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