Latest Financial Results

  • 4891_istock1033960094_bike2_832590_crop
    Article

    Green awareness provides greater tailwind for bike stocks in 2021

    2022-01-13T12:05:00Z

    2021 had it all: on the one hand, more lockdowns, virus variants, inflation, zero or negative interest rates, supply bottlenecks, political crises, trade and other wars, etc. On the other hand, 2021 experienced a world stock market that trudged steadily upward. This also gave our 2021 cycling stock some major ...

  • absolutvision-uCMKx2H1Y38-unsplash
    Article

    Outdoor and bike industry stocks rose by 3.0% in Q4

    2022-01-13T11:58:00Z

    Our quarterly analysis of the outdoor stock market shows a 3.0 percent sequential increase in the average stock prices of 32 public companies primarily involved in the outdoor and bicycle sectors between Sept. 30 and Dec. 31, 2021. This came after increases for most of the same companies of 18.9 ...

  • Pierer Mobility
    Article

    Pierer Mobility records strongest growth with e-bikes

    2022-01-12T16:06:00Z

    According to Austrian two-wheeler specialist Pierer Mobility AG, the 2021 financial year shone with new records – so much that the board raised its sales forecast even before the publication of the preliminary key data for 2021 on Feb. 1. Previously, the publicly listed company had communicated a sales forecast ...

  • Helen of Troy_Logo
    Article

    Helen of Troy raises outlook after Osprey acquisition, strong Q3 showing

    2022-01-07T13:14:00Z

    Helen of Troy, the El Paso, Texas-based consumer goods company that owns outdoor drinkware brand Hydro Flask and Oxo and recently closed a deal to acquire backpack manufacturer Osprey Packs, raised its guidance for the full fiscal year to take into account that acquisition and after posting better-than-expected results in ...

  • Accell Group logo 2021.jpg - 1
    Article

    Excellent financial year enables Accell to repay government Covid credit facility

    2021-12-13T10:45:00Z

    Based on its sales and profit growth in 2021, Netherlands-based Accell Group N.V. will fully repay its “Go-C” facility issued during the Covid-19 pandemic before the end of the year. In this context, the Dutch company has also converted its existing revolving credit facility (“RCF”) from seasonal to full-year availability. ...

  • johnson-outdoors-logo
    Article

    Johnson Outdoors Q4 sales rise slightly over “unprecedented” 2020

    2021-12-12T17:41:00Z

    Johnson Outdoors saw sales inch up slightly in the fourth quarter of its financial year, as demand for fishing, camping and water recreation products remained strong following “unprecedented” growth in the year-earlier and diving continued a recovery underway since the third quarter. Total company sales in the three months ended ...

  • Bestard Logo
    Article

    Calzados Bestard enjoying a record year

    2021-12-02T13:53:00Z

    Calzados Bestard knew in September that it would be surpassing its record for annual sales: €5.1 million, set in 2018. By late November, with a month to go before wrapping up 2021, it had generated revenues of €6.1 million for the year. The figures come from Mats Lindholm, the Spanish ...

  • Deuter_VDBS_Ausbildung_2019_Sella_Produktshoot_Julian_Bueckers_High_Res_85
    Article

    Schwan-Stabilo's outdoor division grows 16% in 20/21 despite lockdowns

    2021-11-29T14:25:00Z

    Despite Covid-19, the German Schwan-Stabilo group achieved sales growth of 2.2 percent to €623.2 million in fiscal 2020/21 (previous year: €609.8 million). The Stabilo (writing utensils) and Outdoor subgroups, which grew significantly despite the pandemic, contributed substantially to this. For the group’s Cosmetics segment, the impact of the pandemic was ...

  • on-running-logo8_800x800
    Article

    Despite supply chain challenges, On continues to grow after IPO

    2021-11-17T06:47:00Z

    In its first quarterly report since its IPO, On Holding reported a sales increase of 67.6 percent to 218.0 million Swiss francs (€206.9m-$234.5m) in the third quarter ended Sept. 30, leading to a growth of 77 percent for the first nine months of 2021. The gross margin expanded by 5.6 ...

  • Samsonite Logo
    Article

    Recovering travel market provides upswing for Samsonite

    2021-11-15T15:29:00Z

    Gregory Mountain Products saw its third-quarter sales increase 4.1% to $16.6 million, compared to $15.9 million a year earlier. The High Sierra bag brand increased 88.1% to $8.4 million from $4.5 million a year ago. Parent company Samsonite said its luggage business is rebounding as more people start traveling again ...

