Earnings/Financial Reports

Posted August 29, 2018

PITTSBURGH (BRAIN) — Dick's Sporting Goods has reported a slight increase in net sales for the second quarter 2018, which ended Aug. 4. Sales for the quarter were up 1 percent over the same period last year, to $2.18 billion.

Posted in Retail News Tagged Earnings/Financial Reports
Posted August 9, 2018
Companywide sales were down 7 percent in recent quarter; executives discuss sell-off plans and potential impact of trade war.

FARMINGTON, Utah (BRAIN) — Vista Outdoor sales were down 6.6 percent in its most recent quarter and in an earnings call Thursday company executives gave some insights on their plans to sell off its Bell, Giro and Blackburn brands.

Posted in Industry News Tagged Trade/tariffs / Earnings/Financial Reports
Posted August 3, 2018
Second quarter sales were down from last year, but up from the first quarter as net losses outperform estimates.

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. announced second quarter sales of $283 million, down 5 percent from the same period last year, but up 40 percent compared to Q1. The company — which claims it holds a 97 percent share by dollar in the U.S.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 3, 2018

MONTRÉAL (BRAIN) — Dorel Industries said Friday that its bike business rebounded in the second quarter with revenue up $15.5 million or 7.4 percent to $224.5 million.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 1, 2018

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which offers Fox suspension, Marzocchi, Easton cycling and Race Face products in the cycling market, saw a 15.1 percent increase in sales of bike products in the second quarter.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 1, 2018

OLATHE, Kan. (BRAIN) — Garmin saw a 24 percent increase in sales in its fitness division (which includes its bike products) in the second quarter this year, and has seen a 23 percent increase year to date.

Posted in Industry News Tagged Earnings/Financial Reports
Posted July 30, 2018
Company says its STEPS E8000 e-MTB drive unit has been well received; says March's factory fire cost 1.6 billion yen — almost $20 million.

OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday. 

Posted in International Tagged Earnings/Financial Reports
Posted July 26, 2018

HELSINKI (BRAIN) — Amer Sports, owner of Enve and Mavic, reported Thursday that sales in its cycling division were down 13 percent in the first half of 2018, to 60 million euros ($70 million). In the second quarter, sales in the division were down 11 percent. 

Posted in International Tagged Earnings/Financial Reports
Posted July 20, 2018

HEERENVEEN, Netherlands (BRAIN) — Accell Group announced flat sales for the first half of 2018, with North American sales down sharply over the same period last year due to the loss of Dick's Sporting Goods sales.

Posted in International Tagged Earnings/Financial Reports
Posted May 15, 2018

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's first-quarter earnings report offers a look at how the e-bike market is changing the look of the bicycle industry.

Premium e-bike sales drove Giant's growth in the first quarter, accounting for more than 30 percent of its quarterly revenue.

Posted in International Tagged Earnings/Financial Reports
Posted May 9, 2018

ORLANDO, Fla. (BRAIN) — Recumbent trike manufacturer Catrike stated Wednesday that revenue grew 23 percent in its 2018 fiscal year.

Posted in Industry News Tagged Earnings/Financial Reports

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