Earnings/Financial Reports

Posted February 7, 2014
However, company forecasts 20 to 25 percent increase for first quarter of 2014.

MONTREAL, Quebec (BRAIN) — Dorel Industries’ earnings for the fourth quarter and all of 2013 in its recreational and leisure segment — which includes Cannondale, GT, Mongoose, Schwinn and Dorel’s mass-market bike brands — will come in lower than a year earlier due to “a poorer product mix” and late order delivery at Cycling Sports Group, the company announced.

Posted in North America Tagged Earnings/Financial Reports
Posted February 5, 2014

OSAKA, Japan (BRAIN) — Unfavorable weather in Europe and North America was countered by strong sales in China and a growing service parts business in all markets to drive Shimano’s sales 10 percent higher in 2013 to $2.68 billion (271.037 billion yen).

Posted in International Tagged Earnings/Financial Reports
Posted February 4, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp.’s sales for the year increased 15 percent, or $36.1 million, to $272 million, and its fourth-quarter sales were also up 15 percent to $65 million, the company said in a preliminary earnings statement.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 3, 2014

LOS ANGELES (BRAIN) — Despite lackluster holiday sales due to unseasonably mild winter weather in the Western U.S., Sport Chalet’s fiscal third quarter was its most profitable quarter since 2007, the sporting goods chain reported Monday.

Posted in Retail News Tagged Earnings/Financial Reports
Posted November 22, 2013

LONDON, UK (BRAIN) — Future Publishing, parent of Cyclingnews.com, BikeRadar.com, CyclingPlus magazine and other cycling titles, is reporting that its normalized revenues increased 3 percent in its recently concluded fiscal year.

Posted in International Tagged Media/Publishing / Earnings/Financial Reports
Posted November 21, 2013

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing continues to rack up profits as it closed its third quarter thanks to sales in China, where revenue grew 28 percent and the average selling price per unit continued to improve.

Posted in North America Tagged Earnings/Financial Reports
Posted November 19, 2013

HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season. 

Posted in International Tagged Earnings/Financial Reports
Posted November 19, 2013

TORONTO, Ontario (BRAIN) — Onex Corp., which owns Interbike, Outdoor Retailer and Bicycle Retailer, is reporting a sales increase of 16 percent to $7.1 billion in its third quarter compared with the same period of the prior year.

Posted in North America Tagged Earnings/Financial Reports
Posted November 11, 2013

LOS ANGELES, CA (BRAIN) — Southwest retailer Sport Chalet saw sales fall 5.2 percent in its more recent quarter, although the chain’s online retailing was up 32 percent. The company showed a net loss of $3 million in its second quarter.

Posted in Retail News Tagged Earnings/Financial Reports
Posted November 7, 2013

WESTPORT, CT (BRAIN) — CamelBak revenue was down 5 percent in the third quarter, a decline being blamed on cold, wet weather and the U.S. military's drawdown.

Posted in North America Tagged Earnings/Financial Reports
Posted November 7, 2013
Preseason orders down from last year as dealers remain cautious.

MONTREAL, Quebec (BRAIN) — Dorel’s recreational and leisure business rebounded from a disappointing second quarter, officials told investors Thursday morning during a third-quarter earnings call.

Posted in North America Tagged Earnings/Financial Reports

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