Thule Improves despite Continued U.S. Headwinds
Net income was up 15% to SEK 300 million ($28.8 mm) from SEK 262 million for the third quarter on revenues that ticked 1% higher to SEK 2,344 million ($225.0 mm) from SEK 2,311 million. Americas sales declined 3% (+1% CC) to SEK 601 million as positive Canadian results were offset by U.S. weakness. Categories saw positive results in bike-related products and juvenile & pet, but packs, bags & luggage ... Log in to view full article.
