Serfas: All Riders Welcome
Earnings/Financial Reports
Posted November 1, 2012
OSAKA, Japan (BRAIN) — Growing sales in North America and Asia boosted Shimano’s sales over the first nine months of the year to $2.3 billion (182.7 billion Yen), compared to $2 billion (161.6 billion Yen) over the same period last year.
Posted October 26, 2012
HELSINKI, Finland (BRAIN) — Mavic sales rose 7 percent in the third quarter of the year led by increased sales in helmets, apparel and footwear, according to an earnings report released by Amer Sports.
Posted September 5, 2012
SCHAFFHAUSEN, Switzerland (BRAIN) —Dr. Min H. Kao, the "Min" in Garmin and the company's chairman and CEO, has established a plan to sell a portion of his shares in the company over a designated period.
Two of Kao's family trusts, of which he is a trustee, also will sell shares.
Posted August 30, 2012
FRIEDRICHSHAFEN, Germany (BRAIN)—SRAM president Stan Day said on Thursday he still feels taking the company public is the right decision for the long-term, and will initiate an IPO as soon as stability and visibility improves in global financial markets.
Posted August 23, 2012
CLOPPENBURG, Germany (BRAIN)—Derby Cycle tempered its full-year revenue forecast on Thursday due to a weaker than expected spring selling season caused by poor weather in much of Northern Europe.
Posted August 10, 2012
VAN NUYS, CA (BRAIN)—Easton-Bell Sports' sales grew slightly to $214.1 million over the second quarter of 2012, an increase of 1 percent as compared to $211.9 million over the same period last year.
Posted August 9, 2012
Dorel Industries, the owner of Cannondale, Schwinn, GT and other bike brands, is reporting that unfavorable currency conditions reduced earnings in its bike division by about $2.5 million in its second quarter.
Posted August 8, 2012
LOS ANGELES, CA (BRAIN) Wednesday August 8 2012 4:14 PM MT—Sport Chalet on Wednesday reported its first profitable fiscal first quarter in five years as same-store and online sales showed improvement for the period ended July 1.
Posted August 7, 2012
WATSONVILLE, CA (BRAIN)-Fox Racing Shox sold $17.6 million more suspension products this year than last, pushing its sales to $106.4 million over the first half of the year.
Posted August 3, 2012
OSAKA, Japan (BRAIN) Friday August 3 2012 8:24 AM MT—Shimano’s sales through the first half of the year hit $1.58 billion (123.56 billion Yen), a 15 percent increase over the same period last year.
Posted August 2, 2012
HELSINKI, Finland (BRAIN) Thursday August 2 2012 2:17 PM MT—Mavic sales inched up 2 percent in the second quarter of the year according to an earnings report released Thursday by its parent company, Amer Sports.
Posted August 1, 2012
SCHAFFHAUSEN, Switzerland (BRAIN)—Sales in the outdoor and fitness markets helped lead Garmin, Ltd. to a 7 percent increase in total revenue in its second quarter, to $718 million.
Posted July 26, 2012
HEERENVEEN, Netherlands (BRAIN) Thursday July 26 2012 7:05 AM MT—Accell Group N.V.
Posted June 4, 2012
LOS ANGELES, CA (BRAIN) Monday June 4 2012 5:39 PM MT— Sport Chalet saw same-store sales drop 5.3 percent in its fiscal fourth quarter, contributing to a loss of $3.8 million, as unseasonably mild weather continued to be a drag on earnings.
Posted May 25, 2012
CLOPPENBURG, Germany (BRAIN) Friday May 25 2012 12:28 PM MT—Derby Cycle gained 17.3 percent in revenue in the first half of its financial year, led by significant growth in e-bike sales, according to an earnings report issued Friday.
Posted May 24, 2012
MONTREAL (BRAIN) Thursday May 24 2012 10:40 AM MT—Dorel Industries’ chief executive Martin Schwartz told company shareholders Thursday morning that he expect Dorel’s fast growing bike business to keep moving ahead at the same pace this year.
Posted May 22, 2012
BATH, United Kingdom (BRAIN) Tuesday May 22 2012 1:15 PM MT—Future media group revenue fell 11 percent in the half-year ending March 31 although its digital business was a bright spot with iPad sales and digital advertising both on the rise, according to an earnings report released
Posted May 11, 2012
MONTREAL, Quebec (BRAIN) Friday May 11 2012 10:16 AM MT—Dorel Industries’ bike division posted its best quarter ever in the first three months of 2012 as IBD sales increased in the U.S., Europe and Japan, the company said in an earnings press release issued Friday.
Posted May 9, 2012
WATSONVILLE, CA (BRAIN)—Fox’s first-quarter sales totaled $45.7 million, up 6.5 percent from $42.9 million in the same quarter last year.
Posted May 7, 2012
VAN NUYS, CA (BRAIN)–Easton-Bell Sports on Monday reported a 6.3 percent increase in first-quarter net sales to $216.3 million, driven in part by gains in the company’s Action Sports segment, which includes its bicycle-related business.
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