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Earnings/Financial Reports

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 in North America Tagged Earnings/Financial Reports
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 in North America Tagged Earnings/Financial Reports
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 in North America Tagged Earnings/Financial Reports
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 in North America Tagged Earnings/Financial Reports
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 in North America Tagged Earnings/Financial Reports
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.

Posted in North America Tagged Earnings/Financial Reports
Posted May 2, 2012

OLATHE, KS (BRAIN) Wednesday May 2 2012 11:38 AM MT—Strong demand for its fitness and outdoor GPS products helped Garmin Ltd. post a 10 percent increase in revenue to $557 million for the first quarter ended March 31, exceeding analyst expectations for a third consecutive quarter.

Posted in North America Tagged Earnings/Financial Reports
Posted April 30, 2012

OSAKA, Japan(BRAIN) Monday April 30 2012 2:07 PM MT—A warm winter in Europe and North America pushed Shimano’s bicycle component sales to $619.7 million ($49.808 billion Yen) over the first quarter, up from $507.5 million ($40.792 billion Yen) last year, a 22 percent increase.

Posted in North America Tagged Earnings/Financial Reports
Posted April 27, 2012

HELSINKI, Finland (BRAIN) Friday April 27 2012 11:06 AM MT—Amer Sports, parent company of Mavic, is reporting a net sales increase of about 7 percent in the first quarter.

Posted in North America Tagged Earnings/Financial Reports
Posted March 19, 2012

SEATTLE, WA (BRAIN) March 19 2012 8:10 AM MT—REI last week reported an 8.4 percent jump in annual sales for 2011, to $1.66 billion, but operating income was down slightly, to $116.2 million from 2010’s record $116.6 million.

Posted in North America Tagged Earnings/Financial Reports
Posted March 8, 2012

WESTPORT, CT (BRAIN)—Revenue and income for CamelBak and Fox Racing Shox were up last year, according to year-end earnings reported by parent company Compass Diversified Holdings.

Posted in North America Tagged Earnings/Financial Reports
Posted March 8, 2012

MONTREAL, Canada (BRAIN)—Sales in Dorel’s recreation and leisure segment climbed 11 percent to $861.8 million in 2011, accounting for 36 percent of its overall business.

Posted in North America Tagged Earnings/Financial Reports
Posted March 7, 2012

VAN NUYS, CA (BRAIN)—Easton-Bell Sports net sales hit $834.9 million last year, an increase over $772.8 million of sales it had in 2010. For the year, gross margin remained at 34 percent.

Posted in North America Tagged Earnings/Financial Reports
Posted February 24, 2012

CLOPPENBURG, Germany (BRAIN) Feb 24, 11:39 MT— Derby Cycle grew its revenue by 6.6 percent during the first three months of its financial year, according to an interim earnings report released on Friday.

Posted in North America Tagged Earnings/Financial Reports
Posted February 24, 2012

HEERENVEEN, Netherlands (BRAIN) Feb 24, 09:25 MT— Strong sales of electric bikes and sports bikes drove a 9 percent increase in sales last year for the European bike giant, Accell Group.

Posted in North America Tagged Earnings/Financial Reports
Posted February 22, 2012

SCHAFFHAUSEN, Switzerland (BRAIN) Feb 22, 09:08 MT—Garmin’s sales hit $2.76 billion last year, an increase of $70 million over 2010. And though its automotive sales fell 5 percent, sales in its outdoor and fitness categories were up 14 and 24 percent respectively.

Posted in North America Tagged Earnings/Financial Reports
Posted February 15, 2012

CLOPPENBURG, Germany (BRAIN) Feb 15, 10:39 MT—Germany’s Derby Cycle started its financial year with a 6.6 percent sales gain during the traditionally weak months for bike sales.

Posted in North America Tagged Earnings/Financial Reports
Posted February 10, 2012

LONDON, England (BRAIN) Feb 10, 07:19 MT — Future plc, the owner of Cyclingnews.com, BikeRadar.com websites, and Cycling Plus and Procycling magazines, is reporting a slight overall decline in revenue over its first quarter, but a 41 percent increase in digital revenues.

Posted in North America Tagged Earnings/Financial Reports
Posted February 8, 2012

LOS ANGELES, CA (BRAIN) Feb 8, 18:27 MT Sport Chalet Inc. on Wednesday reported a 2 percent decrease in same-store sales and slightly deeper loss for its fiscal third quarter as unseasonable weather kept customers away from winter resorts.

Posted in North America Tagged Earnings/Financial Reports
Posted February 8, 2012

OSAKA, Japan (BRAIN) Feb 8, 18:09 MT — With sales flat in most world markets, Shimano cited sales of sports bikes into China as driving its bicycle component sales up 5 percent last year to $2.3 billion (177.3 billion Yen).

Posted in North America Tagged Earnings/Financial Reports

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