Earnings/Financial Reports

Posted December 27, 2010

TAIPEI, TAIWAN (BRAIN)—Revenue for Taiwan’s top two manufacturers rose in November, putting both Giant and Merida on track for double digit growth in 2010, according to numbers released on the Taiwan Stock Exchange.

Posted November 10, 2010

SCOTTS VALLEY, CA (BRAIN)—Easton-Bell Sports, Inc. reported sales increased 10.2 percent in the third quarter to $198.8 million from $180.4 million a year ago, while gross margin increased to 35 percent from 34.4 percent. Team Sports sales grew 12.4 percent while Action Sports revenues grew 8 percent.

Posted November 10, 2010

WASHINGTON, D.C. (BRAIN)—Imports through September are not only up strongly over last year, they are higher than anytime over the past six years. Suppliers swung 15.46 million bikes over the pier so far, an increase of 3.8 million units over last year.

Posted November 9, 2010

WESTFORD, CT (BRAIN)—Fox Racing Shox posted its fourth consecutive quarter of double-digit revenue growth this week as net sales soared 66 percent in the third quarter of the year.

Posted November 7, 2010

MONTREAL, Quebec (BRAIN)—Dorel's third quarter recreational/leisure revenue increased 18.8 percent to $172.5 million compared to $145.2 million last year for the same time period.

Posted October 28, 2010

HELSINKI, Finland (BRAIN)—Mavic’s sales jumped 14 percent in the third quarter of the year as next year’s preseason orders began shipping, according to an earnings report released Thursday by Amer Sports, the wheel manufacturer’s Finnish owner.

Posted October 27, 2010

OSAKA, Japan (BRAIN)—Sales in Shimano’s bicycle segment soared almost 20 percent during the first three quarters of the year as the world economy showed signs of recovery, according to nine-month earnings figures released by the company on Wednesday.

Posted October 25, 2010

MILAN, Italy (BRAIN)—Oakley saw double digit growth in the third quarter of the year, led by exceptional performance in Europe, according to a earnings report released Monday by Luxottica, parent company of the eyewear giant.

Posted October 21, 2010

TAIPEI, Taiwan (BRAIN)—Giant’s Taiwan factory saw nearly 30 percent growth in September as production levels rebounded from 2009.

Posted October 14, 2010

WASHINGTON, DC (BRAIN)—Imports of mountain and comfort bikes up 13 percent in June were up 29 percent through August as suppliers opened the flood gates in the third quarter. Adult categories, up 12 percent in June, were up 24 percent in August, an increase of 957,865 units over last year.

Posted September 9, 2010

FRIEDRICHSHAFEN, Germany (BRAIN)—The value of exports from Taiwan’s bike manufacturers shot up 31 percent in the second quarter of 2010 as the global economy recovered and fuel prices rebounded, according to the Taiwan External Trade Development Council.

Posted August 18, 2010

TAIPEI, Taiwan (BRAIN)—Revenue from Ideal Bike Corporation’s Taiwan operations rebounded in July after nearly a year on the decline, according to revenue figures released on the Taiwan Stock Exchange.

Posted August 18, 2010

WASHINGTON, D.C. (BRAIN)—Imports of kids’ bikes through June showed no signs of slowing, according to figures from the U.S. Department of Commerce. Sidewalk bikes, 20-inch and 24-inch categories were up 32, 23 and 51 percent, respectively, compared to the same month in 2009.


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