Earnings/Financial Reports
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which offers Fox suspension, Marzocchi, Easton cycling and Race Face products in the cycling market, saw a 15.1 percent increase in sales of bike products in the second quarter.
OLATHE, Kan. (BRAIN) — Garmin saw a 24 percent increase in sales in its fitness division (which includes its bike products) in the second quarter this year, and has seen a 23 percent increase year to date.
OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday.
HELSINKI (BRAIN) — Amer Sports, owner of Enve and Mavic, reported Thursday that sales in its cycling division were down 13 percent in the first half of 2018, to 60 million euros ($70 million). In the second quarter, sales in the division were down 11 percent.
HEERENVEEN, Netherlands (BRAIN) — Accell Group announced flat sales for the first half of 2018, with North American sales down sharply over the same period last year due to the loss of Dick's Sporting Goods sales.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's first-quarter earnings report offers a look at how the e-bike market is changing the look of the bicycle industry.
Premium e-bike sales drove Giant's growth in the first quarter, accounting for more than 30 percent of its quarterly revenue.
ORLANDO, Fla. (BRAIN) — Recumbent trike manufacturer Catrike stated Wednesday that revenue grew 23 percent in its 2018 fiscal year.
MONTRÉAL (BRAIN) — Dorel Industries, which operates three divisions including home, juvenile and sports businesses, reported that Toys R Us' liquidation impacted all three, resulting in a first-quarter impairment loss of $12.5 million total — about $2.1 million in home, $3.8 million in juvenile and $6.6 million in its sports segment, which includes its bike brands.
SAN MATEO, Calif. (BRAIN) — GoPro on Thursday posted a narrower-than-expected first-quarter loss on strong sell-through of its Hero5 Black and Hero6 Black action cameras.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions Events on Thursday reported 4.8 percent revenue growth for the first quarter. Revenue reached $142.2 million, compared with $135.7 million for the same quarter last year.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said sales in its bike product division, which includes Fox, Marzocchi, Race Face and Easton Cycling, were up 10.3 percent in the first quarter, which ended March 30. The company said original equipment orders drove the sales increase.
OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported record first-quarter revenue of $711 million, up 11 percent, on improved sales of outdoor, fitness, aviation and marine products. Those gains offset continuing declines in the company’s automotive business.
FARMINGTON, Utah (BRAIN) — Vista Outdoor Inc. plans to sell its Bell, Giro and Blackburn brands — and its Savage and Stevens firearms brands — and return its focus to ammunition sales.
Pages
Upcoming Events
1600 Pearl St., Ste 300
Boulder, CO 80302
This website copyright © 2024.
All rights reserved
