Earnings/Financial Reports

Posted May 12, 2011

CHICAGO (BRAIN)—SRAM’s pending IPO could benefit from the current positive state of the capital markets, according to financial analysts.

Posted May 12, 2011

Chicago, Ill (BRAIN)—SRAM International Corporation could raise up to $300 million in an initial public offering, according to a preliminary prospectus filed today with the Securities and Exchange.

Posted May 11, 2011

MELBOURNE, Australia (BRAIN)—Australia import figures for the month of March show a continued slow trend in children’s bikes, while adult bikes remained steady, according to data released by the nonprofit Cycling Promotion Fund.

Posted May 9, 2011

WATSONVILLE, CA (BRAIN)—Sales at Fox Racing Shox hit $42.9 million through March 2011, an increase of 31 percent over last year’s sales of $32.7 million, and exceeding the company’s expectations, according to Compass Diversified Holdings first quarter report.

Posted May 5, 2011

VAN NUYS, CA (BRAIN)—A strong start to the bike season led Easton-Bell Sports to sales growth of 5 percent in the first quarter of the year.

Posted May 4, 2011

By Matt Wiebe

SEATTLE, WA—Recreational Equipment Inc. reported a record year in 2010 with an all-time high operating income due in part to its growing bike business.

Posted April 28, 2011

MILAN, Italy (BRAIN)—Sales of Oakley eyewear increased 11 percent in the first quarter of the year, helping drive parent company Luxottica to double digit growth in revenue and profitability.

Posted April 28, 2011

HEERENVEEN, the Netherlands—Accell Group said in a shareholder meeting today that first quarter turnover has increased over last year.

Posted April 28, 2011

HELSINKI, Finland (BRAIN)—Mavic’s sales grew 8 percent in the first quarter of the year according to earnings released early Thursday by parent company Amer Sports.

For the first three months of the year, revenue was 34.4 million euros compared with 29.3 million euros for the same time period in 2010.

Posted April 26, 2011

TAIPEI, Taiwan (BRAIN)—First quarter earnings were a mixed bag for Taiwan’s top manufacturers, according to figures released on the Taiwan Stock Exchange.

Posted April 26, 2011

OSAKA, Japan (BRAIN)—Shimano posted a 2.2 percent increase in sales in its bike division during the first quarter compared to the same period last year.

Posted April 22, 2011

MELBOURNE, Australia (BRAIN)—Bicycle imports for the month of February fell in Australia, according to statistics released by the nonprofit Bicycle Industries Australia group.

Posted March 25, 2011

WASHINGTON, D.C. (BRAIN)—Imports of mountain bikes in January were 51 percent higher than last year, and road bike imports are up 66 percent, according to Department of Commerce reports. Overall suppliers brought in 980,352 bikes, or 37,760 more than a year ago.


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