Earnings/Financial Reports

Posted March 1, 2009

HEERENVEEN, The Netherlands (BRAIN)—Accell Group posted a 17-percent growth in profits in 2008 due to strong sales of bicycles, a better product mix and the acquisition of Ghost, according to a year-end earnings report released last Friday.

Posted February 17, 2009

OSAKA, Japan (BRAIN)—Shimano reported an 11-percent jump in sales in 2008, ending the year with $2.59 billion in net sales, according to Shimano’s 2008 earnings as reported to the Tokyo Stock Exchange.

Net income for 2008 was $277 million, or 25.15 billion yen, an increase of 26.4 percent over 2007.

Posted February 5, 2009

MILAN, Italy (BRAIN)—Oakley’s parent company released net sales figures for 2008 on Thursday, depicting a challenging fourth quarter for the high-end eyewear company even as Oakley remained a bright spot.

Posted December 1, 2008


Posted November 30, 2008

LOS ANGELES, CA (BRAIN)—Sport Chalet’s sales decreased to $96.5 million during its second fiscal quarter ending September 28. This sales figure includes seven new stores the company opened compared to its second quarter last year.

Posted November 30, 2008

PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods reports that its overall sales were $924.2 million, up 10 percent from its 2007 sales of $838.8 in the third quarter ending November 1.

Posted November 19, 2008

HEERENVEEN, the Netherlands (BRAIN)—Accell Group raised its projected 2008 profit from an expected 10-percent increase over 2007 to a 15 percent jump based on the company’s performance so far this year.

Posted November 17, 2008

WESTPORT, CT (BRAIN)—Sales for Fox Racing Shox jumped $10.2 million in the third quarter of the year, helping to boost the bottom line of its parent company, Compass Diversified Holdings.

Posted November 7, 2008

VAN NUYS, CA (BRAIN)—Easton Bell saw a 7.8 percent increase in net sales during the third quarter of 2008, thanks in part to strong sales of cycling equipment, according to an earnings report issued last week.

Posted November 5, 2008

MONTREAL, Quebec (BRAIN)—Dorel Industries reported a big boost in its bike business for the third quarter of the year despite supply issues that delayed shipments of high-end Cannondale bikes.

Posted October 28, 2008

MILAN, Italy (BRAIN)— Oakley sales rose 16 percent in the third quarter of 2008, helping to boost parent company Luxottica during difficult economic conditions.

Luxottica released earnings for the period ending September 30 during a conference call on Tuesday morning.

Posted September 3, 2008

FRIEDRICHSHAFEN, Germany (BRAIN)—Executives at Giant Bicycle should be all smiles tomorrow as Eurobike opens to what should be a record number of visitors.

Posted August 12, 2008

VAN NUYS, CA (BRAIN)—Easton-Bell Sports said on Tuesday that sales of cycling helmets, accessories and components, eyewear, snowsports helmets and other fitness-related products grew 9.4 percent in the second quarter of 2008, helping boost the company’s overall sales by $14 million.


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