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Earnings/Financial Reports

Posted July 26, 2013

HEERENVEEN, Netherlands (BRAIN) Accell Group NV posted a 19 percent increase in profit in the first half of 2013 compared to last year despite challenging weather conditions in Europe and the United States.

Posted in International Tagged Earnings/Financial Reports
Posted July 25, 2013

HELSINKI, Finland (BRAIN) — Mavic sales slumped 5 percent in the second quarter, a decline parent company Amer Sports attributed to a late start to the cycling season in the U.S. and Central Europe.

Posted in International Tagged Earnings/Financial Reports
Posted July 18, 2013

LONDON, United Kingdom (BRAIN) — Future plc, the publisher of Cycling Plus, Cyclingnews.com and BikeRadar.com, saw normalized revenues increase 1 percent to £76.2 million ($116 million) in its third quarter.

Posted in International Tagged Web/Internet / Media/Publishing / Earnings/Financial Reports
Posted June 13, 2013
Company to lay off 50 to reduce costs.

MONTREAL, Quebec (BRAIN) Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday.

Posted in North America Tagged Earnings/Financial Reports
Posted May 23, 2013
First annual sales growth since 2007 for the retailer

LOS ANGELES, CA (BRAIN) — Sport Chalet Inc. posted fourth-quarter earnings Thursday, reporting a 6.8 percent increase in comparable store sales for the quarter ended March 31 compared with the same period in 2012.

Posted in Retail News Tagged Earnings/Financial Reports
Posted May 23, 2013

MONTREAL, Quebec (BRAIN) — Dorel CEO and president Martin Schwartz told shareholders at the company's annual meeting Thursday morning that despite the slow start to the year—which he attributed to bad weather that persisted through April—he remains confident that the recreational and leisure segment will

Posted in North America Tagged Earnings/Financial Reports
Posted May 23, 2013

MILAN, Italy (BRAIN) — Italian eyewear company Luxottica Group reported this month that first-quarter sales for its wholesale division — in which Southern California-based Oakley is a key brand — jumped 7.5 percent compared with a year earlier to 781 million euros ($1 billion), helping propel overall comp

Posted in North America Tagged Earnings/Financial Reports
Posted May 22, 2013

CARLSBAD, CA (BRAIN) — Spy Inc. reported overall first-quarter sales of $9 million, up 11 percent from $8.1 million a year earlier, and narrowed its net loss as the eyewear supplier’s Happy Lens Collection got off to strong launch.

Posted in North America Tagged Earnings/Financial Reports
Posted May 22, 2013

LONDON, England (BRAIN) — Future plc, publisher of Cyclingnews.com, BikeRadar.com and a handful of cycling print publications including Cycling Plus, saw a decline in group revenue of 1 percent in its first financial half, even as digital revenue was up 33 percent year-on-year and now represents 25 percent

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

PITTSBURGH, PA (BRAIN) — Dick’s Sporting Goods reported net income of $60.5 million for its fiscal first quarter ended May 4, up 5.8 percent from the comparable period in 2012.

Posted in Retail News Tagged Earnings/Financial Reports
Posted May 14, 2013

HARTFORD, CT (BRAIN) — The state of Connecticut is considering a $3 million loan to help relocate Cannondale Sports Unlimited — the new name for what was formerly known as Dorel's Recreation/Leisure division.

Posted in International Tagged Earnings/Financial Reports
Posted May 9, 2013

MONTREAL, Quebec (BRAIN) — Reporting its first-quarter earnings Thursday, Dorel Industries singled out the delayed arrival of spring and its effect on bicycle sales as a key factor holding down sales and profit for the start of 2013.

Posted in North America Tagged Earnings/Financial Reports
Posted May 8, 2013

WESTPORT, CT (BRAIN) — Strong sales at Fox and CamelBak contributed to a healthy first quarter for parent Compass Diversified Holdings, the company reported Wednesday.

Posted in Industry News Tagged Earnings/Financial Reports
Posted May 1, 2013

OLATHE, KS (BRAIN) — Revenue for Garmin Ltd.'s fitness division increased 2 percent in the company's first quarter, which ended March 30, to $72 million. The company said sales of its new cycling models contributed to the segment's growth.

Posted in North America Tagged Earnings/Financial Reports
Posted April 12, 2013

BOULDER, CO (BRAIN) — Retail sales are trending down through the first quarter this year compared to last year but that’s no reason for suppliers to panic, JJ Rudman, retail analyst for Leisure Trends Group, told attendees on a webinar yesterday.

Posted in Industry News Tagged Earnings/Financial Reports
Posted March 26, 2013
Litigation and severance expenses inflate operating costs.

VAN NUYS, CA (BRAIN) — Easton-Bell Sports sales were $183.5 million for the fourth quarter of 2012, compared with $207.1 million a year earlier.  

Posted in North America Tagged Earnings/Financial Reports
Posted March 25, 2013

KENT, WA (BRAIN) — REI increased sales by 7.4 percent to $1.93 billion in 2012 but saw net income drop 3.9 percent to $29 million due to tighter margins, according to the company’s year-end earnings statement.

Posted in Retail News Tagged Earnings/Financial Reports
Posted March 7, 2013

WESTPORT, CT (BRAIN) — Compass Diversified Holdings, parent of Camelbak and Fox, reported strong growth in sales of both brands during 2012. 

Posted in North America Tagged Earnings/Financial Reports
Posted March 7, 2013

MONTREAL, Quebec (BRAIN) — Dorel Industries’ bike division saw a 7 percent gain in revenue in 2012. Total revenue across the recreational and leisure segment was $928 million, up from $861 million the previous year. The segment includes all of its bicycle brands. 

Posted in North America Tagged Earnings/Financial Reports
Posted February 18, 2013

OSAKA, Japan (BRAIN) — Shimano sales gained 11 percent last year as bicycle product sales grew 12 percent and fishing sales grew 8 percent.

Posted in International Tagged Earnings/Financial Reports

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