Earnings/Financial Reports
HELSINKI (BRAIN) — Amer Sports is reporting that sales in its cycling division — which is entirely composed of its Mavic brand — declined 2 percent in its third quarter, to 32.4 million euros ($40.9M), down from 33.1 million euros ($41.8M) in the same period last year.
KETCHUM, Idaho (BRAIN) — Club Ride Apparel says its sales were up 43 percent in the third quarter of 2014, to $428,000.
PETALUMA, Calif. (BRAIN) — CamelBak’s sales totaled $79.7 million in the first half of the year, up from $77.3 million in sales during the same period last year.
SCOTTS VALLEY, Calif. (BRAIN) — Fox sales hit $142.5 million over the first six months of 2014, up 14 percent compared to the same period last year. The sales increase reflects a 35 percent growth in powered vehicle products and a 2 percent growth in mountain bike products.
CARLSBAD, Calif. (BRAIN) — Spy Inc. on Wednesday reported an 18 percent decrease in second-quarter sales compared with a year earlier, ending 12 consecutive quarters of year-over-year growth at the optical brand.
MONTREAL (BRAIN) — Dorel Industries, parent company of Cannondale Sports Group and Pacific Cycle, which includes the Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi brands, reported double-digit revenue growth in the second quarter across its bike segment.
OSAKA, Japan (BRAIN) — Shimano's overall sales were $1.52 billion (156.3 billion Yen) over the first six months of the year, compared to $1.3 billion (133.1 billion Yen) last year.
HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. reported overall revenue gains for the first six months of the year. Revenue was up 4 percent to 506.2 million euros ($679.8 million), up from 503.8 million euros ($676.6 million) in the first half of 2014.
HELSINKI, Finland (BRAIN) — Mavic's sales have grown 10 percent in the first half of 2014, thanks especially to strong sales in the April-June period, the brand's parent, Amer Sports, announced Thursday.
KETCHUM, Idaho (BRAIN) — Clothing brand Club Ride says its second quarter sales were up 37 percent compared to the same period last year to $718,000.
Sales for the first half of the year grew from $1.2 million last year to nearly $1.6 million this year.
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.
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.
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.
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