Earnings/Financial Reports

Posted November 20, 2017

PITTSBURGH, Penn. (BRAIN) — Dick's Sporting Goods has posted its sales and earnings for the third quarter of 2017, which ended Oct. 28. The company's net income for the quarter was $36.9 million or 35 cents per share, exceeding expectations of 22 to 30 cents per share.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 14, 2017
The Leatt 3.5 Neck Brace was introduced at Eurobike.

CAPE TOWN, South Africa (BRAIN) — Protective brand Leatt Corporation saw a 17.8 percent sales increase in its third quarter, which ended Sept. 30, as well as an increase in revenues in the year to date.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 13, 2017

TAICHUNG, Taiwan (BRAIN)  — It's been a tough year so far for Giant Manufacturing, and its third-quarter results have shown little improvement in its global position as the world's leading bicycle maker.

Posted in International Tagged Earnings/Financial Reports
Posted November 9, 2017
The owner of Bell, Giro and CamelBak sees declines in its outdoor product and shooting sports divisions.
Some of Vista Outdoor's Outdoor Sports brands.

FARMINGTON, Utah (BRAIN) — Vista Outdoors, the owner of Bell, Giro, Blackburn, Bollé, CamelBak and other brands, saw a 9.1 percent decline in sales in its most recent quarter in its Outdoor Products division, which includes those brands.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 2, 2017
But officials say sales are rebounding in the fourth quarter following extreme weather and US retail challenges that disrupted business.

MONTREAL (BRAIN) — Dorel Industries reported Thursday that third-quarter revenue in the division housing its mass-market and IBD bikes businesses plunged 18 percent due to factors including hurricanes and other extreme weather in North America, the bankruptcy filing of mass customer Toys R Us in September, and overa

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 1, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory reported record sales of $127.4 million in the third quarter, up 16.9 percent from the same period last year. In its bicycle division, which includes sales through the Fox, Marzocchi, Race Face and Easton Cycling brands, sales were up 8.8 percent in the quarter.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 1, 2017

SAN MATEO, Calif. (BRAIN) — GoPro on Wednesday reported a 37 percent increase in third-quarter revenue to $329.8 million and net income of $14.7 million, compared with a loss of $104 million in the same quarter a year earlier.

Posted in Industry News Tagged Earnings/Financial Reports / Bikeshare
Posted November 1, 2017

OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported a 3 percent increase in third-quarter revenue to $743 million, but the company's fitness segment — which includes cycling products — saw sales decline 12 percent during the period to $167 million.

Posted in Industry News Tagged Earnings/Financial Reports
Posted October 27, 2017

STOCKHOLM (BRAIN) — Thule Group announced Friday that its net sales were up 6.9 percent in its third quarter, the period from July through September. Adjusted for exchange rate fluctuations, sales rose 8.5 percent, to 1,385 million Swedish Krona ($165 million).

Posted in International Tagged Earnings/Financial Reports
Posted October 26, 2017

HELSINKI, Finland (BRAIN) — Sales in Amer Sports' cycling division, which comprises Mavic and Enve, were down 10 percent through the first nine months of the company's fiscal year, and down 8 percent in the third quarter. The company said its bike-related sales were hurt by high OEM and retail inventories.  

Posted in International Tagged Earnings/Financial Reports
Posted October 24, 2017

OSAKA, Japan (BRAIN) — Shimano saw a slight increase in sales in its bike division through the first nine months of 2017, up 1.4 percent to 196 billion yen ($1.7 billion) over sales in the same period last year. Operating income in the division decreased nearly 5 percent over the period however.

Posted in International Tagged Earnings/Financial Reports

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