Earnings/Financial Reports
SCOTTS VALLEY, CA (BRAIN) — Easton-Bell Sports' cycling product sales declined $4.5 million in the quarter that ended Sept. 28, and CEO Terry Lee indicated much of the loss came from the Easton cycling division, which he called "troubled."
CARLSBAD, CA (BRAIN) — Spy Inc. on Tuesday reported its 10th consecutive quarter of year-over-year sales growth, with third-quarter sales ticking up 3 percent to $10.2 million from $9.9 million a year earlier.
OLATHE, KS (BRAIN) — Garmin Ltd.’s fitness division, which includes the company’s cycling products, saw strong sales growth in the third quarter, a period that included the introduction of the new Edge Touring cycle computer and Vector power meter.
OSAKA, Japan (BRAIN) — Shimano’s sales climbed to $2.03 billion (199.501 billion yen) over the first nine months of the year, up from $1.86 billon (182.739 billion yen) over the same period last year.
LOS ANGELES, CA (BRAIN) — Sport Chalet, Inc. is reporting a 2.8 percent sales decrease in its first quarter, which ended June 30, compared to the same period last year. Sales came in at $81.5 million, down from $83.8 million last year.
VAN NUYS, CA (BRAIN) — Easton-Bell Sports sales fell 5 percent in the first half of this year, a decline the company attributed to its team sports sales.
MONTREAL, Quebec (BRAIN) — Dorel continued to feel the sting of weather on sales of bicycles globally during the second quarter, officials told investors during an earnings call Friday morning.
WESTPORT, CT (BRAIN) — Compass Diversified Holdings, the parent company of Fox and CamelBak, reported that Fox sales over the first half of the year reached $125.2 million, an increase of 18 percent from a year earlier, whereas CamelBak sales dropped 9 percent to $77.3 million.
CARLSBAD, CA (BRAIN) — Eyewear maker Spy Inc. on Wednesday reported its ninth consecutive quarter of growth with sales of $10 million for the three months ended June 30, up 6 percent from the second quarter a year earlier.
OSAKA, Japan (BRAIN) — Shimano’s overall sales through June were $1.4 billion (133.1 billion yen), up from $1.3 billion (123.6 billion yen) over the first six months last year.
MILAN, Italy (BRAIN)—Luxottica Group reported for a second straight quarter that strong performance in its wholesale division, which includes Southern California-based Oakley, helped propel improved sales for the Italian eyewear company.
KETCHUM, ID (BRAIN) — Apparel brand Club Ride announced a 123 percent increase in sales in the first half the year, to $1.116 million.
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