Earnings/Financial Reports

Posted July 30, 2015
Bike-related sales were up nearly 30 percent.

OSAKA, Japan (BRAIN) — Shimano Inc. sales were up nearly 26 percent in the first half this year, to 197 billion yen ($1.6 billion) worldwide. Bike sales were up 29.7 percent. The company said a solid economy in the U.S. contributed to the results, as did the continued depreciation of the yen.

Posted July 29, 2015

HELSINKI (BRAIN) — Mavic sales were up 3 percent globally in the first half of this year, as its parent company Amer Sports Corporation recorded a net sales increase of 9 percent, to 461.1 million euros ($509 million). 

Posted July 24, 2015
Growth from e-bike sales in Europe; North American performance 'below expectations.'

HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. noted that operating profit in the first half of the year was up 29 percent to $53.8 million (€49.1 million), while net profit was up 21 percent to $34.9 million (€31.9 million).

Posted July 23, 2015

SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.

Posted July 22, 2015

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.

GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."

Posted May 19, 2015
Same-store sales up 1.8 percent

PITTSBURGH (BRAIN) — Dick’s Sporting Goods, Inc. reported a sales increase of 8.8 percent in its first quarter, which ended May 2. The company's net sales were $1.6 billion, or $0.53 per diluted share; same store sales were up 1.8 percent from the same time in 2014.

Posted May 7, 2015
Organic revenue up 3 percent in bike business excluding currency issues. Growth buoyed by IBD sales in Europe, Japan and Brazil. U.S. market off to slow start.

MONTREAL (BRAIN) — While worldwide currencies have somewhat stabilized against the U.S. dollar, foreign exchange rates dealt a major blow to Dorel's first-quarter earnings across all of its business divisions, officials told analysts during a call Thursday morning.

Posted May 7, 2015

PETALUMA, Calif. (BRAIN) — CamelBak sales for the first quarter this year were down 4.8 percent from the same period last year, a decline the company attributed to the strong U.S. dollar, the West Coast port shutdown and a continued downsizing of the U.S. military.

Posted May 7, 2015
Bike-related sales up 6 percent, mostly due to the addition of Race Face and Easton sales.

SCOTTS VALLEY, Calif. (BRAIN) — "Alternative logistics" helped Fox Factory exceed its sales expectations for the first quarter, despite the West Coast port shutdowns.

Posted May 4, 2015
Reorganization of Oakley expected to double brand's revenue in three years.

MILAN (BRAIN) — Italian eyewear maker Luxottica Group, parent of brands including Oakley, Arnette and Ray-Ban, reported Monday that first-quarter net profit surged almost 34 percent to 210.4 million euros ($234.7 million) as sales in North America rose 29.4 percent and foreign exchange rates provided "a material tai

Posted April 30, 2015
Bike-related sales lead the way with 34 percent gain.

OSAKA, Japan (BRAIN) — Shimano is on a roll, pocketing an extra $518.7 million in new business last year and adding to that $187.7 million in additional sales it earned over the first quarter ended in March.

Posted April 30, 2015

SAN MATEO, Calif. (BRAIN) — GoPro recorded its second-highest revenue quarter in company history in the first quarter this year, registering sales of $363 million and operating income of $22.3 million.

The company said the top five best-selling camera/camcorders in the U.S. are all GoPro models.

Posted April 29, 2015

OLATHE, Kan. (BRAIN) — Garmin's overall revenues were flat in the first quarter, but its fitness division — which includes its cycling-related products — grew by 31 percent, the company announced Wednesday.


Subscribe to RSS - Earnings/Financial Reports