Earnings/Financial Reports
HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season.
TORONTO, Ontario (BRAIN) — Onex Corp., which owns Interbike, Outdoor Retailer and Bicycle Retailer, is reporting a sales increase of 16 percent to $7.1 billion in its third quarter compared with the same period of the prior year.
LOS ANGELES, CA (BRAIN) — Southwest retailer Sport Chalet saw sales fall 5.2 percent in its more recent quarter, although the chain’s online retailing was up 32 percent. The company showed a net loss of $3 million in its second quarter.
WESTPORT, CT (BRAIN) — CamelBak revenue was down 5 percent in the third quarter, a decline being blamed on cold, wet weather and the U.S. military's drawdown.
MONTREAL, Quebec (BRAIN) — Dorel’s recreational and leisure business rebounded from a disappointing second quarter, officials told investors Thursday morning during a third-quarter earnings call.
SCOTTS VALLEY, CA (BRAIN) — Fox Factory Holding Corp. reported that sales for the third quarter increased by $9.4 million, or 12.9 percent, to $82.3 million, compared with the same period last year. The growth was largely driven by mountain bike and powered-vehicle suspension products.
SCOTTS VALLEY, CA (BRAIN) — Easton-Bell Sports' cycling product sales declined $4.5 million in the quarter that ended Sept. 28, and CEO Terry Lee indicated much of the loss came from the Easton cycling division, which he called "troubled."
CARLSBAD, CA (BRAIN) — Spy Inc. on Tuesday reported its 10th consecutive quarter of year-over-year sales growth, with third-quarter sales ticking up 3 percent to $10.2 million from $9.9 million a year earlier.
OLATHE, KS (BRAIN) — Garmin Ltd.’s fitness division, which includes the company’s cycling products, saw strong sales growth in the third quarter, a period that included the introduction of the new Edge Touring cycle computer and Vector power meter.
OSAKA, Japan (BRAIN) — Shimano’s sales climbed to $2.03 billion (199.501 billion yen) over the first nine months of the year, up from $1.86 billon (182.739 billion yen) over the same period last year.
LOS ANGELES, CA (BRAIN) — Sport Chalet, Inc. is reporting a 2.8 percent sales decrease in its first quarter, which ended June 30, compared to the same period last year. Sales came in at $81.5 million, down from $83.8 million last year.
VAN NUYS, CA (BRAIN) — Easton-Bell Sports sales fell 5 percent in the first half of this year, a decline the company attributed to its team sports sales.
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