Easton-Bell Sports, Inc. reported a 7.0% increase in second quarter net sales to $220.8 million from $206.4 million last year. Team Sports net sales increased 5.4% to $132.3 million, while Action Sports net sales increased 9.4% to $88.5 million as compared to the prior year. Team Sports net sales increased due to increased sales of football equipment, reconditioning services and ice hockey equipment, which was partially offset by decreased sales of baseball and softball equipment and accessories, collectible football helmets and apparel. Action Sports net sales increased due to increased sales of cycling helmets, accessories and components, snowsports helmets, eyewear and fitness related products.
For the second fiscal quarter was 36.9% of net sales, down slightly from 37.0% of net sales last year.
Net income jumped 28.2% to $15.5 million from $12.1 million last year.
