Earnings/Financial Reports

Posted July 27, 2022

ANOKA, Minn. (BRAIN) — Vista Outdoor reports that its sales grew 21% in its fiscal first quarter, mostly due to a double-digit sales increase in its Sporting Products division, which includes its ammunition brands. In its Outdoor Products division, which includes the bike-related brands Bell, Giro, Blackburn, CamelBak, and QuietKat, sales were down 2%.

Posted July 27, 2022

OLATHE, Kan. (BRAIN) — Decreased demand in cycling and advanced wearable products led to a 6% year-over-year revenue decline for Garmin Ltd. in the second quarter.

Posted July 26, 2022

OSAKA, Japan (BRAIN) — Shimano Inc.'s bike-related sales were up 17.2% in the first half of the year compared to the same period last year, while the company's operating income in its bike segment increased 20.2%.

Posted July 21, 2022

STOCKHOLM (BRAIN) — Thule Group reported a year-over-year 2.6% net sales increase, saying global supply chain challenges, the Russian invasion of Ukraine, and raw material price increases continue to affect its operations.

Posted July 21, 2022

STOCKHOLM (BRAIN) — MIPS' second-quarter net sales increased 45% year-over-year with the Sport category driven by snow helmet demand and less by bike helmets.

Posted July 7, 2022
Company is the new owner of Osprey.

EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.

Posted June 3, 2022

BERLIN (BRAIN) — E-commerce retailer Signa Sports United reported its first quarterly results that included numbers from WiggleCRC and Tennis Express, which it acquired in December. Quarterly sales were up 48% to 269 million euros ($288 million).

Posted May 25, 2022

PITTSBURGH (BRAIN) — Dick's Sporting Good reported first-quarter net sales decreased 7.5% year-over-year for the period ending April 30.

Posted May 12, 2022

TAIPEI, Taiwan (BRAIN) — Giant Group revenues in the first quarter was NT$22.26 billion ($746 million), up 8% from the same quarter last year.

Posted May 12, 2022

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported its seventh consecutive quarter of record-breaking revenue, with first-quarter revenue increasing 88% year-over-year, led by mountain bike and moto helmet sales.

Posted May 9, 2022
Photo from Orbea's factory in Mallabia, Spain.

ERMUA, Spain (BRAIN) — Orbea, the Basque co-op bike manufacturer, had its sixth consecutive record sales year in 2021, hitting 282 million euros ($298 million). The co-op added 170 news jobs in the year, bringing its total workforce to nearly 1,000, with 90% of its workers in Europe.

Posted May 6, 2022
Bike-related sales notch 8th consecutive record quarter

DULUTH, Ga. (BRAIN) — Fox Factory’s CEO says the mountain bike industry will return to something like normal in the fourth quarter this year and he expects Fox’s bike-product sales to return to a more traditional growth rate following several years of very high growth.

Posted May 5, 2022

SAN MATEO, Calif. (BRAIN) — GoPro Inc. first-quarter revenue was up 6% year-over-year with the company's profitability being credited to adopting a more direct-to-consumer subscription-oriented business model.

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