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 Tue
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.
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 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 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 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 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 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 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 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 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 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.