Financial Results – Page 130
-
News briefs
Derby Cycle, which trades under the Kalkhoff, Raleigh, Rixe, Focus...
Derby Cycle, which trades under the Kalkhoff, Raleigh, Rixe, Focus and Univega brand names, has reported a 31.5 percent increase in net income to €7.9 million for the first half of its financial year, ended on March 31. Operating profit rose by 25.1 percent to €13.1 million on a 17.3 ...
-
News briefs
Fila Korea had essentially flat sales of 96.23 billion won...
Fila Korea had essentially flat sales of 96.23 billion won (€65.3m-$81.6m) in the first quarter ended March 31, but its net profit jumped by 113 percent as compared to the same period a year ago, reaching KRW11.57 billion (€7.9m-$9.8m). The gross margin slipped by 2.6 percentage points to 58.4 percent, ...
-
News briefs
During the first quarter of this year, the consumption of...
During the first quarter of this year, the consumption of sporting goods in Norway increased by 5.4 percent when compared to the same period in 2011. The positive result, which parallels a similar pattern observed in Sweden, indicates that the industry is on the path to recovery after a slight ...
-
News briefs
Three months of excellent growth in the Swedish sporting goods...
Three months of excellent growth in the Swedish sporting goods industry came to an end in April as sales took a negative turn. According to HUI Research, April sales decreased by 5.5 percent when compared to the same month last year. At constant prices, sales were down by 4.7 ...
-
News briefs
After an outstanding performance last year, Helly Hansen enjoyed another...
After an outstanding performance last year, Helly Hansen enjoyed another growth spurt in the first quarter of 2012. The Norwegian outdoor and sailing brand's turnover increased by nearly 15 percent for the quarter, while its operating earnings before amortization (Ebitda) more than tripled. The soaring profitability is not due to ...
-
News briefs
Peak Performance generated some growth in the three months ended...
Peak Performance generated some growth in the three months ended March 31, which corresponded to the third quarter in IC Companys' financial year, but without matching the double-digit increases recorded by Tiger of Sweden, Soaked in Luxury and Marlen Birger. Jackpot and Cottonfield suffered setbacks. Across the group's 11 ...
-
News briefs
Gross margins increased by 2.3 percentage points to 33.8 percent...
Gross margins increased by 2.3 percentage points to 33.8 percent at Easton-Bell in the first quarter of 2012, thanks to lower closeout sales and higher average selling prices associated with product innovation and productivity gains. With total sales rising by 6.3 percent to $203.4 million for the period, adjusted operating ...
-
News briefs
Heelys got a big $1.2 million boost in its first-quarter...
Heelys got a big $1.2 million boost in its first-quarter sales compared with one year ago, reaching a level of $6.1 million for the period. They grew by $482,000 to $1.7 million in the U.S. They were up by $686,000 to $5.1 million elsewhere, mainly because of higher sales in ...
-
News briefs
Nautilus saw its net income soar by 57 percent to...
Nautilus saw its net income soar by 57 percent to $2.5 million for the first quarter ended March 31, as revenues rose by 6 percent to $51.3 million and the gross margin improved by 0.9 percentage points to 46.6 percent. The direct distribution segment delivered 11.5 percent higher revenues of ...
-
News briefs
Cybex International's sales rose by 20.2 percent to $37.3 million...
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 ...
-
News briefs
Adams Golf, the U.S. golf company being acquired by Adidas...
Adams Golf, the U.S. golf company being acquired by Adidas Group, posted a 33 percent increase in net income to $4.0 million in the first quarter. Operating earnings jumped by 90 percent to $7.8 million despite a slight dip in its gross margin to 46.7 percent. Sales increased by 25 ...
-
News briefs
A total of 7.6 million people were registered at 7,304...
A total of 7.6 million people were registered at 7,304 fitness clubs in Germany by the end of last year. Out of those, more than 7.22 million were members of clubs measuring more than 200 square meters, up from 7.05 million at the end of 2010 and 5.18 million at ...
-
News briefs
Sales declined by 7 percent to 140.5 million Swedish kronor...
Sales declined by 7 percent to 140.5 million Swedish kronor (€15.7m-$20.6m) at Björn Borg, due to cautious purchasing patterns by its clients last autumn. However, the Swedish brand of underwear saw growing sales for the brand including licenses, with an increase in smaller markets, and continuous progress with e-commerce. The ...
-
News briefs
Skullcandy's revenues rose by 48 percent in the first quarter...
Skullcandy's revenues rose by 48 percent in the first quarter to $53.3 million, overtaking the $44.2 million projection that had been made by financial analysts for the period. On the other hand, the net income of the American supplier of special headphones rose by only 6 percent to $1.1 million ...
-
News briefs
Swedish sporting goods retailers continue to show impressive growth. According...
Swedish sporting goods retailers continue to show impressive growth. According to HUI Research, their sales increased by 15.3 percent in March compared with the same month last year, and by 15.6 percent when calculated at fixed prices. So far this year, Swedish sporting goods sales have increased by 17 percent, ...
-
News briefs
Market, an Austrian market and opinion research firm, has examined...
Market, an Austrian market and opinion research firm, has examined customers' shopping habits through some 1,000 online interviews among consumers who buy in sports stores. Market's report says that 31 percent of the interviewees mainly seek advice and service in sporting goods stores, whereas 30 percent are looking for the ...
-
News briefs
The outdoor and action sports unit of VF Corporation, the...
The outdoor and action sports unit of VF Corporation, the owner of The North Face and Vans, among others, lifted its sales by 60 percent for the first quarter. Sales were inflated by the acquisition of Timberland, but the rise also included organic growth of 15 percent. The turnover of ...
-
News briefs
Under Armour's sales soared by 23 percent to $384 million...
Under Armour's sales soared by 23 percent to $384 million for the first quarter of this year, with similar growth rates for apparel and footwear. The company said that the rise was partly driven by new products, like Cold Black and Armour Bra. Under Armour's gross margin dipped by 0.8 ...
-
News briefs
Columbia Sportswear's European sales fell by 14 percent to $38.1...
Columbia Sportswear's European sales fell by 14 percent to $38.1 million for the first quarter of this year, but the drop was compensated by a sales rise of 14 percent in Latin America and Asia, while the company's turnover remained flat in the U.S. market. The outdoor group's turnover landed ...
-
News briefs
The warm winter shaved about $25 million off the turnover...
The warm winter shaved about $25 million off the turnover of Jarden's outdoor business unit in the first quarter. This contributed to a sales decline of 1.1 percent to $670 million for the unit, which includes the K2, Coleman, Marmot, Penn and Rawlings brands. The company expects another hit of ...
