Earnings/Financial Reports
HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. noted that operating profit in the first half of the year was up 29 percent to $53.8 million (€49.1 million), while net profit was up 21 percent to $34.9 million (€31.9 million).
SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.
SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.
GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."
PITTSBURGH (BRAIN) — Dick’s Sporting Goods, Inc. reported a sales increase of 8.8 percent in its first quarter, which ended May 2. The company's net sales were $1.6 billion, or $0.53 per diluted share; same store sales were up 1.8 percent from the same time in 2014.
MONTREAL (BRAIN) — While worldwide currencies have somewhat stabilized against the U.S. dollar, foreign exchange rates dealt a major blow to Dorel's first-quarter earnings across all of its business divisions, officials told analysts during a call Thursday morning.
PETALUMA, Calif. (BRAIN) — CamelBak sales for the first quarter this year were down 4.8 percent from the same period last year, a decline the company attributed to the strong U.S. dollar, the West Coast port shutdown and a continued downsizing of the U.S. military.
SCOTTS VALLEY, Calif. (BRAIN) — "Alternative logistics" helped Fox Factory exceed its sales expectations for the first quarter, despite the West Coast port shutdowns.
MILAN (BRAIN) — Italian eyewear maker Luxottica Group, parent of brands including Oakley, Arnette and Ray-Ban, reported Monday that first-quarter net profit surged almost 34 percent to 210.4 million euros ($234.7 million) as sales in North America rose 29.4 percent and foreign exchange rates provided "a material tai
OSAKA, Japan (BRAIN) — Shimano is on a roll, pocketing an extra $518.7 million in new business last year and adding to that $187.7 million in additional sales it earned over the first quarter ended in March.
SAN MATEO, Calif. (BRAIN) — GoPro recorded its second-highest revenue quarter in company history in the first quarter this year, registering sales of $363 million and operating income of $22.3 million.
The company said the top five best-selling camera/camcorders in the U.S. are all GoPro models.
OLATHE, Kan. (BRAIN) — Garmin's overall revenues were flat in the first quarter, but its fitness division — which includes its cycling-related products — grew by 31 percent, the company announced Wednesday.
HEERENVEEN, the Netherlands (BRAIN) — Accell Group released a brief statement Thursday saying that it has "recorded an increase in both turnover and profit in the first months of 2015 compared to the same period of 2014."
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation, a maker of protective gear for motorsports and bicycling, announced 2014 revenues of $18.5 million, up 24 percent over its 2013 sales.
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