|
March 12, 2021 Dorel Sports Hurt by Supply Constraints in Q4
Revenues at the Dorel’s sports segment, which includes Cannondale, Schwinn and GT among other bike brands, grew by 14% in the final quarter to $265,338,000 from $233,179,000, but would have been up even higher if not for inventory shortages that created order backlogs stretching into 2021. Vulcabras Bounces Back in Final Quarter
Net income at the Brazilian footwear maker increased 21% in the final quarter to BRL 54,583,000 ($10.6 mm) from BRL 45,090,000, on 23% higher revenues of BRL 459,054,000 ($89.1 mm) up from BRL 373,865,000. Etcetera: Wittek Golf, Primary Arms
|
