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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
Posted February 12, 2013

SANTA CRUZ, CA (BRAIN) — Suspension brand X-Fusion's sales were up 20 percent last year, the company announced this week.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 7, 2013

LOS ANGELES, CA (BRAIN) — Sport Chalet on Wednesday reported disappointing earnings for its fiscal third quarter, as the company’s net loss widened to $1.9 million from $1 million a year earlier.

Posted in Retail News Tagged Earnings/Financial Reports
Posted February 4, 2013

HELSINKI, Finland (BRAIN) — Mavic’s sales rose 7 percent to $174 million (129 million euros) last year, and jumped 5 percent during the final quarter, according to Amer Sports. Amer Sports is the parent company of Mavic as well as Salomon, Atomic, Arc’teryx and other brands.

Posted in International Tagged Earnings/Financial Reports
Posted December 12, 2012

NEW YORK, NY (BRAIN) — GPS giant Garmin Ltd. will be included in the Standard & Poor's 500 index starting Thursday, the company announced.

Garmin is traded on the Nasdaq exchange under the ticker symbol GRMN. The company will replace Chicago printer RR Donnelley & Sons (Nasdaq: RRD) on the index. 

Posted in North America Tagged Earnings/Financial Reports
Posted November 19, 2012

PITTSBURGH, PA (BRAIN) — Fueled by strong online sales, third-quarter net income at Dick’s Sporting Goods Inc. rose 21 percent, to $50.1 million from $41.5 million a year earlier.

Posted in North America Tagged Earnings/Financial Reports
Posted November 13, 2012

VAN NUYS, CA (BRAIN) — Continuing economic concerns, particularly in Europe, coupled with back-to-back tough snow seasons led to inflated retail inventories and flat sales during the third quarter for Easton-Bell Sports.

Posted in Industry News Tagged Earnings/Financial Reports

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