Earnings/Financial Reports

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.

Posted August 11, 2008

WESTPORT, CT (BRAIN)—Fox Racing Shox earned $34.4 million in the second quarter of 2008 compared with $26.7 million for the same period of 2007, according to an earnings report released by Fox’s parent company, Compass Diversified Holdings, on Monday.

Posted August 7, 2008

MONTREAL, Quebec (BRAIN)—Dorel Industries reported its highest six-month revenue and net income in company history on Thursday, aided in part by the purchase of Cannondale and Sugoi in the first quarter.

Posted July 31, 2008

MILAN, Italy (BRAIN)—Oakley sales continued to soar in the second quarter of 2008 with the company reporting another period of double-digit growth. Sales jumped 19.6 percent in the second quarter, on top of the 15 percent growth Oakley saw in the first quarter of the year.

Posted July 30, 2008

OLATHE, KS (BRAIN)—Garmin reported revenues in its Outdoor/Fitness segment revenue increased 54 percent to $119 million in the second quarter.

The gains were due to the strength of our product introductions in the quarter, including the Colorado series, the Forerunner 405 and the Edge 705.

Posted July 23, 2008

HEERENVEEN, Netherlands (BRAIN)—Accell Group reported a 20-percent profit for the first half of 2008, crediting the acquisition of Ghost mountain bikes and strong bikes sales for its success.

Posted June 9, 2008

TAICHUNG, Taiwan (BRAIN)—Stock values for Taiwan’s two leading bicycle makers, Giant and Merida, are going up as investors bet that rising oil prices will boost bicycle demand.

Posted May 28, 2008

TAICHUNG, Taiwan (BRAIN)—Taiwan’s bike industry has started the year strong, with total bicycle export numbers up nearly 18 percent through the first quarter to 1.54 million units.

Posted May 19, 2008

OSAKA, Japan (BRAIN)—Shimano’s first-quarter 2008 revenues jumped almost 16 percent over those from the same period last year, to $532.7 million, and net income was up by nearly the same percentage, to $51.3 million.

Posted May 14, 2008

VAN NUYS, CA (BRAIN)—Sales in Easton-Bell’s Action Sports segment increased 12 percent in the first quarter of 2008, helping to offset a small decline in the company’s Team Sports category, according to the company’s form 10-Q filed with the Securities and Exchange Commission on May 13.

Posted May 12, 2008

WESTPORT, CT (BRAIN)—Sales at Fox Racing Shox jumped 47.5 percent in the first quarter of 2008, although the company posted an operation loss of $198,000.


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