Follow Bicycle Retailer

Earnings/Financial Reports

Posted October 31, 2011
OSAKA, Japan (BRAIN)—Shimano’s net sales climbed 3.7 percent to $2.1 billion (161.6 billion yen) while its operating income dropped 11 percent during the first nine months of 2011.

Posted in North America Tagged Earnings/Financial Reports
Posted October 27, 2011
HELSINKI, Finland (BRAIN)—Sales at Mavic rose 15 percent in the third quarter, with strong growth in wheels and cycling shoes, parent company Amer Sports stated in an earnings call Thursday.

Posted in North America Tagged Earnings/Financial Reports
Posted October 24, 2011
MILAN, Italy (BRAIN)—Luxottica Group S.p.A. reported net sales at its Wholesale Division, which owns Oakley, rose to €555.1 million ($784 mm) in the third quarter ending Sept. 30, from €518.3 million ($669 mm) in the third quarter of 2010.
Posted in North America Tagged Earnings/Financial Reports
Posted October 11, 2011
HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has sold its 22 percent stake in Derby Cycle AG to Pon Holdings at a price of €28 per share.

For Accell Group this results in a book profit of €17 million on the sale of its shares in Derby Cycle.

Posted in North America Tagged Earnings/Financial Reports
Posted September 22, 2011
HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has taken notice of the intention of Pon Holdings B.V. to make a public offer for all outstanding shares of Derby Cycle
at a price of € 28 per share.

Accell Group announces that it does not intend to launch a
Posted in North America Tagged Earnings/Financial Reports
Posted August 29, 2011
CLOPPENBURG, Germany (BRAIN)—Derby Cycles sold 73,000 electric bicycles in the first nine months of the year, a jump of nearly 86 percent from the same time period last year, according to an earnings report released by the company on Monday.

Posted in North America Tagged Earnings/Financial Reports
Posted August 15, 2011
VAN NUYS, CA (BRAIN)—Easton Bell Sports sales hit $211.9 million in its second quarter ending July 2, an increase of 4.5 percent compared to sales of $202.8 over the quarter last year.

Posted in North America Tagged Earnings/Financial Reports
Posted August 12, 2011
WASHINGTON, D.C. (BRAIN)—Suppliers brought in 17 percent fewer bikes, a shortfall of 1.5 million units, through June compared to the same period last year. The 30 percent drop in kid’s imports, off 1.4 million units, explains most of the overall shortfall.

Posted in North America Tagged Earnings/Financial Reports
Posted August 9, 2011
WATSONVILLE, CA (BRAIN)—Fox Racing Shox saw sales to Europe and Asia grow to $30.4 million over the second quarter, up from $21 million over the same quarter last year.

Posted in North America Tagged Earnings/Financial Reports
Posted August 9, 2011
MONTREAL (BRAIN)—Strong sales in Europe among Dorel Industry’s specialty brands drove nearly 16 percent growth in the company’s cycling segment in the second quarter of the year, according to an earnings report released on Tuesday.

Posted in North America Tagged Earnings/Financial Reports
Posted August 4, 2011
LA CANADA FLINTRIDGE, CA (BRAIN)—Sports Chalet saw its sales total $82.8 million, an increase of 3.9 percent in the first quarter compared with a year ago. Sports Chalet, however, still reported a loss of $0.8 million, or 6 cents a share.
Posted in North America Tagged Earnings/Financial Reports
Posted August 4, 2011
CLOPPENBURG, Germany (BRAIN)—Germany’s Derby Cycle expects to post third-quarter revenue of around 84.4. million euros ($122.3 million), an increase of 35 percent over the same quarter last year.

Posted in North America Tagged Earnings/Financial Reports
Posted August 4, 2011
HELSINKI, Finland (BRAIN)—Mavic sales grew 17 percent in the second quarter of the year, driven equally by sales of wheels and cycling soft goods like footwear and apparel, Heikki Takala, president and CEO of Mavic’s owner Amer Sports said in a conference call on Thursday.

Posted in North America Tagged Earnings/Financial Reports
Posted July 27, 2011
OSAKA, Japan (BRAIN)—Sales in Shimano’s bicycle components segment increased 3.3 percent for the first six months of the year as the world economy remained on a modest recovery track, the company said in an earnings report released Wednesday.

Posted in North America Tagged Earnings/Financial Reports
Posted July 22, 2011
HEERENVEEN, the Netherlands (BRAIN)—Accell Group reported 9 percent growth in sales and 13 percent rise in net profit for the first six months of the year, according to earnings figures released Friday by the Dutch company.

Posted in North America Tagged Earnings/Financial Reports
Posted July 20, 2011
BOULDER, CO (BRAIN)—Outdoor Industry Association has released the OIA VantagePoint June Monthly Trend Report, which reveals that compared to the general retail sector, outdoor product sales notched a smaller-than-anticipated 2.7 percent sales increase for the five-week fiscal month of June to $1.23 billion.
Posted in North America Tagged Earnings/Financial Reports
Posted June 25, 2011
CHICAGO (BRAIN)—SRAM has paid off its private equity investor, a step the company previously said it would make before going public.

Posted in North America Tagged Earnings/Financial Reports
Posted June 13, 2011
MELBOURNE, Australia (BRAIN)—Imports of children’s bikes continued to slump in Australia in April, dropping to 50,000 during the months of January to April compared with 80,000 for the same time period in 2010, according to statistics released by the nonprofit Bicycle Industries Australia.

Posted in North America Tagged Earnings/Financial Reports
Posted May 26, 2011
MONTREAL (BRAIN)—Dorel Industries’ CEO Martin Schwartz spoke briefly to the company’s shareholders Thursday morning reiterating the success Dorel has seen in its bike division in recent months.

Posted in North America Tagged Earnings/Financial Reports
Posted May 23, 2011
CLOPPENBURG, Germany (BRAIN)—Derby Cycle reported a revenue increase of 40 percent during the first half of its financial year doubled sales of electric bikes, according to a financial report released Monday by the German company.

Posted in North America Tagged Earnings/Financial Reports

Pages

Subscribe to RSS - Earnings/Financial Reports