Cybex International's sales rose by 20.2 percent to $37.3 million in the first quarter, driven by a 60 percent jump in sales of treadmills following the launch of new models. Sales grew by 14 percent to $25.1 million in North America and by 34 percent to $12.1 million in the rest of the world, led by the U.K. The company's net profit grew only slightly to $0.5 million from $0.4 million in the year-ago because of higher charges of $356,000 related to the settlement of a consumer's lawsuit.

Topics