of $14 million.

The company also posted a net loss of $254,000 for the three months, compared to a net loss of $273,000 for the period a year ago. The Q2 2009 net loss included $129,000 in non-cash share-based compensation costs in accordance with FASB No. 123, the company said.

“The current recession continues to have a significant impact on our global sales,” commented Stone Douglass, Orange 21’s CEO. “During the most recent quarter, we reduced total operating expenses by approximately $2.6 million from the same period last year, and although we have had a significant decrease in sales, we have continued to maintain relatively strong gross profit margins.”

For the six months ending June 30, Orange 21 reported sales of $16.5 million, compared to $25.5 million in the comparable period a year ago. Net losses for the six-month period were $1, 058,000 compared to losses of $1,124,000 in the prior year first half.

The company will hold an investor conference call on Aug. 17 at 1:00, p.m. PT. The dial-in number for the call in North America is 1-866-713-8567 and 1-617-597-5326 for international callers. The participant pass code is 88811389. The call also will be webcast live and accessed by logging onto www.orangetwentyone.com. The webcast will be archived on the company’s Web site, with audio replay, for at least 60 days following the call.