Financial Results – Page 136

  • News briefs

    Peak Performance, the Swedish ski, outdoor and golf brand, lifted...

    2011-08-24T00:00:00Z

    Peak Performance, the Swedish ski, outdoor and golf brand, lifted its sales by 7 percent to the equivalent of 977 million Danish kroner (€131.2m-$189.0m) for the year ended on June 30. This emerged in the results of IC Companys, the Danish group that owns Peak Performance along with 10 fashion ...

  • News briefs

    Mammut Sports Group, the leading outdoor brand from Switzerland, reports...

    2011-08-24T00:00:00Z

    Mammut Sports Group, the leading outdoor brand from Switzerland, reports a decrease in sales of 10.1 percent for the first six months of the current year and reached total sales of 85.4 million Swiss francs (€75.1m-$107.3m). In local currencies and disregarding the divestment of the Toko wax brand last year, ...

  • News briefs

    Nautilus reduced its losses in the second quarter thanks to...

    2011-08-24T00:00:00Z

    Nautilus reduced its losses in the second quarter thanks to a 13.3 percent increase in net sales to $34.7 million and a 14.9 percent reduction in operating expenses, partly achieved through more effective advertising. Losses from continuing operations went down by 68.6 percent to $2.2 million. The net loss fell ...

  • News briefs

    Descente reports a sales increase of 11.3 percent to ¥16.47...

    2011-08-24T00:00:00Z

    Descente reports a sales increase of 11.3 percent to ¥16.47 billion (€149.4m-$215.0m) for its first quarter, ended on June 30. The gross margin slipped to 47.6 percent from 48.0 percent, but a cut in operating expenses helped the company reduce its operating losses sharply to ¥167 million (€1.5m-$2.2m) from ¥597 ...

  • News briefs

    Anta Sports of China saw its net profit decline by...

    2011-08-24T00:00:00Z

    Anta Sports of China saw its net profit decline by 22 percent to 927.3 million renminbi (€100.6m-$144.9m) for the first half of this year as the gross margin fell by 0.9 percentage points to 42.8 percent and its operating margin slipped by 1.3 percentage points to 24.6 percent. Still, the ...

  • News briefs

    Net revenues declined by 5.7 percent to $8.99 million in...

    2011-08-24T00:00:00Z

    Net revenues declined by 5.7 percent to $8.99 million in the second quarter ended June 30 for Orange 21, the parent company of Spy Optic, but on a pro forma basis, they increased by $0.6 million or 7 percent during the period. The company booked an operating loss of $618,000 ...

  • News briefs

    After a difficult start to the year and a slow...

    2011-08-24T00:00:00Z

    After a difficult start to the year and a slow and dry Easter period, the Regatta Group is reporting a strong recovery with an 18 percent sales increase in the first half of the year and double-digit growth for each of its three brands. Regatta is up by 18 percent, ...

  • News briefs

    Mountain Force, the Swiss label for snow and outerwear, has...

    2011-08-24T00:00:00Z

    Mountain Force, the Swiss label for snow and outerwear, has increased its capital by 2.5 million Swiss francs (€2.36m-$3.36m) to ensure continued growth in its core markets, which consist of Italy, the German-speaking countries and North America. With this move, the recently appointed chief executive, Roman Stepek, has become majority ...

  • News briefs

    Garmin's outdoor segment posted a sales increase of only 1...

    2011-08-24T00:00:00Z

    Garmin's outdoor segment posted a sales increase of only 1 percent to $81.0 million in the second quarter ended June 25, generating operating income of $35.7 million. However, the management is projecting a higher growth rate for the third quarter following the launch of updated product lines and the acquisition ...

  • News briefs

    Sales of PrimaLoft products increased by 6.1 percent to $8,941,000...

    2011-08-24T00:00:00Z

    Sales of PrimaLoft products increased by 6.1 percent to $8,941,000 in the three months ended June 30, says its parent company, Albany International, whose total revenues inched up by 2.0 percent to $244.0 million. Operating income rose to $3,165,000 at PrimaLoft from $2,926,000 in the year-ago period, but it fell ...

