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Earnings/Financial Reports

Posted May 8, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory sales increased 2.2 percent to $56.1 million over the first quarter, up from $54.9 million last year. But sales of mountain bike products decreased 4.4 percent , offset by a 14.1 percent increase in sales of powered vehicle products.

Posted in North America Tagged Earnings/Financial Reports
Posted May 7, 2014

CARLSBAD, Calif. (BRAIN) — Optical brand Spy Inc. on Tuesday reported its 12th consecutive quarter of revenue growth as sales ticked up 2 percent in the first quarter of 2014.

Posted in North America Tagged Earnings/Financial Reports
Posted May 6, 2014

SALT LAKE CITY (BRAIN) — Outdoor supplier Black Diamond Inc., which owns the protective brand POC, is reporting that its first-quarter 2014 sales were up 7 percent, to $54.5 million, while gross margins were up 70 basis points to 38.4 percent.

Posted in North America Tagged Earnings/Financial Reports
Posted April 30, 2014
But company acknowledges slower-than-expected start in action-camera market.

OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported double-digit growth in first-quarter revenue for all business segments except automotive/mobile, where declining demand for personal navigation devices dragged sales down 4 percent compared with a year earlier. 

Posted in North America Tagged Earnings/Financial Reports
Posted April 24, 2014

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. is reporting a positive start to the year.

Posted in International Tagged Earnings/Financial Reports
Posted April 24, 2014

KETCHUM, Idaho (BRAIN) — Club Ride Apparel sale were up 47 percent in the first quarter, to $856,000, compared with sales of $583,000 in the same quarter last year, the company stated.  

Posted in North America Tagged Earnings/Financial Reports
Posted April 24, 2014

HELSINKI (BRAIN) — Mavic sales grew 8 percent in the first quarter of 2014, to 39 million euros ($54 million) worldwide, according to an interim report released Thursday by Mavic parent Amer Sports.  

Posted in International Tagged Earnings/Financial Reports
Posted April 23, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Say goodbye to those public quarterly earnings reports and investor conference calls from Easton-Bell Sports. The termination of those reports is just one of the several changes resulting from the company's sell-off of its Easton-branded businesses.

Posted in North America Tagged Mergers/Acquisitions / Earnings/Financial Reports
Posted April 1, 2014

VAN NUYS, Calif. (BRAIN) — Easton-Bell Sports sales were down nearly 6 percent last year, as the dynamic company wrestled with market changes across its categories.

Posted in North America Tagged Earnings/Financial Reports
Posted March 21, 2014

CARLSBAD, Calif. (BRAIN) — Optical supplier Spy Inc. reported its 11th consecutive quarter of sales growth for Spy brand products and posted an improved net loss for 2013 in year-end results.

Posted in Industry News Tagged Earnings/Financial Reports
Posted March 18, 2014

SEATTLE (BRAIN) — Specialty outdoor retailer and member co-op REI has reported record annual sales of $2 billion for 2013. According to its year-end earnings statement, the company's sales were up 5.9 percent from $1.9 billion in 2012.

Posted in Retail News Tagged Earnings/Financial Reports
Posted March 12, 2014

PETALUMA, Calif. (BRAIN) — CamelBak's sales for 2013 were $139.9 million, a decrease of $17.7 million compared to its sales of $157.6 million in 2012. Sales of hydration systems fell $17.2 million, and sales of gloves fell $5.5 million, while the company's bottle and accessories sales increased $4.8 million.

Posted in North America Tagged Earnings/Financial Reports
Posted March 4, 2014
Discounting, restructuring costs cut into bike profits

MONTREAL (BRAIN) — Dorel reported an increase of 8.3 percent, or 18.8 million, in fourth-quarter revenue across its recreational and leisure division.

Posted in North America Tagged Earnings/Financial Reports
Posted February 27, 2014

FORT COLLINS, Colo. (BRAIN) — TJX Companies Inc., which bought outdoor discounter Sierra Trading Post in 2012, is planning to expand STP’s brick and mortar business. 

Posted in Retail News Tagged Earnings/Financial Reports
Posted February 19, 2014
CFO to step down within next year.

OLATHE, Kan. (BRAIN) — Shares of Garmin Ltd. soared to a five-year high Wednesday after the company reported that fourth-quarter earnings rose 27 percent on record sales in its outdoor, fitness, aviation and marine segments.

Posted in North America Tagged Earnings/Financial Reports
Posted February 18, 2014

PITTSBURGH, Pa. (BRAIN) — Dick's Sporting Goods has reported that fourth quarter 2013 consolidated same-store sales exceeded the company's predictions. As a result, Dick's has increased its fourth quarter and full year 2013 expectations.

Posted in Retail News Tagged Earnings/Financial Reports
Posted February 11, 2014

KETCHUM, Idaho (BRAIN) — Clothing brand Club Ride is reporting sales of $1.7 million last year, a 119 percent increase over 2012, when the company's net sales were $779,000.

The privately held company voluntarily publishes its sales figures.

Posted in North America Tagged Earnings/Financial Reports
Posted February 7, 2014
However, company forecasts 20 to 25 percent increase for first quarter of 2014.

MONTREAL, Quebec (BRAIN) — Dorel Industries’ earnings for the fourth quarter and all of 2013 in its recreational and leisure segment — which includes Cannondale, GT, Mongoose, Schwinn and Dorel’s mass-market bike brands — will come in lower than a year earlier due to “a poorer product mix” and late order delivery at Cycling Sports Group, the company announced.

Posted in North America Tagged Earnings/Financial Reports
Posted February 5, 2014

OSAKA, Japan (BRAIN) — Unfavorable weather in Europe and North America was countered by strong sales in China and a growing service parts business in all markets to drive Shimano’s sales 10 percent higher in 2013 to $2.68 billion (271.037 billion yen).

Posted in International Tagged Earnings/Financial Reports
Posted February 4, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp.’s sales for the year increased 15 percent, or $36.1 million, to $272 million, and its fourth-quarter sales were also up 15 percent to $65 million, the company said in a preliminary earnings statement.

Posted in Industry News Tagged Earnings/Financial Reports

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