Earnings/Financial Reports
SAN MATEO, Calif. (BRAIN) — In a U.S. Securities and Exchange Commission filing Tuesday, GoPro said it needs more time to file its third-quarter earnings report because it hasn't completed financial close procedures and documentation for accounting and valuation of financing arrangements during the quarter.
TAIPEI, Taiwan (BRAIN) — Giant Group’s monthly revenue growth trend continued into its fourth fiscal quarter, with a 1.6% uptick in October operating revenue announced Tuesday.
TAICHUNG, Taiwan (BRAIN) — Giant Group is reporting its third-quarter revenues were up 6.2% over the same quarter last year, while operating profit in the quarter rose 29%. Through the first three quarters of the year Giant's revenue is down 5.1%, although operating profit for the nine months was up 4.7%.
DULUTH, Ga. (BRAIN) — Following the sale of its Marucci business and the resignation of longtime CEO Mike Dennison, Fox Factory reported its sales were down 3.7% through the first three fiscal quarters of the year and 10.1% in the third quarter.
Malmö, SWEDEN ( BRAIN) — Swedish hydration pack and accessory maker USWE is reporting first-half sales of SEK62.8 million ($6.4 million), down 11% from the first half last year.
USWE's currency-adjusted organic growth for the period was -4%, compared to 24% growth in the period last year.
OLATHE, Kan. (BRAIN) — Garmin recorded record consolidated revenue in the third quarter with a 12% year-over-year increase. Its Fitness segment, which includes cycling products, posted a 16% rise in revenue.
OSAKA, Japan (BRAIN) — Shimano’s bicycle component sales increased 4.6% to ¥278.4 billion ($1.76 billion) in the first nine months of the company’s fiscal years while operating income in the division increased 10.9% over the period.
STOCKHOLM (BRAIN) — Thule Group's third-quarter net sales grew 3% year-over-year despite a continued sluggish North America market.
STOCKHOLM (BRAIN) — Led in part by the 12th consecutive quarter of growth in its Sports sub-category, MIPS' net sales increased 59% year-over-year in the third quarter.
EL PASO, Texas (BRAIN) — Led by a surge in travel and lifestyle pack demand in the second quarter, Osprey and Hydro Flask parent Helen of Troy reported an overall 2.1% year-over-year net sales increase.
TAIPEI, Taiwan (BRAIN) — Taiwan’s three publicly traded bike manufacturers had wildly varying August results, according to Operating Revenue Reports filed with the Taipei stock exchange on Thursday.
SHENZHEN, China (BRAIN) — Dahon reported first-half revenue increased 53.7% year-over-year in the first full year of the folding bike brand's listing of shares on the Hong Kong Stock Exchange.
PITTSBURGH (BRAIN) — Dick's Sporting Goods net sales increased 53% year-over-year in the second quarter, boosted in part from its acquisition of Foot Locker last September.
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