Latest Financial Results

  • Bildschirmfoto 2021-10-14 um 09.43.05
    Article

    RevolutionRace publishes first sustainability report after IPO

    2021-10-14T10:57:00Z

    In its 2020/21 Annual and Sustainability Report, Swedish DTC brand RevolutionRace (RVRC) reports that it has performed strongly and profitably over the past fiscal year, with very positive growth in both new and existing markets. RVRC Holding AB, which went public on the Stockholm Nasdaq in June, posted strong results ...

  • pexels-tima-miroshnichenko-7567522
    Article

    Global bicycle stocks: Demand remains strong, but supply chain prevents further highs

    2021-10-11T10:21:00Z

    While falling infection rates and rising economic data helped our global bicycle stocks soar in the second quarter of 2021, a majority of our companies included in the Q3 overview had to adjust downwards in the third quarter. Demand remains high, yes, but the supply chain and some logistical issues ...

  • Helen of Troy_Logo
    Article

    Helen of Troy’s Hydro Flask sees Q2 sales progress, raises FY outlook

    2021-10-11T07:40:00Z

    The Houseware segment of Helen of Troy, which includes outdoor drinkware brand Hydro Flask, saw revenues in the second fiscal quarter ended Aug. 31 grow by 6.7 percent to $215.2 million. The improvement was due mainly to an increase in brick and mortar sales for both Hydro Flask and OXO ...

  • pexels-burak-kebapci-187041
    Article

    Outdoor industry stocks declined by 6% in Q3

    2021-10-08T07:26:00Z

    Public companies involved in the outdoor and bike sectors saw their average share value decline by 6.0 percent between June 30 and Sept. 30 of this year, after rising by 18.9 percent during the first quarter and by 13.8 percent during the second quarter. The sector performed a little better ...

  • kathmandu holdings logo
    Article

    Kathmandu’s sales rise 15% on surfing, hiking boom, but outlook uncertain

    2021-09-22T15:49:00Z

    Kathmandu Holdings said in a preliminary annual report that its sales increased by 15.1 percent to 922.8 million New Zealand dollars (€551.4m-$646.6m) in the full year ended July 31, 2021, as its Rip Curl and Oboz brands benefitted from a boom in surfing and higher participation in hiking, respectively. Instead, ...

  • jdsports-go outdoors-logo
    Article

    JD Sports Fashion’s outdoor segment turns around

    2021-09-15T14:43:00Z

    JD Sports Fashion reported a record profit before exceptional items and taxes of 439.5 million pounds (€515.1m-$608.8m) for the first half ended July 31, up sharply from £61.9 million in the same period a year ago, as acquisitions, the U.S. government’s stimulus package and pent-up demand allowed it to rebound ...

  • Pierer Mobility
    Article

    Pierer Mobility on track for 11th record year in a row

    2021-09-09T11:01:00Z

    The current two-wheeler boom has led to record sales of 215,646 PTWs (= “Powered Two-Wheelers” = motorcycles and pedelecs) at Austrian Pierer Mobility AG in the first half of 2021. Compared to the first six months of the previous year, this is an increase of 73 percent. The group sold ...

  • Polygiene
    Article

    Polygiene sees sales momentum continuing after strong Q2

    2021-08-27T05:29:00Z

    Polygiene reported sales of 46.9 million Swedish kronor (€4.6m-$5.4m) in the second quarter, up by 171 percent on the year earlier and accelerating from the already strong 141 percent growth rate seen in the previous quarter, as its top line continued to benefit from the addition of Addmaster Holdings, a ...

  • Anta_Logo
    Article

    Anta’s profits more than double in H1, Amer bounces back

    2021-08-25T05:58:00Z

    Anta Sports Products saw revenues jump by 55.5 percent to 22,812 million yuan renminbi (€2,999m-$3,524m) in the six months ended June 30, supported by strong growth in all brands and benefiting from the easing of Covid-19 restrictions. In addition to a surge in demand related to the Xinjiang issues, e-commerce ...

  • logo-primary-black
    Article

    RevolutionRace races ahead in first financial report post-listing

    2021-08-18T15:38:00Z

    RevolutionRace, the Swedish DTC outdoor company fresh from a June listing on Nasdaq Stockholm, saw sales in the fourth quarter of its fiscal year surge by 152 percent to 273.7 million Swedish kronor (€26.8m-$31.3m), led by 296 percent growth on the German market and with double or triple-digit growth in ...

