Earnings/Financial Reports

Posted November 10, 2016
Global sales decline for the quarter and year to date.

CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation is seeing strong growth in the U.S. market this year, with sales up 33 percent in the third quarter and 19 percent for the year to date. 

Posted in International Tagged Earnings/Financial Reports
Posted November 10, 2016
Results bolstered by acquisitions.

FARMINGTON, Utah (BRAIN) – Vista Outdoor, parent of Camelbak, Giro, Bell, Bushnell and other brands, posted sales of $684 million for the second quarter of its fiscal 2017. That's up 24 percent from the prior-year quarter. The results included $106 million from recent acquisitions.

Posted in North America Tagged Earnings/Financial Reports
Posted November 3, 2016

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a worse-than-expected loss for its third quarter and forecast fourth-quarter revenue below market expectations as production issues hampered availability of the newly launched Karma drone and Hero5 Black premium action camera heading into the important holiday sales period.

Posted in North America Tagged Earnings/Financial Reports
Posted November 3, 2016
IBDs are holding off on big preseason buys, company says. In weak market, division focuses on improving its margins, internal operations.

MONTREAL (BRAIN) — Dorel's bike division reported a drop in third-quarter revenue of $15.8 million, or 5.9 percent, and a year-to-date revenue decrease of $42.8 million, or 5.7 percent. Revenue for the quarter totaled $250.7 million, while year-to-date revenue was $703.7 million.

Posted in North America Tagged Earnings/Financial Reports
Posted November 2, 2016
Entry-level Rhythm product line 'on track,' company says.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said its sales increased 2.7 percent to $109 million in the third quarter, compared with $106.2 million in the same period last fiscal year.

Posted in North America Tagged Earnings/Financial Reports
Posted November 1, 2016

MALMO, Sweden (BRAIN) — The company pointed to three factors for the sales decline in the American region.

Posted in North America Tagged Earnings/Financial Reports
Posted October 26, 2016

OSAKA, Japan (BRAIN) — Shimano pointed to weak sales in Southeast Asia, Japan, China and South America as contributors to another steep decline in bike product sales. The company’s sales through the first nine months of this year were down 18.8 percent according to figures released this week.

Posted in International Tagged Earnings/Financial Reports
Posted August 16, 2016
E-commerce business, up 26 percent, drives same-store growth.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported Tuesday that net sales for the second quarter were up 7.9 percent over the same period last year, reaching approximately $2 billion. Same-store sales were up 2.8 percent, much higher than what Dick’s had forecasted.

Posted in Retail News Tagged Earnings/Financial Reports
Posted August 12, 2016
The owner of Giro, Bell and CamelBak sees a 14 percent slump in earnings.

SALT LAKE CITY (BRAIN) — Vista Outdoor saw sales increase to $630 million in its second quarter, as revenue from its new acquisitions of Bell, Giro, Jimmy Styks and CamelBak kicked in.

Posted in North America Tagged Earnings/Financial Reports
Posted August 10, 2016

TAICHUNG, Taiwan (BRAIN) — Continued turmoil in the global bicycle market has pummeled Giant Manufacturing’s first-half financial results, with the world’s leading maker of bicycles posting a 3.7 percent drop in revenue compared with a year earlier.

Posted in International Tagged Earnings/Financial Reports
Posted August 4, 2016
Company points to lower IBD sales in North America and reduced margins from discounting for revenue losses.

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Posted in International Tagged Earnings/Financial Reports

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