Earnings/Financial Reports
MONTREAL (BRAIN) — Dorel Sports reported third-quarter revenue increased 14.2% from the same time last year, while Dorel Industries Inc. earnings as a whole jumped 2.3% during the same period.
NEW YORK (BRAIN) — Sales by Vista Outoor's action sports brands, which include Bell and Giro, were flat in the company's second quarter, ending Sept. 29.
Quarterly revenue in the category totaled $83.9 million, down less than 1% from the period last year, when the category registered $84.7 million.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. third-quarter revenues dropped 54.1% compared to the same time last year, a development the company expected because of a production delay.
NEW YORK (BRAIN) — Peloton's subscription revenue increased 103% in its first quarter as a public company, compared to the same quarter last year, the company reported Tuesday.
BRASELTON, Ga. (BRAIN) — Fox Factory's sales through its bike brands — Fox suspension, Marzocchi, RaceFace and Easton — were up 4.6% for the first three quarters this year, and up 0.5% in the third quarter, which ended Sept. 27.
OLATHE, Kan. (BRAIN) — Garmin Ltd. reported Wednesday that third-quarter revenue increased 15% over the prior year's quarter with its fitness sales — boosted by the Tacx acquisition — growing 28%.
OSAKA, Japan (BRAIN) — Shimano is reporting that sales in its bike division were up 6.3% in the first three quarters of this year, compared to the same period last year.
STOCKHOLM (BRAIN) — Thule Group is reporting healthy sales in its third quarter in all markets except the U.S., where uncertainty about tariffs has caused some retailers to reduce orders.
LONDON (BRAIN) — Science in Sport, marketer of the SiS brand of sports nutrition, reports group revenue increased 150% in the first six months of this year compared to the same period last year.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported store sales increased 3.2% in the second quarter over the same period last year and raised full-year guidance.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing Co. LTD enjoyed a 5.3% increase in first half revenue driven by growing demand for e-bikes in Europe as well as favorable exchange rates. Recovering sales in China also helped boost revenue. Giant reported its first half numbers Wednesday.
CAPE TOWN, South Africa (BRAIN) — Leatt Corp. revenues increased 10% in the second quarter over the same period last year.
NEW YORK (BRAIN) — Vista Outdoor says sales in its Action Sports division, which includes Bell, Giro, and Blackburn, were strong in the specialty channel in its Q1, but sales in the mass market channel were soft.
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