Earnings/Financial Reports

Posted March 30, 2020

TAICHUNG, Taiwan (BRAIN) — As fears of COVID 19 have swept through markets worldwide, Giant Group is bracing for a difficult year ahead. However, record revenue for 2019 should help bolster the multi-national company as it attempts to minimize the virus’s impact on its global operations.

Posted March 26, 2020
Leatt introduced a line of mountain bike shoes in March.

CAPE TOWN, South Africa (BRAIN) — Protective gear manufacturer Leatt Corp. recorded a 16% increase in revenue for 2019 and a fourth-quarter rise of 32% year-over-year in financial results released through Dec. 31, 2019.

Posted March 20, 2020

LONDON (BRAIN) — Nutrition company Science in Sport reported a 24% increase in group revenue for 2019, in part thanks to the addition of PhD Nutrition, which SiS acquired in December 2018.

Posted March 11, 2020
The company said COVID-19 will likely affect its first quarter performance.
The cover of Dorel Sports' 2019 Product Portfolio

MONTRÉAL (BRAIN) — Dorel Sports is reporting flat revenues in the fourth quarter and 2.9% growth for the full year 2019. Dorel Sports is the parent of Cycling Sports Group, Pacific Cycle Group and Caloi. Its bike brands include Cannondale, GT, Fabric and Guru Cycling.

Posted March 10, 2020
Dick's Sporting Goods' net sales increased 4.7% for the fourth quarter.

PITTSBURGH (BRAIN) — Net sales at Dick's Sporting Goods increased 4.7% for the fourth quarter, compared to the same time last year, and 3.7% for 2019.

Fourth-quarter net sales were $2.61 billion for the period ending Feb. 1. For 2019, net sales were $8.8 billion, compared to $8.4 billion for 2018.

Posted March 6, 2020
Company says it's seen little impact from COVID-19.

BRASELTON, Ga. (BRAIN) — Fox Factory's sales in the bike market continue steady growth, up 11.3% in the fourth quarter and 6.3% for the full year. Full year sales were $299 million in the bike market, where the company sells products under the Fox, Marzocchi, Race Face and Easton brands.

Posted March 6, 2020

HEERENVEEN, Netherlands (BRAIN) — Accell Group says its traditional bike sales were down 13% in value last year, while sales of e-bike were up 11% and of cargo bikes up 47%.

Posted February 19, 2020
Helped by the Tacx acquisition, Garmin had profitable 2019.

OLATHE, Kan. (BRAIN) — Garmin Ltd. total revenue increased 18% in the fourth quarter with the fitness division — which includes Garmin's cycling products — increasing 34% year-over-year.

Posted February 14, 2020
 MIPS' fourth-quarter net sales increased 41% year-over-year.

STOCKHOLM (BRAIN) — MIPS' fourth-quarter net sales increased 41% year-over-year, while the helmet technology company's 2019 sales showed a 39% growth.

Posted February 13, 2020

OSAKA, Japan (BRAIN) — In its bicycle-related business Shimano Inc. saw a 4.6% increase in sales in 2019 compared to 2018 and a 1% increase in operating income in the year. 

The company said sales were solid in Europe and North America and even the years'-long downward trend in China has stopped. 

Posted February 7, 2020
GoPro announced its fourth-quarter earnings.

SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the fourth quarter increased 40% year-over-year to $528 million. Revenue for 2019 increased 4% year-over-year, reaching $1.2 billion, for the period ending Dec. 31.

Excluding GoPro drone business, full year revenues increased 7% year-over-year.

Posted February 6, 2020
Vista's Action Sports brands saw 3% sales growth.

ANOKA, Minn. (BRAIN) — Bell and Giro sales were up in Vista Outdoor's third quarter thanks to strong sales of winter sports products, the company announced Thursday.

Posted February 5, 2020

NEW YORK (BRAIN) — Connected stationary fitness bike brand Peloton Interactive reported revenue of $466.3 million in its second quarter — 77% up from the same quarter last year, but less than the 103% year-over-year growth it reported last quarter.


Subscribe to RSS - Earnings/Financial Reports