Earnings/Financial Reports
TAICHUNG, Taiwan (BRAIN) — Giant Group’s net revenue through the first three quarters of its fiscal years was down 16.9% from last year, to NT$47.96 billion ($1.55 billion). The manufacturer said its gross margin for the period was 19.8% and net profit before tax was NT$1.43 billion.
SALT LAKE CITY (BRAIN) — Clarus Corp., which owns the Black Diamond outdoor brand and the Rhino-Rack and Rocky Mounts rack brands, announced third-quarter sales of $69.3 million, up 3% from the same quarter last year.
DULUTH, Ga. (BRAIN) — Fox Factory reports its net sales were up 4.8% in the third quarter, largely thanks to the company's powered-vehicle businesses. Its Speciality Sports Group (SSG), which includes its bicycle-related businesses and its ball-sports brands, had an 11.2% decrease in revenues in the quarter.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation revenue increased 18% year-over-year as all of its head-to-toe protective gear categories — mountain bike, moto, and off-road adventure riding — grew by double digits during the period.
OLATHE, Kan. (BRAIN) — Garmin Ltd. consolidated revenue increased 12% year-over-year in the third quarter led by the Fitness segment that includes cycling products.
TOKYO (BRAIN) — Shimano's sales of bicycle products through the first nine months of the year totaled 266,243 million yen ($1.749 billion), up 5% from the same period last year. Bicycle-related operating income in the period was down 27% from the same period last year, to 30,161 million yen.
TAIPEI, Taiwan (BRAIN) — Taiwan's three publicly traded bike factories are reporting their sales were down in September, year-over-year, although Ideal Bike, the smallest of the three, recorded sales closer to flat.
STOCKHOLM (BRAIN) — Thule Group's net sales rose 7.9% year-over-year in the third quarter aided by last year's Quad Lock acquisition. Organically, sales declined 4%.
STOCKHOLM (BRAIN) — MIPS third-quarter net sales increased 10% year-over-year despite the helmet technology brand saying tariffs in the U.S. market required raising prices to manage costs.
EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent company Helen of Troy second-quarter net sales declined 8.9% year-over-year, prompting its new CEO to say a return to growth won't be swift.
TAICHUNG, Taiwan (BRAIN) — Just prior to the opening of the Taichung Bike Week OE event here this week, three of Taiwan’s largest OE bike makers announced that operating revenues had declined in August, with two of them down for the year-to-date.
VIENNA (BRAIN) — Woom announced it had the best six months in its 12-year history with a 41% increase in revenue.
Pages
1600 Pearl St.
Boulder, CO 80302
This website copyright © 2025.
All rights reserved
