Latest Financial Results

  • Moncler-Logo
    Article

    Successful first half year for Moncler, brand accelerates in Q2

    2021-07-28T19:07:00Z

    The Moncler Group reported consolidated revenues of €621.8 million for the first half ended June 30, compared to €403.3 million in the first half of 2020. Growth was 57 percent at constant exchange rates and 54 percent at current exchange rates. From April 1, 2021, the group’s financial ...

  • Shimano Logo
    Article

    Excellent results mark the first half of Shimano’s 100th anniversary year

    2021-07-28T08:15:00Z

    Further Covid-related temporary plant and port closures on the one hand, and unabated high demand for bicycle products and fishing tackle on the other, gave Japan-based supplier Shimano Inc. a hard time in the first half of 2021. However, unlike in the first half of 2020 (when the supplier ...

  • Accell_Group_Logo
    Article

    Parts shortage slows Accell’s results

    2021-07-26T07:08:00Z

    A growing market for bike parts and accessories helped Accell Group to raise net sales for the six months to June 30 by 3.3 percent to €699.1 million, despite a drop in sales of finished bicycles due to supply and logistics problems. Order books for electric bikes remained strong, ...

  • Fenix_Logo
    Article

    Fenix’ Q2 sales up, but sluggish German performance weighs on overall result

    2021-07-25T16:30:00Z

    Fenix Outdoor International said it was still experiencing Covid pandemic-related difficulties in the second quarter with delayed re-openings of the German and Benelux markets affecting the business. The company said the impact was unexpectedly felt more in its Brands operations than the retail division as “a lot of ...

  • Mips1
    Article

    High demand for bike helmets results in tremendous sales increase for Mips in H1

    2021-07-23T08:47:00Z

    After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared ...

  • Small-Thule_Tepui_Foothill_LS_Laholm_Landscape_200922_24836
    Article

    Thule benefits from growing recreational trends despite lockdowns in Q2

    2021-07-21T14:24:00Z

    Continuing its strong growth trend for the fourth quarter in a row, the Swedish-based Thule Group reported improved results for the second quarter ended June 30. Net sales went up by 58.1 percent to 3,229 million Swedish kronor (€315.5m-$371.4m) compared to the same period a year ago, when major ...

  • dometic-logo
    Article

    Dometic Q2 sales rebound but supply-chain issues persist

    2021-07-19T14:19:00Z

    Scandinavian Outdoor Group member Dometic saw second-quarter earnings rebound from the impact of the Covid pandemic despite persistent supply-chain challenges. The Stockholm-based specialist in products for mobile living said reported a 67 percent increase in net sales to SEK 5.6bn (€546m - $642m) against the 2020 period, ...

  • 1200px-Rapala_Logo.svg
    Article

    New anglers help Rapala reel in strong H1 sales rise

    2021-07-18T18:13:00Z

    Finnish tackle company Rapala VMC reported a sharp rise in first-half net sales driven by strong demand for fishing gear from new anglers and faster-than-expected implementation of its restructuring strategy. Sales for the six months to June 30 increased 36 percent to €159.6 million as fishing’s popularity as a ...

  • Helen of Troy_Logo
    Article

    Helen of Troy’s Hydro Flask starts year strongly

    2021-07-12T08:10:00Z

    Helen of Troy’ s Houseware segment, which includes outdoor drinkware brand Hydro Flask , posted revenues of $193.6 million in the first fiscal quarter ended May 31, up by 37.7 percent compared to the year earlier. Gains in the top line were due to the positive comparative effect from ...

  • Anta_Logo
    Article

    Anta Sports Q2 sales growth continues at slightly slower pace

    2021-07-12T08:10:00Z

    Anta Sports continued to show strong sales growth in the second quarter ended June 30. However, the pace of growth slowed somewhat from the first quarter, which benefited from a strong comparison effect as strict lockdown measures were imposed in China in the first quarter of 2020. In an ...

  • absolutvision-uCMKx2H1Y38-unsplash
    Article

    Outdoor company stocks continue to gain ground in Q2

    2021-07-09T08:52:00Z

    From the first quarter to the second quarter of 2021, the 32 outdoor stocks we track were up 13.82 percent. Neither the bike nor the retail companies had a major impact here, but rather a few of the large groups such as Anta Sports , Vista Outdoor and ...

