All Nautilus articles

  • Large-BowFlex_TM_R_Logo_Black_RGB
    Article

    Bowflex files for bankruptcy protection, reaches stalking horse agreement

    2024-03-05T05:55:00Z

    Bowflex Inc., the publicly traded fitness company, which rebranded itself from Nautilus, announced on May 3 that it has entered into a purchase agreement with Johnson Health Tech Retail, Inc. to serve as the stalking horse bidder to acquire substantially all of the assets of the company for $37,500,000 in ...

  • Large-BowFlex_TM_R_Logo_Black_RGB
    News briefs

    Bowflex may be on the brink

    2024-02-22T07:31:00Z

    Bowflex, the publicly traded fitness company, which rebranded itself from Nautilus, is facing liquidity issues that may lead to a bankruptcy filing or an outright sale of the Seattle-based business. In a public filing yesterday, the company cited both deteriorating macroeconomic concerns and a decline in customer demand, challenging its ...

  • Large-BowFlex_TM_R_Logo_Black_RGB
    News briefs

    Bowflex reports improved results despite soft sales

    2023-11-15T08:03:00Z

    The Q2 operating loss at Bowflex, the former Nautilus, was 22 percent less than the year-ago quarter at $11.2 million versus a loss of $14.3 million for the period ended Sep. 30. The loss from continuing operations, meanwhile, shrunk by 18.0 percent to $12.5 million from $15.3 million. Gross margin ...

  • sports equipment market 2022 infographic teaser
    Infographics & Data

    Sports equipment market 2022: Global revenue and market shares

    2023-11-03T09:00:00Z

    Our infographic has the 2022 market sales and revenue numbers for 39 big names in Sporting Equipment for those who need the numbers fast.

  • Large-BowFlex_TM_R_Logo_Black_RGB
    News briefs

    Nautilus, Inc. to change corporate name to BowFlex Inc.

    2023-10-21T08:46:00Z

    Nautilus, Inc. has confirmed plans to change its corporate name to BowFlex Inc. to focus on the company’s strongest consumer brand and further execute its growth strategy called North Star. “Over the last few decades, BowFlex has become a powerful brand in our portfolio, recognized for quality and innovative strength ...

  • Nautilus
    News briefs

    Nautilus, Inc. receives stock delisting warning

    2023-09-28T09:44:00Z

    Nautilus, Inc. has revealed that it received notice from the New York Stock Exchange (NYSE) that it is not in compliance with NYSE’s listing criteria. The notice, issued on Sept. 21 was given because the average closing price of the company’s stock was less than $1.00 per share over a ...

  • SGI Quarterly Scorecard Q2 2023
    Analysis

    Analysis: The top sporting goods industry performers by sales and profits in Q2 2023

    2023-09-26T09:01:00Z

    Facing difficult year-over-year comparisons in many cases, 2/3 of entrants reported lower sales from Q2 2022. Find out more with our scorecard.

  • Nautilus
    Article

    Nautilus narrows Q1 operating loss despite lower sales

    2023-08-10T06:34:00Z

    The fitness company Nautilus, which sold off its namesake brand trademark and related assets earlier this year for about $13 million, posted numerous improved financial metrics in Q1 but still reported lower sales and a net loss for the period. In doing so, Nautilus, which retains the BowFlex brand, confirmed ...

  • Large-Day03_Basement_C6_Cienna_10227_Extended
    News briefs

    Nautilus Inc. relaunches BowFlex

    2023-08-01T07:57:00Z

    Washington-based fitness company Nautilus, Inc. has unveiled a refresh of its iconic BowFlex brand of fitness training equipment, introducing a new identity, visual design, updated logo, philosophy and messaging to revitalize the brand. The redesigned brand will appear across all BowFlex marketing channels, including BowFlex.com. New products with additional designs ...

  • Q1 Scorecard Teaser
    Infographics & Data

    SGI Sporting Goods Scorecard Q1 2023

    2023-06-12T13:10:00Z

    How did Apparel, Footwear, Equipment and Retail perform in the first quarter of 2023? Our Sporting Goods Industry Scorecard has the answer.

  • SGI Quarterly Scorecard Q1 2023
    Analysis

    The top sporting goods industry performers by sales and profit Q1 2023

    2023-06-07T22:00:00Z

     Our 2023 Q1 Scorecard includes the revenue and profit development of 48 sporting goods companies, as well as the headlines and analysis

  • SGI Annual Scorecard
    Article

    Sporting Goods 2022 – The top companies worldwide by sales and profit

    2023-05-31T07:04:00Z

    Our updated 2022 Sporting Goods Scorecard brings you the industry winners, with revenue & profit development of 47 sporting goods companies.

  • Nautilus
    Article

    Cost-cutting helps Nautilus reduce Q4 operating loss

    2023-05-24T07:46:00Z

    Aiming to strengthen its financial footing and return to profitable growth in FY24, Nautilus lowered its Q4 operating loss by 20 percent to a loss of $17.5 million versus a loss of $21.9 million through numerous cost-cutting measures in recent months. These actions included reducing its workforce by 15 percent ...

  • Nautilus
    News briefs

    Nautilus sells namesake trademark, pays down debt

    2023-05-03T11:33:00Z

    Nautilus, Inc. has completed the sale of non-core assets, including the Nautilus brand trademark assets and related licenses, for approximately $13 million. The connected home fitness solution company used the net proceeds from the divestiture to pay down part of its term loan. Additionally, the Bowflex parent has improved the ...

  • Q4 Scorecard 2022
    Infographics & Data

    SGI Sporting Goods Scorecard Q4 2022

    2023-04-03T07:06:00Z

    Find out whose sales are up and whose profits are down in Q4 2022 in our exclusive analysis of the sporting goods industry’s largest players.

  • inventory analysis Index
    Analysis

    Analysis: Taking stock of sporting goods inventory levels

    2023-03-29T05:10:00Z

    Our exclusive analysis of the inventory levels of some of the industry’s biggest brands, including how some are responding to the challenges

  • Inventory Levels Teaser 2
    Infographics & Data

    Sporting goods company inventory levels in Q4 2022

    2023-03-28T08:11:00Z

    We’ve compiled inventory levels at the top sporting goods companies in Q4 2022. Found out how they compare with 2021 and across the industry

  • Nautilus
    Article

    Nautilus sees lower retail order trend continuing

    2023-02-10T16:29:00Z

    The fitness company, which has reduced its workforce by 15 percent and is lowering its annual expenses by $30 million, expects lower levels of retail re-orders that hampered Q3 revenues to continue through the first half of 2023. 

  • Nautilus
    Article

    Nautilus drops FY outlook on challenging macro, retail trends

    2022-11-10T16:18:00Z

    While still expecting to achieve sales and profit improvement in its second half due to seasonality and higher advertising to drive demand, Nautilus lowered its second-half and FY outlook yesterday on current macroeconomic and retail concerns. The fitness equipment and technology company cut its annual revenue range forecast by 17-20 ...

  • pexels-alphatradezone-5831252
    Article

    Sporting goods industry stocks down in Q3

    2022-10-04T05:05:00Z

    According to SGI Europe’s quarterly study of 40 select sporting goods industry stocks, the drop was less than in Q1 (-16.25%) and Q2 (-14.79%) but marked the third consecutive quarterly decline for the segment. But the results were mixed, as the stock prices of 19 companies – led by Xtep ...