Financial insights for the sporting goods industry – Page 103
-
News briefs
Skullcandy, which is moving into lightweight wireless earbuds and headphones,...
Skullcandy, which is moving into lightweight wireless earbuds and headphones, saw its sales increase by 8 percent to $57.9 million in the second quarter. They rose by 5 percent to $41.3 million in the U.S. and by 16 percent to $16.7 million in other markets, with growth of 24 percent ...
-
News briefs
In the U.K. the number of golf rounds played during...
In the U.K. the number of golf rounds played during the second quarter increased by 3.5 percent compared with those played in the same period of 2014, and the number grew by 6.7 percent for the first half of the year, according to the figures recently released by Sports Marketing ...
-
News briefs
Dainese, the Italian specialist in protective wear for sports and...
Dainese, the Italian specialist in protective wear for sports and motorcycling bought by Investcorp last November, posted a sales increase of 9 percent last year to €127.9 million. The operating income before amortization (Ebitda) rose by 47 percent to €12.8 million. The net result moved from a loss of €1.8 ...
-
News briefs
Neil Cole resigned last Friday as chairman, chief executive and...
Neil Cole resigned last Friday as chairman, chief executive and president of Iconix Brand Group, parent company of Danskin, Umbro, Ocean Pacific, Candie's and many other brands. The news, which came ahead of today's release of the company financial results, precipitated its share price, which has been under pressure following ...
-
News briefs
In its first report since going public, Fitbit announced second-quarter...
In its first report since going public, Fitbit announced second-quarter revenues of $400.4 million, more than tripled from $113.6 million. International sales, which grew by 250 percent on an annualized basis, were driven by the Europe, Middle East and Africa region and the Asia-Pacific, up by 301 percent and 292 ...
-
News briefs
Globeride's net income rose by 8 percent to 878 million...
Globeride's net income rose by 8 percent to 878 million yen (€6.4m-$7.1m) as its sales went up by 4 percent to ¥20.19 billion (€148.2m-$162.6m). The fishing tackle specialist, previously called Daiwa Seiko, sees the Japanese economy recovering slowly.
-
News briefs
Athletic footwear sales went up by 8 percent in the...
Athletic footwear sales went up by 8 percent in the U.S. during the first half of 2015, according to NPD, with average selling prices rising by 7 percent. Sales of men's and women's shoes both increased by 8 percent, while children's shoe continued their fast pace with growth of 11 ...
-
News briefs
Another Japanese firm, Dunlop Sports, had an implied 62 percent...
Another Japanese firm, Dunlop Sports, had an implied 62 percent increase in net income to 437 million yen (€3.2m-$3.5m) for its second quarter, ended June 30, on 21 percent higher sales of ¥20.83 billion (€152.9m-$167.7m). The company benefited from better weather conditions than during the snowy spring of 2014, but ...
-
News briefs
Brunswick Corp. reported a 6 percent sales increase for the...
Brunswick Corp. reported a 6 percent sales increase for the second quarter, with revenues reaching $1,142.0 million. The sales increase was by 11 percent on a currency-neutral basis. Reported net earnings of $107.6 million compared with net earnings of $87.1 million in the second quarter of 2014. Sales in the ...
-
News briefs
Yonex has reported a 4 percent drop in net income...
Yonex has reported a 4 percent drop in net income to 246 million yen (€1.8m-$2.0m) on flat revenues of ¥11.67 billion (€85.7m-$94.0m) for the first quarter of its financial year ended on June 30. Sales were depressed by the termination of a contract with its Chinese agent and the transition ...
-
News briefs
Nautilus posted a 23 percent sales increase in the second...
Nautilus posted a 23 percent sales increase in the second quarter ended June 30. The strong growth, with sales reaching $59.7 million in the quarter, was driven by higher sales in both the direct and retail segments. The gross margins improved by 0.4 percent to 51.4 percent. Operating income from ...
-
News briefs
Sequential Brands, owner of many brands including Avia, And1, Heelys...
Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 ...
-
News briefs
Yue Yuen Industrial, the leading footwear maker, reports that its...
Yue Yuen Industrial, the leading footwear maker, reports that its consolidated operating revenue for June 2015 amounted to $752,391, which was an increase of 4.7 percent compared with the same month last year. For the first six months of the year, this revenue reached $4,248.2 million, up by 7.4 percent ...
-
News briefs
Great Britain remains easily the largest market for football replica...
Great Britain remains easily the largest market for football replica shirts in Europe with annual sales of around £250 million, according to the NPD Group's consumer data. The country retains the lead despite soaring sales in Germany, where the size of the replica market roughly doubled last year on the ...
-
News briefs
Pou Sheng International, the big Chinese sports retailer, told investors...
Pou Sheng International, the big Chinese sports retailer, told investors that it should achieve a net profit for the first half of the year, as compared with a net loss of about $2.59 million for the same six months last year. The company returned to profit in the third quarter ...
-
News briefs
The consumption of bicycles and bike-related products grew in Spain...
The consumption of bicycles and bike-related products grew in Spain by 6.6 percent in 2014 to a value of €1,354 million, according to a study commissioned to Sport Panel by Ambe, the Spanish bike industry association. Sales to all retail channels grew by 8.1 percent to €549 million, with multi-sport ...
-
News briefs
The Italian bike market recovered last year. After a drop...
The Italian bike market recovered last year. After a drop suffered in 2013, sales of bicycles to the various retail channels increased by 6.4 percent to 1,644,600 units in 2014, thanks apparently to an improving economy and greater participation in the sport. Sales of e-bikes were stagnant at 51,156, in ...
-
News briefs
GoPro has reported on another big jump of 71.7 percent...
GoPro has reported on another big jump of 71.7 percent to $414.9 million in its revenues during the second quarter ended June 30. Sales outside the U.S. represented more than 50 percent of the total turnover during the quarter, as combined sales in Europe, the Middle East and Africa (EMEA) ...
-
News briefs
361 Degrees, the Chinese sportswear brand, reports that the comparable...
361 Degrees, the Chinese sportswear brand, reports that the comparable store sales of its franchisees advanced by 7.2 percent for the second quarter of this year, with an average retail discount of 28 percent and channel inventory of four months. This is based on the performance of 3,707 stores out ...
-
News briefs
Peter Cowgill, executive chairman of the JD Sports Fashion group,...
Peter Cowgill, executive chairman of the JD Sports Fashion group, told shareholders at their annual meeting earlier this week that the company has made a strong start for the first 19 weeks of its new fiscal year, started at the beginning of February. The company said it was still pleased ...