  • christian-waske-eBfRbWECyzM-unsplash
    Article

    Global bicycle stocks chart Q2 2021:
    Still riding the wave

    2021-07-02T10:47:00Z

    Due to the Covid-related closures, the focus in the first quarter of 2021 was still very much on alternative mobility products. This shifted somewhat in the second quarter. Falling infection figures and rising economic data have provided a breath of fresh air. This is leading to a renewed focus on traditional stock values. After all, in Covid times, these were properly beaten down. For example, shares in the automotive sector fell to respective lows below their actual value. The stock market is currently reacting positively to a time without lockdowns and the current efforts of the automotive industry to make its contribution to the mobility revolution with electrification. Global bicycle stocks continue to cruise at great heights but did not perform as extraordinarily in Q2 as they did in the first three months of this year.

  • ANTA-logo-and-wordmark
    Article

    Anta Sports publishes profit warning

    2021-06-18T10:52:00Z

    Amer Sports’ profitability is apparently improving faster than that of the rest of the Anta Sports Group . In a profit warning, Anta, which heads up the joint venture that took over the group two years ago, says it expects a decline in the losses of a joint venture, ...

  • 393_SMP-zumiez-logo
    Article

    Zumiez sales more than doubled

    2021-06-07T05:53:00Z

    In its Q1 ended May 1, Zumiez, the U.S. action sports retailer whose assets include Blue Tomato in Europe, beat financial analysts’ forecasts, increasing its global sales 102.6 percent to $279.1 million. This resulted in a net profit of $26.4 million for the quarter, compared to a net loss of ...

  • vista_outdoor_logo_kopie_8
    Article

    Vista unveils four-year plan with ambitious strategic goals

    2021-05-27T07:56:00Z

    With a successful fourth quarter under its belt, Vista Outdoor , headquartered in Anoka, Minnesota, has released its “ Roadmap to 2025 .” The plan calls for annual sales growth of more than 10 percent, including acquisitions, and an EBITDA margin that is expected to increase from the current ...

  • goldwin-logo
    Article

    Goldwin turns around in Q4, budgets 10% growth

    2021-05-26T05:00:00Z

    Goldwin’s sales fell by 7.6 percent to ¥90,479 million (€678.0m-$830.5m) in the financial year ended March 31, 2021, while operating profit declined by 15.1 percent to ¥14,838 million (€111.2m-$136.2m), better than a forecast made in February for declines of 10.1 percent and 28.5 percent, respectively. Attributable earnings inched down ...

  • VF_Corp_Logo
    Article

    VF’s momentum on the rise, positive outlook for 2022

    2021-05-25T05:46:00Z

    VF Corp. ended its fiscal year on a high note, prolonging a recovery that started in the second quarter. For the fourth quarter ended March 31, the company confirmed that its momentum is accelerating, delivering revenues that increased by 23 percent to $2,582 million, or 19 percent in constant ...

  • Deckers
    Article

    Deckers grows in Q4, led by further expansion of Hoka One One

    2021-05-24T16:25:00Z

    Deckers Brands ’ sales growth gained momentum in the fiscal fourth quarter, led by the continued global expansion of Hoka One One and a strong showing at its core Ugg brand. In the three months ended March 31, the group’s revenues increased by 49.7 percent to $561.2 million and ...

  • Canada Goose
    Article

    Canada Goose forecasts record revenue as Q4 profits rise

    2021-05-17T06:12:00Z

    Canada Goose forecasts 2022 revenues to exceed 1 billion Canadian dollars (€680m-$826m) for the first time after reporting a better-than-expected rise in sales for the fiscal fourth quarter driven by strong demand in China and online sales. Revenues rose to CA$208 million (€141.4m-$171.7m) for the three months to March ...

  • Leatt Logo
    Article

    Leatt’s chase for records continues

    2021-05-14T10:12:00Z

    South African head-to-toe protective equipment supplier Leatt Corporation continues to chase records. Its just-released first quarterly report of 2021 shows record sales of $12.90 million. Compared to the first three months of the previous year, this is an increase of 71 percent. Operating income was even up 459.6 percent ...