Sports segment sales increased 7% to $219,120,000 from $205,540,000 in the third quarter and operating profit surged to $6,993,000 from $176,000 lifted by improvements at all three bike operations, despite gross margins that narrowed 120 basis points to 21.1%. Pacific Cycle had a double-digit sales gain on strong pre-Holiday sell-in, helped by improved parts and accessories sales and electric ... Log in to view full article.