Earnings/Financial Reports

Posted March 8, 2018
Company says inventory levels are right and new sporting goods business should give it a boost.

MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.

Posted February 21, 2018
Company forecasts flat sales of fitness products for 2018.

OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that fourth-quarter revenue rose 3 percent to $888 million driven by sales of outdoor, marine and aviation products. Revenue for the full fiscal year totaled $3.09 billion, up 2 percent.

Posted February 13, 2018

OSAKA, Japan (BRAIN) — Shimano saw a 4 percent increase in net sales in its bicycle division last year, while operating income in the segment was nearly flat, down 0.8 percent, the company announced Tuesday.

Posted February 9, 2018

GRAND RAPIDS, Mich. (BRAIN) – TerraTrike says it closed its fourth quarter of 2017 with 25 percent growth over the same period last year – the best in the company's 22-year history. The privately held company did not release specific revenue figures.

Posted February 8, 2018

HELSINKI (BRAIN) — Sales in Amer Sports Corporation's cycling division — comprising sales by Mavic and Enve — were down 10 percent in local currencies in 2017, Amer reported Thursday. In the final quarter of the fiscal year, the division's sales were also down 10 percent.

Posted February 1, 2018

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a 38 percent drop in revenue to $334.8 million and a loss of $55.8 million for the fourth quarter following another weak holiday sales period for the action camera maker. Both results fell well short of Wall Street expectations.

Posted January 18, 2018

LONDON (BRAIN) — Sports nutrition brand Science in Sport plc has announced 2017 sales were 28 percent above the year prior, hitting 15.6 million pounds ($21.7 million). SiS shares are traded on the AIM market of the London Stock Exchange under the ticker symbol SIS.

Posted November 20, 2017

PITTSBURGH, Penn. (BRAIN) — Dick's Sporting Goods has posted its sales and earnings for the third quarter of 2017, which ended Oct. 28. The company's net income for the quarter was $36.9 million or 35 cents per share, exceeding expectations of 22 to 30 cents per share.

Posted November 14, 2017
The Leatt 3.5 Neck Brace was introduced at Eurobike.

CAPE TOWN, South Africa (BRAIN) — Protective brand Leatt Corporation saw a 17.8 percent sales increase in its third quarter, which ended Sept. 30, as well as an increase in revenues in the year to date.

Posted November 13, 2017

TAICHUNG, Taiwan (BRAIN)  — It's been a tough year so far for Giant Manufacturing, and its third-quarter results have shown little improvement in its global position as the world's leading bicycle maker.

Posted November 9, 2017
The owner of Bell, Giro and CamelBak sees declines in its outdoor product and shooting sports divisions.
Some of Vista Outdoor's Outdoor Sports brands.

FARMINGTON, Utah (BRAIN) — Vista Outdoors, the owner of Bell, Giro, Blackburn, Bollé, CamelBak and other brands, saw a 9.1 percent decline in sales in its most recent quarter in its Outdoor Products division, which includes those brands.

Posted November 2, 2017
But officials say sales are rebounding in the fourth quarter following extreme weather and US retail challenges that disrupted business.

MONTREAL (BRAIN) — Dorel Industries reported Thursday that third-quarter revenue in the division housing its mass-market and IBD bikes businesses plunged 18 percent due to factors including hurricanes and other extreme weather in North America, the bankruptcy filing of mass customer Toys R Us in September, and overa

Posted November 1, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory reported record sales of $127.4 million in the third quarter, up 16.9 percent from the same period last year. In its bicycle division, which includes sales through the Fox, Marzocchi, Race Face and Easton Cycling brands, sales were up 8.8 percent in the quarter.

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