Latest Financial Results

  • dometic-logo
    Article

    Dometic Q4 organic sales slump 11%

    2023-01-27T17:01:00Z

    Dometic reported sales in the fourth quarter of 2022 of 6,172 million Swedish kronor (€550.1m), up by 11 percent on the year earlier, as acquisitions and currency tailwinds more than offset an 11 percent contraction in organic sales. The decline in organic sales at the Swedish specialist in products for ...

  • iStock-1033960094_Bike3
    Article

    2022 bicycle stock chart development proves you can always do worse

    2023-01-13T10:42:00Z

    Five are up, the majority are down. Compare your brand’s performance with our analysis of the 2022 bicycle stock market.

  • Helen of Troy_Logo
    Article

    Helen of Troy making three organizational changes

    2023-01-06T07:55:00Z

    Helen of Troy, the parent of Osprey and Hydro Flask, is undergoing three organizational changes and shrinking its global workforce by about 10 percent, with most staff reductions completed before March 1. Most notably, the group has decided to merge its Health & Wellness and Beauty segments, centralize its global ...

  • johnson-outdoors-logo
    Article

    Johnson Outdoors starting to see some supply chain relief

    2022-12-12T12:07:00Z

    Johnson Outdoors, which began to experience some easing of supply chain availability in its fishing business in the fourth quarter, reported a 39 percent increase in net income to $9.7 million from $6.9 million for the period ended Sept. 30. Operating profit, however, slipped 2.0 percent to $13.3 million from ...

  • Thorsten Heckrath-Rose Produktion Bocholt
    Article

    Rose Bikes continues double-digit growth in 2021/22

    2022-12-08T13:13:00Z

    DTC provider Rose Bikes GmbH achieved total sales of €174 million in its 2021/22 fiscal year ending Oct. 31. Compared to the previous year, this is an increase of 17 percent. What the Bocholt-based company is particularly proud of is that, despite bottlenecks in the supply chain, sales of complete ...

  • VF_Corp_Logo
    Article

    VF seeks new permanent CEO following Rendle’s decision to step down

    2022-12-05T15:55:00Z

    Source: VF Corp. Benno Dorer, interim president and CEO of VF, effective immediately VF Corp. announced that Benno Dorer, lead independent director of the VF board of directors, has been appointed interim president and chief executive officer, effective immediately. Richard Carucci, who has served on the board ...

  • Schwan_Stabilo_Logo
    Article

    Schwan-Stabilo’s outdoor brands grow by 16.4%

    2022-11-25T16:08:00Z

    The German Schwan-Stabilo group, the owner of Deuter, Ortovox, Maier Sports and Gonso, has published its 2021/22 business numbers, achieving growth in all of the group’s categories, which are cosmetics, writing instruments and outdoor sports. In the time span reported, the group generated sales of €745.3 million (previous year: €623.2 ...

  • Merida Logo
    Article

    Merida’s value sales continue to grow at double-digit rate in 2022

    2022-11-14T08:39:00Z

    After Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Ltd. reported double-digit sales growth of 14.4 percent (compared to the same period in 2021) in the first three sales quarters of 2022, Merida Ind. Co. Ltd., also listed on the stock exchange and the second largest bicycle manufacturer in the ...

  • YETI-USA-Logo-Social
    Article

    Yeti beats expectations in Q3 as international sales jump 60%

    2022-11-12T07:21:00Z

    Yeti beat market expectations for sales and earnings in the third quarter, as international revenues jumped by 60 percent, and the company said it was “well-positioned” for the holiday season in the fourth quarter. In the third quarter, sales for the premium drinkware and cooler brand increased by 20 percent ...

  • Bike24 Logo
    Article

    Bike24's impressive sales growth in new markets cushions rising costs

    2022-11-11T15:18:00Z

    Despite all the current macroeconomic challenges, Bike24 Holding AG, the online retailer of bicycles, running and swimming sports, achieved total sales of €72.62 million in the third quarter of fiscal year 2022. Compared to Q3 2021, this is an increase of 12.9 percent. However, both gross profit (€18m, down 8.3 ...

