Financial

Nautilus reports Q4 loss as retail re-orders drop

By Bob McGee 2022-05-24T07:44:00

Nautilus

Nautilus recorded an operating loss of $21.9 million against an operating profit of $39.7 million in the fourth quarter as retail re-orders were depressed. Gross margin slid to 17.5 percent from 38.3 percent, a factor that the company blamed on higher product costs, logistics, increased discounting, and additional investments in ...

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