  • New Wave Logo
    Article

    Sports and leisure segment boosts New Wave sales in Q2

    2021-08-18T05:27:00Z

    Sweden’s New Wave Group, which owns brands like Craft and Cutter & Back, saw total sales in the second quarter ended June 30 rise by 13 percent as compared to the year earlier to 1,487 million Swedish kronor (€145.7m-$171.1m), led by a 70 percent increase in its Sports & Leisure ...

  • Leatt
    Article

    Leatt continues on record track in 2021

    2021-08-16T08:15:00Z

    In the second quarter of fiscal 2021, publicly traded South African protective equipment manufacturer Leatt Corporation, which trades over-the-counter in the U.S., has set more records: Sales increased by a whopping 106 percent to $14.3 million compared to the same period of the previous year. Income from operations grew by ...

  • Bike24
    Article

    Bike24 reports 44 percent revenue growth in H1 2021

    2021-08-16T08:14:00Z

    German Bike24 Holding AG, the e-commerce retailer for cycling, running and swimming sports that has been publicly listed since June, reported sales of €127.4 million in the first half of 2021. Compared to H1 of the previous year, this is an increase of 44 percent. At the same time, the ...

  • Canada Goose
    Article

    Canada Goose sees sales double in Q1

    2021-08-12T14:42:00Z

    Canada Goose said it is on track to meet its target for 2022 revenues of over 1 billion Canadian dollars (€681.0m-$799.1m), as sales in the fiscal first quarter ended June 30 doubled to CA$56.3 million (€38.3m-$45.0m) from CA$26.1 million the year earlier amid significant growth in all geographic regions. DTC ...

  • Callaway_Logo
    Article

    Topgolf and golf boost Callaway, outdoor shows resilience

    2021-08-11T05:36:00Z

    Callaway Golf’s revenues increased 208 percent to $914 million in the second quarter ended June 30, thanks in part to the first-time inclusion of Topgolf, which is now the group’s third operating segment along with golf equipment and soft goods and whose sales nearly doubled, compared to the prior year, ...

  • johnson-outdoors-logo
    Article

    Increased demand helps Johnson Outdoors reel in higher sales, profits

    2021-08-10T07:53:00Z

    Johnson Outdoors reported a rise in third-quarter sales and profits driven by a continued recovery in fishing, camping and water recreation. At the same time, diving also showed signs of a turnaround as Covid-19 travel restrictions were further eased. Total company net sales for the three months to July 2 ...

  • GoPro.svg Kopie
    Article

    GoPro posts 86% revenue growth in Q2

    2021-08-10T06:26:00Z

    GoPro saw revenues increase by 86 percent to $250 million in the second quarter ended June 30, up from $134 million in the second quarter of 2020. The number of GoPro subscribers jumped by 211 percent to 1,160,000, and the company expects to exceed 1.7 million subscribers by the end ...

  • Weyco
    Article

    Weyco sees potential in Forsake, benefits from renewed dress shoe demand

    2021-08-10T05:48:00Z

    Glendale, Wisconsin-based Weyco Group reported net sales of $57.6 million in the group’s second quarter of 2020, which ended June 30, compared with $16.6 million a year earlier, when sales were severely impacted by the pandemic outbreak. Sales were down about 5 percent from the second quarter of 2019, with ...

  • Dorel Sports
    Article

    Dorel posts ninth consecutive quarter of sales growth despite supply chain problems

    2021-08-09T09:35:00Z

    Canadian conglomerate Dorel Industries Inc. continues to ride the wave of success, not only but mainly due to best results of its bicycle products-selling Sports Division and its Juvenile Division. In the second quarter of the current fiscal year 2021, the group increased its sales by 5.7 percent to $764.99 ...

  • Giant Group Logo
    Article

    Giant with strong H1 figures, production to be expanded with factory in Vietnam

    2021-08-09T08:00:00Z

    Despite supply bottlenecks, container shortages and unfavorable exchange rates, Taiwan’s leading bicycle manufacturer Giant Group reported total consolidated sales of 41.99 billion Taiwan dollars (€1.28bn-$1.51bn) in the first half of fiscal 2021, thanks to unabated demand. Compared to the first six months of the previous year, this is an increase ...