  • Leatt
    Article

    Leatt with the next sales and profit record

    2021-11-15T12:08:00Z

    South African two-wheeler protective equipment manufacturer Leatt Corporation, which trades over-the-counter (“OTC”) in the U.S., has set further records for sales and net profit in the third sales quarter of the current fiscal year 2021. Q3 results were not only the best in the company’s history but also marked five ...

  • Bike24engl
    Article

    Supply bottleneck slows Bike24’s third quarter

    2021-11-15T12:08:00Z

    German e-commerce cycling, running and swimming sports retailer Bike24 Holding AG, which has been listed on the stock exchange since mid-2021, reported good sales growth and continued high demand for its third quarter of the current fiscal year 2021. However, due to the “persistently tense situation on the sourcing market,” ...

  • WOLVERINE-WORLDWIDE-INC.1
    Article

    Wolverine breaks even, but Q3 sales impacted by supply chain issues

    2021-11-12T06:24:00Z

    Wolverine Worldwide saw revenues in the third quarter rise by 29.1 percent to $636.7 million compared with the prior year, boosted by incremental revenues of $39.1 million from the acquisition of Sweaty Betty in August and the strong performance of its Saucony brand. However, the management said that supply chain ...

  • USWE-Logo Kopie
    Article

    ​Good first semester for stock market newcomer USWE despite delivery problems in Q2

    2021-11-11T11:23:00Z

    For the second quarter of 2021, ended Sept. 30, Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market on June 24 this year, reported an increase in net sales to 12.8 million Swedish kronor (€1.28m-$1.46m). Operating income before depreciation ...

  • jack-wolfskin-logo-1 Kopie
    Article

    Callaway Golf raises guidance, Jack Wolfskin performs better than expected

    2021-11-11T05:47:00Z

    Callaway Golf raised its guidance for the full year once again, after revenues in the third quarter increased by 80.1 percent as compared to the year-earlier to $856.5 million, continuing to benefit from the addition in March of Topgolf and a better-than-expected contribution to its top line from golf equipment ...

  • RevolutionRace_logo
    Article

    RevolutionRace nearly doubles turnover in Q1, German sales up 156%

    2021-11-10T10:30:00Z

    RevolutionRace (RVRC) saw sales in the first quarter of its fiscal year jump by 95 percent from the year earlier to 254.2 million Swedish kronor (€25.6m-$29.7m), supported by continued demand for multi-functional garments and led by a stellar performance in Germany. On a constant currency basis, sales increased by 98 ...

  • Clarus logo
    Article

    Black Diamond’s 20% gains help Clarus post higher Q3 sales

    2021-11-09T16:45:00Z

    Clarus Corp. reported a jump in net earnings on an adjusted basis of 97 percent to $4.53 million in the third quarter ended Sept. 30, as sales grew by 69 percent to a record $109.0 million, with a 67 percent gain in constant currencies. On a pro forma basis, including ...

  • Giant Group Logo
    Article

    Less growth for Giant Group in Q3

    2021-11-07T17:23:00Z

    With strong global demand for bicycles and e-bikes, Taiwan-based bicycle manufacturer Giant Manufacturing Company Ltd reports that its global production facilities are fully loaded with orders, supporting the company’s revenue and profit growth. For the first three quarters of fiscal 2021, the company reported record sales of 61.94 billion Taiwan ...

  • Canada Goose
    Article

    Canada Goose with strong momentum, improves guidance

    2021-11-07T17:22:00Z

    Canada Goose reported an improved gross margin and a lower operating margin on a 19.6 percent increase in revenues to 232.9 million Canadian dollars (€161.9m-$187.1m) for its second quarter ended Sept. 26. Excluding the exceptional revenues from personal protective equipment recorded in the same period a year ago, comparable sales ...

  • New Wave Logo
    Article

    Sports & Leisure pull Craft's parent forward, Nordics and U.S. recover

    2021-11-07T17:21:00Z

    The Swedish-based New Wave Group, which owns brands like Craft and Cutter & Back, reported record third-quarter profits as sales closed in on pre-pandemic levels, driven by a recovery in the Nordic countries and the U.S. The group’s Sports & Leisure division, which includes Craft, saw sales rise by ...