Revenue jumped 19% in the second quarter to $285,636,000 from $241,029,000 with strong performances from the Cycling Sports Group and Pacific Cycle divisions, but Caloi declined due to longer store closures in Brazil caused by the pandemic. Gross margin was up 300 basis points to 23.6%, and segment operating profit jumped 166% to $26,841,000 from $10,095,000. Demand for bicycles boomed in North America as gyms were closed, and consumers sought an escape from stay-at-home orders. Online sales were very strong through ... Log in to view full article.