Earnings/Financial Reports

Posted May 25, 2017
Company seeks growth through acquisitions in consolidating trade show industry.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — In its first conference call with investors since its public offering in April, Emerald Expositions president and CEO David Loechner was optimistic about growth through acquisitions of shows and further consolidation in the B2B trade show industry.

Posted in North America Tagged Earnings/Financial Reports / Interbike
Posted May 11, 2017

TAICHUNG, Taiwan (BRAIN) — First-quarter revenue at Giant Manufacturing, the world's largest producer of bikes, continues a downward trend pointing to what could be another tough year for the industry.

Posted in International Tagged Earnings/Financial Reports
Posted May 5, 2017

MONTREAL (BRAIN) — Dorel Inc.’s bike division on Friday reported a drop in first-quarter revenue but said operating profit almost doubled to $10.1 million as margins improved and the division’s restructuring, including a 4 percent workforce reduction, reaped benefits. 

Posted in North America Tagged Earnings/Financial Reports
Posted May 4, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holdings reported a 32.6 percent increase in sales in its fiscal first quarter and has raised its guidance for the second quarter and the full fiscal year, for both sales and earnings.

Posted in North America Tagged Earnings/Financial Reports
Posted May 3, 2017

OLATHE, Kan. (BRAIN) —  Garmin on Wednesday reported a 2 percent gain in first-quarter revenue, to $639 million, as sales growth in its outdoor, marine and aviation segments countered declines in fitness and automotive sales.

Posted in North America Tagged Earnings/Financial Reports
Posted April 28, 2017

SAN MATEO, Calif. (BRAIN) —GoPro on Thursday reported a first-quarter loss of $111.2 million on revenue that rose 19 percent to $218.6 million, topping the company’s guidance for the period.

Posted in North America Tagged Earnings/Financial Reports
Posted April 27, 2017

HELSINKI (BRAIN) — Amer Sports Corporation is reporting that its cycling sales — comprising business by its Mavic and Enve brands — were down 5 percent in the January through March period, compared to the same period last year.

Posted in International Tagged Earnings/Financial Reports
Posted April 25, 2017

HEERENVEEN, Netherlands (BRAIN) —  Accell Group, which planned to hold its annual meeting of shareholders on Tuesday, said its sales in the first months of 2017 were at the same level as last year.

Posted in International Tagged Earnings/Financial Reports
Posted April 25, 2017
Net sales in the bike division were down 0.9 percent in Q1.

OSAKA, Japan (BRAIN) — Shimano's bike-related sales were down 0.9 percent in the first quarter compared with the same period last year, while operating income in the segment was down 3.2 percent.

Posted in International Tagged Earnings/Financial Reports
Posted March 29, 2017
Sales down 5.5 percent last year.

TAICHUNG, Taiwan (BRAIN) — Revenue at Giant Manufacturing, the world's largest maker of bicycles, slumped last year driven down by weak sales in China and lower sales in the U.S. as high inventory levels and heavy discounting took its toll.

Posted in International Tagged Earnings/Financial Reports
Posted March 29, 2017

CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation recorded sales of $16.4 million last year, down from $18.3 million the year before. The company recorded a net loss of $455,000 last year.

The company is headquartered in South Africa and its stock is traded on OTCQB market. 

Posted in International Tagged Earnings/Financial Reports

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