Earnings/Financial Reports
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.
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.
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.
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.
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.
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.
MONTREAL (BRAIN) — Dorel reported an increase of 8.3 percent, or 18.8 million, in fourth-quarter revenue across its recreational and leisure division.
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.
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.
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.
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.
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.
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).