Earnings/Financial Reports

Posted April 9, 2018

SEATTLE (BRAIN) — REI on Monday announced it achieved its highest revenues ever in 2017, $2.62 billion. The co-op now has 17 million members.

Posted in Retail News Tagged Earnings/Financial Reports
Posted March 23, 2018

MONTRÉAL (BRAIN) — The liquidation of Toys "R" Us has forced Dorel Industries to issue a new audited financial report, now showing a charge of $3.8 million due to the toy store chain's closure. $3.1 million of the charge is from Dorel Sports, which includes bicycle sales.

Posted in Industry News Tagged Earnings/Financial Reports
Posted March 9, 2018
Company says it has signed up more than 30 new dealers since launching a new omnichannel program.

KENT, Wash. (BRAIN) — For more than a few years Accell North America has been the problem child for its parent, Dutch-based Accell Group. That status would appear to continue judging from the annual report that Accell released early Friday.

Posted in Industry News Tagged Omnichannel / Earnings/Financial Reports
Posted March 8, 2018
Company says inventory levels are right and new sporting goods business should give it a boost.

MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.

Posted in International Tagged Earnings/Financial Reports
Posted February 27, 2018
On earnings call, company notes it's "cautiously optimistic" about its bike sales in 2018 and that inventory levels at OEs and aftermarket sales channels are "comfortable."

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. reported Tuesday that overall sales increased 8.6 percent to $121.1 million in the final quarter of 2017. That's up from $111.6 million for the same period the year before. 

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 21, 2018
Company forecasts flat sales of fitness products for 2018.

OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that fourth-quarter revenue rose 3 percent to $888 million driven by sales of outdoor, marine and aviation products. Revenue for the full fiscal year totaled $3.09 billion, up 2 percent.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 13, 2018

OSAKA, Japan (BRAIN) — Shimano saw a 4 percent increase in net sales in its bicycle division last year, while operating income in the segment was nearly flat, down 0.8 percent, the company announced Tuesday.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 9, 2018

GRAND RAPIDS, Mich. (BRAIN) – TerraTrike says it closed its fourth quarter of 2017 with 25 percent growth over the same period last year – the best in the company's 22-year history. The privately held company did not release specific revenue figures.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 8, 2018

HELSINKI (BRAIN) — Sales in Amer Sports Corporation's cycling division — comprising sales by Mavic and Enve — were down 10 percent in local currencies in 2017, Amer reported Thursday. In the final quarter of the fiscal year, the division's sales were also down 10 percent.

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

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a 38 percent drop in revenue to $334.8 million and a loss of $55.8 million for the fourth quarter following another weak holiday sales period for the action camera maker. Both results fell well short of Wall Street expectations.

Posted in Industry News Tagged Earnings/Financial Reports
Posted January 18, 2018

LONDON (BRAIN) — Sports nutrition brand Science in Sport plc has announced 2017 sales were 28 percent above the year prior, hitting 15.6 million pounds ($21.7 million). SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

Posted in Industry News Tagged Earnings/Financial Reports

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