Financial Results – Page 112
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Dorel Industries, the company that owns bike brands such as...
Dorel Industries, the company that owns bike brands such as Cannondale, GT, Mongoose and Schwinn, reports a 9.1 percent sales increase to $229.0 million for its recreational & leisure segment, thanks in part to the timing of shipments to the mass market. On an organic and currency-neutral basis, the segment's ...
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Nautilus reported sales of $38.1 million in the third quarter,...
Nautilus reported sales of $38.1 million in the third quarter, an increase of 1.7 percent from the same quarter in 2011. The gross margin improved by 6.5 percentage points to 48.7 percent, primarily due to higher direct sales of high-margin products. Net income improved to $1.0 million, including a loss ...
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Skullcandy has lowered its projections for the current financial year...
Skullcandy has lowered its projections for the current financial year due to uncertainty in Europe and increasing promotional activity leading into the holiday season. Nevertheless, the company's sales went up by 17.1 percent to $71.0 million in the third quarter ended Sept. 30. The gross margin improved to 48.0 percent ...
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In terms of purchasing power, China's GDP is projected to...
In terms of purchasing power, China's GDP is projected to surpass that of the Eurozone in a year or so, according to a new report by the Organisation for Economic Co-operation and Development (OECD). It should become the world's largest economic power by 2016, overtaking the U.S. Even more strikingly, ...
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Life Fitness and other elements of Brunswick Corporation's fitness unit...
Life Fitness and other elements of Brunswick Corporation's fitness unit suffered a 3 percent decline in revenues to $151.9 million for the third quarter ended Sept. 29, as increases in sales to health clubs and to consumers in North America were offset by a drop of 4 percent in the ...
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Cybex International swung to profit in the third quarter reporting...
Cybex International swung to profit in the third quarter reporting net income of $1.08 million, compared with a loss of $278,000 for the corresponding period last year. The U.S. producer of exercise equipment had sales of $34.4 million, up from $33.5 million a year ago. For the nine months ended ...
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Skechers USA has reported net sales for the third quarter...
Skechers USA has reported net sales for the third quarter of $429.4 million, up by 4.2 percent from the year-ago period, driven by strength in its domestic wholesale division, company-owned retail stores and international distributors. The international subsidiaries division was the only channel which did not increase during the quarter, ...
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For the first time in 65 years, Italians bought more...
For the first time in 65 years, Italians bought more bicycles than cars in 2011, evidently reacting to the economic problems in their country and sharply inflated gasoline prices, which have become higher than in many other parts of Europe. A total of 1,750,000 bikes were reportedly sold in Italy ...
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Bauer Performance Sports has announced a 10-year global initiative designed...
Bauer Performance Sports has announced a 10-year global initiative designed to raise hockey participation by an extra one million players, on top of current participation growth projections, by 2022. The first phase, which was announced at the annual Bauer World event early in October, will consist of a Canadian research ...
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August marked the first month of 2012 that bicycle sales...
August marked the first month of 2012 that bicycle sales in the Netherlands increased. GfK's Retail and Technology Panel found that, compared with August 2011, sales were up by 4 percent. The average price rose by 7 percent. The boost was attributed partly to August's weather, which had 25 more ...
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British high-street retailers are bouncing back, according to September figures...
British high-street retailers are bouncing back, according to September figures from a national accountancy firm, BDO. Comparable sales grew by 3.5 percent that month, in part thanks to heavy storms at the end of the month that prompted consumers to buy winter clothing. Fashion alone grew by 3 percent. Last ...
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Yue Yuen Industrial Holdings posted net consolidated operating revenues down...
Yue Yuen Industrial Holdings posted net consolidated operating revenues down by 4 percent to $572.5 million in the quarter ended Sept. 30. Cumulative net operating revenues for the nine months were $5.38 billion, flat with the first three quarters of 2011. A major producer of athletic footwear for western brands, ...
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Interbrand has released the 2012 edition of its Best Global...
Interbrand has released the 2012 edition of its Best Global Brands report, which provides a ranking of the world's 100 most valuable brands on an annual basis. This year, Nike has moved down to the 26th spot from the 25th one in 2011, with a brand value estimated at $15,126 ...
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Sportsbransjen, the organization of the Norwegian sports industry, estimates that...
Sportsbransjen, the organization of the Norwegian sports industry, estimates that the country's sporting goods sales inched up by 1.8 percent for the first half of the year, despite a drop in sales during the second quarter. Due to the early spring weather, sales of summer products already started in March, ...
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According to a report from the Asian Development Bank (ADB),...
According to a report from the Asian Development Bank (ADB), Asia will face a significant slowdown in its economic growth over the current year and the following one. Its new study suggests that the region's overall gross domestic product will go up by only 6.1 percent this year and by 6.7 percent ...
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Chinese sportswear brands are expected to be the first to...
Chinese sportswear brands are expected to be the first to recover from the current downturn in the economy. According to a recent research report by UBS, the sportswear segment could be one of the first discretionary consumption segments to emerge from the crisis, as an industry-wide restructuring would address issues ...
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Sonae Group, the Portuguese company that owns the Sport Zone...
Sonae Group, the Portuguese company that owns the Sport Zone chain and many other retail operations in other sectors, has announced a 44 percent drop in net earnings to €20 million for the first half of this year, although its operating profit declined by only 3 percent to €87 million. ...
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Manchester United's income fell by 3.3 percent to £320.3 million...
Manchester United's income fell by 3.3 percent to £320.3 million (€401.9m-$519.8m) for the year ending June 30, mainly due to the team's failure to emerge from the group stage of last season's Champions League and a disappointing FA Cup challenge, which ended in the fourth round and resulted in reduced ...
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Real Madrid has closed the 2011-12 fiscal year with income...
Real Madrid has closed the 2011-12 fiscal year with income totaling €514 million, up by 7 percent from the previous period. It is the first international sports institution ever to cross the symbolic bar of €500 million. The club has topped the list of the wealthiest clubs, established by Deloitte, ...
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An estimated 19 percent of the youngsters in the four...
An estimated 19 percent of the youngsters in the four major European countries buy clothing in sporting goods stores frequently, while 49 percent visit them from time to time, and 28 percent never do, according to a survey commissioned by the Institut Français de la Mode (French Fashion Institute or ...
