All Financial results articles

  • Calida_Logo

    Calida may be looking at strategic options for its outdoor brands


    Swiss diversified group Calida said it was looking at “strategic options” for its French Millet and Lafuma outdoor brands following the already-completed sales of the Eider and Oxbow labels. The company said Millet and Lafuma “declined perceptibly” – due to Covid-19 curfews in France – ...

  • Accell_Group_Logo

    Accell reports strong results, headed by Europe


    The post-Covid boom in the bicycle sector fuelled the revenues of Accell Group in 2020, which soared by 17.0 percent organically from the previous year to €1,296 million, thanks mainly to sustained high demand for bicycles, parts and accessories across Europe. The results do not include the group’s former operations ...

  • Fox

    Record quarter for Fox


    Fox Factory Holding Corp. , which manufactures performance-defining ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, achieved record fourth-quarter sales, rising by 41.2 percent to $262.4 million. This increase reflects a 44.6 percent rise in its specialty sports group sales and a 38.7 percent gain ...


    Wolverine sees weak results, but remains hopeful for 2021


    The year 2020 was a difficult one for Wolverine Worldwide . Looking on the bright side, the management said it delivered better-than-expected results for the fourth quarter and is poised to drive an accelerated recovery over the next 12 to 16 months. The group posted a double-digit sales decline in ...

  • Compass-Diversified

    Boa helps drive strong Q4 at CODI


    U.S. investment and holding company Compass Diversified ( CODI ) reported better-than-expected fourth-quarter net income, boosted by its acquisitions of Marucci and Boa Technology . The company said net income for the three months to Dec. 31 rose to $8.8 million from $5.4m a year earlier. Sales ...

  • News briefs

    Angling Direct posts 27% sales increase despite store closure in the U.K., boosted by e-commerce


    Angling Direct , the U.K.-based fishing tackle retailer, saw revenues jump by 27 percent to £67.6 million (€77.7m-$94.5m) in the financial year to the end of January, despite the company’s stores in the U.K. were forced to close due to pandemic-related restrictions for 82 days last year, from March 24 ...

  • Polygiene

    Polygiene records best quarterly sales ever


    Polygiene said that the fourth quarter was the best in its history, with sales rising by 40.0 percent from the year-ago quarter to a record 26.6 million Swedish kronor (€2.7m-$3.2m). Revenue growth was largely due to the success of Polygiene’s ViralOff in the context of the Covid-19 pandemic, ...

  • ©Ampler_Zuerich_7828

    Ampler Bikes continues to expand after doubling sales in 2020


    After doubling its sales last year, young B2C e-bike company Ampler Bikes is looking to simultaneously expand into other national markets this year while maintaining a high growth rate in Germany (currently the company’s most important market). For 2021, the Estonians have their sights set on Switzerland and the ...

  • 1200px-Boating_Camping_and_Fishing_logo
    News briefs

    BCF posts 50% revenue increase, with online sales more than doubling


    Boating Camping Fishing (BCF) , the Australian retail chain owned by Super Retail Group , recorded a sales increase of 50.9 percent in the first half of its financial year ended Dec. 26, 2020. The performance was largely driven by a 113.1 percent increase in digital sales as compared to ...

  • Hövding-3_before-and-after-female
    News briefs

    Cycling airbag brand Hövding records growth in 2020 despite pandemic


    Source: Lina Arvidsson Fredrik Carling, CEO Swedish company Hövding , maker of an airbag collar for cyclists, reported that the number of units sold in 2020 increased by 35 percent and sales also increased by 35 percent compared to 2019. In the company’s year-end report, ...

  • Moncler-Logo

    Moncler's annual sales down 12% despite good 4th quarter


    Moncler returned to growth in the fourth quarter, growing by 8 percent to €675.3 million, led by Asia and the Americas. On a constant-currency basis, they improved by 7 percent. The company benefited from the strong expansion of the Chinese market, growth in Korea and Japan, plus a robust ...

  • garmin

    Garmin’s outdoor and fitness sales surge


    Robust demand for advanced wearables and cycling products helped Garmin post record results for the fourth quarter of 2020. The company headquartered in Schaffhausen, Switzerland, with operational headquarters in Olathe, Kansas, which also makes equipment for the aviation and automotive industries, reported that its total sales rose by 23 ...

  • New Wave Logo

    Record result for Craft's parent company


    Efforts to prioritize costs, earnings and cash flow bore fruits in the fourth quarter of 2020, helping the New Wave Group to score record operating profits. Despite restrictions linked to the pandemic and canceled or postponed events, the Swedish company behind Craft and Cutter Buck ...

  • News briefs

    Falling sales for Goldwin


    Goldwin is projecting decreases of 10.1 percent in sales and 28.5 percent in operating profit for the financial year ending on March 31. In the nine months through Dec. 31, 2020, its net sales declined by 8.7 percent to 69.2 billion yen (€540m-$660m), leading to a 16.2 percent drop ...

  • Haglöfs_Logo.svg

    Haglöfs reports stable sales in 2020


    Despite the prevailing pandemic and turbulent market conditions, Swedish outdoor brand Haglöfs reported that it managed to deliver net sales for 2020 in line with last year’s strong performance. The company did not provide any figures. According to CEO Fredrik Ohlsson , the ability to mitigate the crisis is ...

  • YETI-USA-Logo-Social

    Yeti’s sales and profits rocket


    Yeti , the American brand of coolers and drinkware and other outdoor equipment, recorded a 26 percent gain in revenues for the three months ended Jan. 4, 2021, to $375.8 million, driven by strong growth in direct-to-consumer (DTC) sales. Products in the Coolers Equipment and Drinkware segment led ...

  • kathmandu holdings logo

    Rip Curl continues to support Kathmandu’s performance


    The acquisition of Rip Curl in October 2019 was a good one for Kathmandu Holdings . In a preliminary trading update, the Australian group said that its revenues for the six months ended on Jan. 31, 2021, progressed by 12 percent from the year-ago period, as Rip Curl’s strong ...

  • Newell_Brands_logo

    Newell’s sales up by 2.5 %


    Newell Brands ’ revenues for the fourth quarter rose by 2.5 percent to $2.7 billion, as a core sales gain of 4.9 percent was partially offset by currency headwinds and divested businesses. The management said that it ended the fourth quarter on a very strong note, with six out ...

  • Callaway_Logo

    Jack Wolfskin’s parent records higher losses on higher sales


    Callaway Golf Co . saw its net loss in the fiscal fourth quarter deepen to $40.6 million, compared with a loss of $29.2 million last year. However, sales surged by 20.2 percent to $374.6 million, led by strong demand in the golf equipment segment and a quicker-than-expected recovery in the ...

  • MIPS_logo

    Mips: Bicycle boom boosts bike helmet sales


    For Sweden’s Mips AB and its Brain Protection System helmet technology (BPS), the 2020 fiscal year ended with a historic fourth record quarter. The quarterly and annual growth was driven primarily by the sports helmet category and bicycle helmets in particular. After a challenging spring with extensive ...