Earnings/Financial Reports
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/bike24.jpg?itok=o582P57o)
DRESDEN, Germany (BRAIN) — Germany-based bike e-commerce retailer BIKE24 said its sales were up just 1% in the first half of its fiscal year to 128.8 million euros ($132 million) amid what the retailer called "a challenging environment." The company pointed to its expansions into the French, Spanish and Italian mark
NEW YORK (BRAIN) — Emerald Expositions, the owner of the Outdoor Retailer shows and Interbike, saw its revenues rebound 376% in the second quarter as trade shows resumed following two years of COVID cancellations.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/boa.jpg?itok=xGVq9tOB)
WESTPORT, Conn. (BRAIN) — Compass Diversified, the parent of BOA Technologies, PrimaLoft and Lizard Skins, among other brands, announced sales growth of 19% in its second quarter.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/fox-logo.jpg?itok=hMgGaa99)
DULUTH, Ga. (BRAIN) — Revenues in Fox Factory’s bicycle-related businesses were up 35% in the first half of the year compared with the same period last year. Sales in the division, which includes business under the Fox suspension, Easton, RaceFace and Marzocchi brands, totaled $348 million.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/giant_stack_screenshot.jpg?itok=MtdOaK47)
TAIPEI, Taiwan (BRAIN) — Giant Group announced its first half consolidated sales were NT$45.01 billion ($1.5 billion ), a 7.2% increase over the first half last year.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/gopro-logo_0_4.png?itok=uPabDuZk)
SAN MATEO, Calif. (BRAIN) — GoPro Inc. second-quarter revenue grew slightly year-over-year, while the sport camera brand reported a 65% jump in subscribers during the period.
ANOKA, Minn. (BRAIN) — Vista Outdoor reports that its sales grew 21% in its fiscal first quarter, mostly due to a double-digit sales increase in its Sporting Products division, which includes its ammunition brands. In its Outdoor Products division, which includes the bike-related brands Bell, Giro, Blackburn, CamelBak, and QuietKat, sales were down 2%.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/garmin-logo_0_6.png?itok=bJjbcc97)
OLATHE, Kan. (BRAIN) — Decreased demand in cycling and advanced wearable products led to a 6% year-over-year revenue decline for Garmin Ltd. in the second quarter.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/shimano.jpg?itok=t-ApkXyt)
OSAKA, Japan (BRAIN) — Shimano Inc.'s bike-related sales were up 17.2% in the first half of the year compared to the same period last year, while the company's operating income in its bike segment increased 20.2%.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/thule-sweden-vector-logo_0_0_0_5.png?itok=fFKGs2oa)
STOCKHOLM (BRAIN) — Thule Group reported a year-over-year 2.6% net sales increase, saying global supply chain challenges, the Russian invasion of Ukraine, and raw material price increases continue to affect its operations.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/mips-logo.png?itok=Yb7N63Fx)
STOCKHOLM (BRAIN) — MIPS' second-quarter net sales increased 45% year-over-year with the Sport category driven by snow helmet demand and less by bike helmets.
![](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/hot-logo_0.png?itok=IM_NcueO)
EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.