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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
Posted February 3, 2014

LOS ANGELES (BRAIN) — Despite lackluster holiday sales due to unseasonably mild winter weather in the Western U.S., Sport Chalet’s fiscal third quarter was its most profitable quarter since 2007, the sporting goods chain reported Monday.

Posted in Retail News Tagged Earnings/Financial Reports
Posted November 22, 2013

LONDON, UK (BRAIN) — Future Publishing, parent of Cyclingnews.com, BikeRadar.com, CyclingPlus magazine and other cycling titles, is reporting that its normalized revenues increased 3 percent in its recently concluded fiscal year.

Posted in International Tagged Media/Publishing / Earnings/Financial Reports
Posted November 21, 2013

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing continues to rack up profits as it closed its third quarter thanks to sales in China, where revenue grew 28 percent and the average selling price per unit continued to improve.

Posted in North America Tagged Earnings/Financial Reports
Posted November 19, 2013

HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season. 

Posted in International Tagged Earnings/Financial Reports
Posted November 19, 2013

TORONTO, Ontario (BRAIN) — Onex Corp., which owns Interbike, Outdoor Retailer and Bicycle Retailer, is reporting a sales increase of 16 percent to $7.1 billion in its third quarter compared with the same period of the prior year.

Posted in North America Tagged Earnings/Financial Reports

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