  • News briefs

    The Lafuma group's sales expanded faster in its third quarter,...

    2011-08-07T00:00:00Z

    The Lafuma group's sales expanded faster in its third quarter, driven by a 10.6 percent rise in foreign revenues. The momentum is expected to continue in the fourth quarter and in the first quarter of the company's 2012 fiscal year, owing to a significant increase in orders. In the third ...

  • News briefs

    Europe was Crocs' fastest growth market in the second quarter...

    2011-08-07T00:00:00Z

    Europe was Crocs' fastest growth market in the second quarter ended on June 30, with sales rising by 50.4 percent to $52.2 million. For the first time ever, Asia became the company's largest market, overtaking the Americas. But the feat will be short-lived and the Americas should remain the group's ...

  • News briefs

    The Outdoor Solutions segment of Jarden Corp. improved its operating...

    2011-08-07T00:00:00Z

    The Outdoor Solutions segment of Jarden Corp. improved its operating profit by 6.0 percent to $103.6 million in the second quarter as its revenues went up by 11.1 percent to $772.8 million. Excluding the positive impact of foreign exchange rates, sales rose by 3 percent on an organic basis. The ...

  • News briefs

    LaCrosse Footwear increased revenues by 2 percent to $27.1 million...

    2011-08-07T00:00:00Z

    LaCrosse Footwear increased revenues by 2 percent to $27.1 million in the second quarter ended June 25 thanks to strong growth in outdoor sales. The American company's sales to the outdoor market rose by 18 percent to $9.4 million on strong demand for hunting and hiking products. Meanwhile, sales to ...

  • News briefs

    Comprising essentially Life Fitness, the fitness segment of Brunswick Corp....

    2011-08-07T00:00:00Z

    Comprising essentially Life Fitness, the fitness segment of Brunswick Corp. recorded a 14.9 percent sales increase to $141.6 million for the second quarter, and its operating profit jumped by 120 percent to $19.1 million for the period. Lower sales increases were recorded in the other segments of the group's business: ...

  • News briefs

    Under Armour has raised its outlook for this year's growth...

    2011-08-07T00:00:00Z

    Under Armour has raised its outlook for this year's growth in revenues to between 33 and 35 percent from a previous forecast of 29 to 31 percent, following a better than expected performance in the second quarter, which saw the company's overall sales jump by 42.2 percent to $291.3 million. ...

  • News briefs

    Reporting an 11.6 percent increase at constant currencies in its...

    2011-08-07T00:00:00Z

    Reporting an 11.6 percent increase at constant currencies in its overall sales for the second quarter, Luxottica indicated that Oakley performed very well, particularly in Europe and Australia. The management said that Oakley's sales would have risen even more if it had not been for capacity constraints, which should be ...

  • News briefs

    French sporting goods retailers booked an estimated increase of 12...

    2011-08-07T00:00:00Z

    French sporting goods retailers booked an estimated increase of 12 percent in their sales during the second quarter, according to the monthly surveys performed by their trade association, FPS, among its members. Excellent weather conditions led to year-on-year sales increases estimated at 14 percent in April and 8 percent in ...

  • News briefs

    Pakistan's Federal Bureau of Statistics has reported that the country's...

    2011-08-07T00:00:00Z

    Pakistan's Federal Bureau of Statistics has reported that the country's exports of sporting goods rose by 8.3 percent to $323 million for the 2010-11 fiscal year ended June 30. Gloves were the biggest-growing segment, up by 22.1 percent to $119.8 million. The “other sports goods” category was up by 21.4 ...

  • News briefs

    Confirming a revised forecast made last May, after the release...

    2011-07-26T00:00:00Z

    Confirming a revised forecast made last May, after the release of strong results for the first quarter, Herbert Hainer, chief executive of Adidas Group, told the Dow Jones news wire a few days ago that the group is on target to raise net earnings by between 10 and 15 percent ...