Thule Q2 Results Buoyed by Dollar Strength
Net income slipped 7% in the second quarter to SEK626 million ($63.7 mm) from SEK672 million on net sales that were up 3% to SEK3,314 million ($337.4 mm) from SEK3,229 million, but would have been down 3% constant currency. Canada led gains in the Americas region where sales increased 15% (flat CC) to SEK902 million ($91.8 mm), helped by the strong dollar. Packs, bags & luggage posted a strong quarter on in-person returns to work and school and the travel rebound. Roof boxes led the sport & cargo segment as bike ... Log in to view full article.