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Sporting Goods Industry News for August 15, 2025
Net income jumped 153% to BRL 353,277,000 ($62.3 mm) in the second quarter from BRL 139,713,000 on sales that improved 18% to BRL 894,811,000 ($157.8 mm) from BRL 761,003,000. Taiwan’s second-largest bicycle manufacturer, Merida Industry, saw net income attributable to shareholders plummet 40% to TWD 394.0 million ($12.9 mm) from TWD 655.5 million in the second quarter on 25% lower sales of TWD 7,004.6 million ($228.9 mm) from TWD 9,322.7 million. |