  • Solo
    Article

    Solo Brands lowers revenue forecasts in response to “unpredictable demand”

    2022-11-10T16:20:00Z

    Solo Brands has lowered its full-year revenue guidance in response to increasingly unpredictable consumer demand amid a tougher economic outlook going into the holiday season. The owner of four lifestyle brands has managed to narrow losses in the third quarter as it reported a 47 percent increase in sales to ...

  • WOLVERINE-WORLDWIDE-INC.1
    Article

    Wolverine lowers FY forecast again, unveils brand reorganization

    2022-11-10T08:53:00Z

    Wolverine World Wide Inc. again lowered its full-year outlook after continuing supply chain constraints, increased promotional activity and deteriorating economic conditions weighed on third-quarter results, which came in below expectations. The company also announced a long-awaited reorganization of its brands to help cut costs and expand margins. Full-year revenue is ...

  • Clarus logo
    Article

    Clarus misses sales, earnings targets on currency effects, freight costs

    2022-11-08T17:11:00Z

    Clarus Corp. reported an operating income of $6.1 million against a loss of $282,000 in the third quarter despite missing revenue and earnings per share projections. In reporting a 39 percent decline in net profit to $2.75 million from $4.53 million, the group said higher freight costs lowered its profitability ...

  • RevolutionRace_logo
    Article

    RVRC experiences improving trends in September

    2022-11-08T13:30:00Z

    RevolutionRace (RVRC), the Swedish outdoor DTC company, which installed Paul Fischbein as its permanent CEO Oct. 7 following the mid-August resignation of founder and former CEO Pernilla Nyrensten, reported a 31 percent drop in first quarter operating income to 49.8 million Swedish kronor (€4.7m) from SEK 72.7 million. Net profit ...

  • Compass-Diversified
    Article

    Compass Diversified with record quarter

    2022-11-08T07:38:00Z

    Net income from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, Marucci Sports, PrimaLoft, and Velocity Outdoor) fell 25 percent to $15.3 million from $20.3 million for the period ended Sept. 30. Total sales from the five companies rose 16 ...

  • Fenix_Logo
    Article

    Fenix sees 13% sales gain in Q3 as Hanwag capitalizes on moving production to Europe

    2022-11-07T12:17:00Z

    Fenix Outdoor International reported sales of €224.2 million in the third quarter of 2022, up by 13 percent on the year earlier, when its results were less affected by the Covid-19 pandemic than in the first two quarters of 2021. The star performer in the quarter was the footwear brand ...

  • Giant Group Anniversary Logo
    Article

    Giant Group celebrates 50th anniversary, boasts solid results

    2022-11-07T10:58:00Z

    For Taiwan’s leading bicycle manufacturing companies Giant Manufacturing Company Ltd (Giant Global Group) and Merida Industry Co Ltd, 2022 is very special: both companies are celebrating their 50th anniversaries. On Oct. 27 – one week before the announcement of financial results for the first three sales quarters of 2022 – ...

  • Canada Goose
    Article

    Canada Goose lowers outlook due to China problems

    2022-11-05T08:49:00Z

    Persistent lower traffic trends and dampened consumer sentiment in China have forced Canada Goose to lower its FY revenue and profit outlook despite strong brand sales performance in other global geographies. The group has dropped its annual revenue outlook by more than 7 percent to a range of C$1.2-1.3 billion ...

  • vista_outdoor_logo_kopie_8
    Article

    Vista Outdoor shares take hit after guidance lowered

    2022-11-04T17:06:00Z

    Jason Vanderbrink, president of Vista Outdoor’s sporting products division, told analysts, “We are bullish on the outdoor industry despite near-term macroeconomic conditions that have eroded consumer confidence and pressured performance across the (U.S.) economy. We always understood that the elevated purchase patterns of the last two-and-a-half years would normalize.” ...

  • rocky-brands
    Article

    Rocky Brands lowers FY revenue outlook

    2022-11-03T08:27:00Z

    Despite reporting steady or strong sales from its portfolio of footwear brands during the third quarter, Rocky Brands has lowered its FY revenue outlook due to a difficult, year-over-year sales comparison in the fourth quarter. Through nine months, the parent of the Durango and Georgia brands, among others, had a ...