The latest financial results from the key players in the outdoor industry.
Green awareness provides greater tailwind for bike stocks in 2021
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 ...
Outdoor and bike industry stocks rose by 3.0% in Q4
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 records strongest growth with e-bikes
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 raises outlook after Osprey acquisition, strong Q3 showing
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 ...
Excellent financial year enables Accell to repay government Covid credit facility
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 Q4 sales rise slightly over “unprecedented” 2020
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 ...
Calzados Bestard enjoying a record year
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 ...
Schwan-Stabilo's outdoor division grows 16% in 20/21 despite lockdowns
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 ...