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Club Ride second quarter sales up 37 percent

Published July 21, 2014

KETCHUM, Idaho (BRAIN) — Clothing brand Club Ride says its second quarter sales were up 37 percent compared to the same period last year to $718,000.

Sales for the first half of the year grew from $1.2 million last year to nearly $1.6 million this year.

The privately held company voluntarily releases its financial highlights each quarter. In its announcement Monday the company noted that it has recent contracted with Verde for public relations and social media marketing. The company also has recently launched an updated and mobile-friendly website; a dedicated dealer resources area is planned to go live next month. 

Club Ride also has added to new sales reps: Martin Gomez will oversee the Orange County-San Diego area and Jesse Stevens will manage West Virginia and Virginia.

The company introduced its 2015 Spring-Summer collection to retailers in June. Its Open Road collection now includes women's pieces and more men's styles. A new, upper-end men's short also is being offered in the Sun Valley collection.

Club Ride's CEO, Scott Montgomery, said, "We are proud of another strong quarter in terms of sales and to see increasing demand outside our borders. Our goal is to be the leading casual-performance cycling apparel brand in North America, and eventually around the world. We entered Q2 with a small backlog and still achieved our sales targets with fill-in orders and new dealers."

Topics associated with this article: Earnings/Financial Reports

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