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Article Date: August 2023
Word Count: 143

Leatt Earnings Drop Against Tough Comparisons


The South African protective equipment maker’s bottom line fell 72% to $776,139 from $2,726,920 million on 31% lower revenues of $12,350,224 million down from $17,938,310 million in the second quarter. Facing tough comparisons, the lower sales were primarily impacted by post-Covid restocking and sell-through challenges. Helmet sales were a bright spot, increasing 48% to $3.52 million, however, declines in body armor and ... Log in to view full article.

 


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