Earnings/Financial Reports

Posted March 1, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. is reporting a 16.6 percent increase in revenue in its fourth quarter, capping a nearly 10 percent increase in sales for the company's full fiscal year, which ended Dec. 30, 2016.

Posted February 24, 2017

OLATHE, Kan. (BRAIN) — Garmin Ltd. this week reported a 10 percent jump in fourth-quarter revenue fueled in part by strong sales of wearable devices like its Fenix adventure watches and Vivofit activity trackers.

Posted February 14, 2017
Company announces impairment charges for Pearl Izumi USA. Forecasts less than percent growth in bike-related business in 2017.

OSAKA, Japan (BRAIN) — Shimano's worldwide bicycle-related sales slumped 17.4 percent in the company's fiscal 2016 to 259,455 million yen ($2.27 billion), while operating income in that segment declined 27.5 percent, the company announced Tuesday.

Posted February 9, 2017
Enve and Mavic sales top $160 million for the year.

HELSINKI (BRAIN) — Amer Sports' cycling sales, through its Mavic and Enve brands, were up 8 percent last year, to 150.2 million euros ($160 million), up from 138.5 million the prior year.

Posted February 2, 2017

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a widened fourth-quarter net loss of $115.7 million — its fifth consecutive quarter in the red — and a full-year loss of $419 million.

Posted November 15, 2016
Company looking to omni-channel sales to compensate for reduced specialty retailer sales.

HEERENVEEN, Netherlands (BRAIN) — Sales of performance e-bikes continue to drive sales increases for Accell Group, the parent company of Raleigh, Diamondback, Haibike and other bike brands.

Posted November 14, 2016

TAICHUNG, Taiwan (BRAIN) — The global slump in bicycle sales, especially in the U.S. and China, has taken a toll on Giant's first three quarters of 2016 with overall revenue down 6.5 percent.

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 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 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 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 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 November 1, 2016

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

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