SGB Outdoor

Amer Sports Q1 Earnings Pick Up

Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.

Unifi’s Q3 Earnings Tumble

Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.

Shimano’s Q1 Earnings Climb 13 Percent

Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain.  The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.