Earnings/Financial Reports

Posted June 26, 2014

NEW YORK (BRAIN) — Action camera maker GoPro went public Thursday morning, with shares priced at $24 and opening at $28.65 on the New York Stock Exchange, where GoPro founder Nick Woodman rang the opening bell.

By mid-morning the stock, trading under the GPRO symbol, was trading at close to $32.

Posted in North America Tagged Earnings/Financial Reports
Posted May 29, 2014

LONDON (BRAIN) — Future plc has agreed to sell its Sport and Craft titles, including its cycling magazines and cycling websites, to Immediate Media Company for £24 million ($40.1 million), the company announced early Thursday.

Posted in International Tagged People / Mergers & Acquisitions / Media/Publishing / Earnings/Financial Reports
Posted May 13, 2014

OSAKA, Japan (BRAIN) — Shimano’s sales hit $742.2 million (75.7 billion yen) over the first quarter, compared to $620.5 million (63.3 billion yen) over the same period last year. Sales in its bike division hit $598.6 million (61.1 billion yen), an increase of 19 percent. 

Posted in International Tagged Earnings/Financial Reports
Posted May 8, 2014

WESTPORT, Conn. (BRAIN) — CamelBak sales over the first quarter were $38.8 million, down from $42.8 million last year. CamelBak is a division of Compass Diversified Holdings, which published its first quarter earnings this week.

Posted in North America Tagged Earnings/Financial Reports
Posted May 8, 2014
Interim president Peter Woods promoted

MONTREAL (BRAIN) — The bike division at Dorel Industries saw revenues grow 18 percent during the first quarter, with gross profit and operating profit also up 17 and 71 percent, respectively. Officials pointed to better sales and cost control for the improvement over last year.

Posted in North America Tagged Earnings/Financial Reports
Posted May 8, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory sales increased 2.2 percent to $56.1 million over the first quarter, up from $54.9 million last year. But sales of mountain bike products decreased 4.4 percent , offset by a 14.1 percent increase in sales of powered vehicle products.

Posted in North America Tagged Earnings/Financial Reports
Posted May 7, 2014

CARLSBAD, Calif. (BRAIN) — Optical brand Spy Inc. on Tuesday reported its 12th consecutive quarter of revenue growth as sales ticked up 2 percent in the first quarter of 2014.

Posted in North America Tagged Earnings/Financial Reports
Posted May 6, 2014

SALT LAKE CITY (BRAIN) — Outdoor supplier Black Diamond Inc., which owns the protective brand POC, is reporting that its first-quarter 2014 sales were up 7 percent, to $54.5 million, while gross margins were up 70 basis points to 38.4 percent.

Posted in North America Tagged Earnings/Financial Reports
Posted April 30, 2014
But company acknowledges slower-than-expected start in action-camera market.

OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported double-digit growth in first-quarter revenue for all business segments except automotive/mobile, where declining demand for personal navigation devices dragged sales down 4 percent compared with a year earlier. 

Posted in North America Tagged Earnings/Financial Reports
Posted April 24, 2014

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. is reporting a positive start to the year.

Posted in International Tagged Earnings/Financial Reports
Posted April 24, 2014

KETCHUM, Idaho (BRAIN) — Club Ride Apparel sale were up 47 percent in the first quarter, to $856,000, compared with sales of $583,000 in the same quarter last year, the company stated.  

Posted in North America Tagged Earnings/Financial Reports

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