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Recreational Products

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Nautilus Explores Options To Sell Octane Fitness

Friday, 3 Jul 2020

July 2 (Reuters) - Nautilus Inc ::PRESS RELEASE - NAUTILUS, INC. EXPLORES OPTIONS TO SELL OCTANE FITNESS.NAUTILUS INC - COMPANY HAS RETAINED INVESTMENT BANKER, WILLIAM BLAIR, TO FACILITATE A POTENTIAL SALE OF OCTANE FITNESS.

Alpha Era International Sees Significant Increase Of More Than 150% In Its Net Profit For 6 Months

Monday, 29 Jun 2020

June 29 (Reuters) - Alpha Era International Holdings Ltd <8406.HK>::SEES SIGNIFICANT INCREASE OF MORE THAN 150% IN ITS NET PROFIT FOR 6 MONTHS.EXPECTED RESULT DUE TO SUBSTANTIAL INCREASE IN SALES OF INFLATABLE PRODUCTS IN NORTH AMERICA.

Sanlorenzo And Intesa Sanpaolo Sign Supply Chain Finance For EUR 50 Mln

Wednesday, 3 Jun 2020

June 3 (Reuters) - Sanlorenzo Spa , Intesa Sanpaolo ::INTESA SANPAOLO AND SANLORENZO SIGN A NEW SUPPLY CHAIN FINANCE.DEAL PROVIDES € 50 MILLION TO FINANCE WORKING CAPITAL OF SUPPLIERS, BY MEANS OF ADVANCES ON TRADE RECEIVABLES.INITIATIVE IS PART OF SUPPLY CHAIN PROGRAM DEVELOPED BY INTESA SANPAOLO TO HELP EXCELLENT PRODUCTION CHAINS OF ITALIAN BUSINESS SYSTEM FLOURISH.

Peloton Interactive Says Q3 Total Revenue Grew 66% To $524.6 Million

Thursday, 7 May 2020

May 6 (Reuters) - Peloton Interactive Inc ::QTRLY TOTAL REVENUE GREW 66% TO $524.6 MILLION.RAISING FY2020 GUIDANCE.QTRLY LOSS PER SHARE $0.20.Q3 EARNINGS PER SHARE VIEW $-0.17, REVENUE VIEW $487.7 MILLION -- REFINITIV IBES DATA.SEES 1.04 MILLION TO 1.05 MILLION ENDING CONNECTED FITNESS SUBSCRIBERS IN 2020.SEES $1.72 BILLION TO $1.74 BILLION TOTAL REVENUE IN 2020.FY2020 REVENUE VIEW $1.56 BILLION -- REFINITIV IBES DATA.SEES $30 MILLION TO $40 MILLION ADJUSTED EBITDA IN 2020.QTRLY ENDING CONNECTED FITNESS SUBSCRIBERS GREW 94% TO OVER 886,100.QTRLY PAID DIGITAL SUBSCRIBERS GREW 64% TO OVER 176,600.QTRLY TOTAL MEMBERS GREW TO OVER 2.6 MILLION.44.2 MILLION TOTAL WORKOUTS BY CONNECTED FITNESS SUBSCRIBERS IN QUARTER.AVERAGE NET MONTHLY CONNECTED FITNESS CHURN WAS 0.46% IN QUARTER.FROM MARCH 16 THROUGH APRIL 30, EXTENDED DIGITAL SUBSCRIPTION FREE TRIAL PERIOD FROM 30 TO 90 DAYS.SINCE EXTENSION WAS ANNOUNCED, OVER 1.1 MILLION PEOPLE HAVE SIGNED UP FOR FREE TRIAL.CLOSED 97 GLOBAL SHOWROOMS ON MARCH 16.MAJORITY OF SHOWROOMS EXPECTED TO REMAIN CLOSED FOR SEVERAL MORE WEEKS.SUBSCRIPTION REVENUE WAS $98.2 MILLION IN Q3, REPRESENTING 92% YEAR-OVER-YEAR GROWTH.QTRLY TOTAL OPERATING EXPENSE WAS $304.2 MILLION, AND GREW 88% YEAROVER-YEAR.

Beneteau H1 Consolidated Revenues Up At 519.4 Million Euros

Wednesday, 29 Apr 2020

April 29 (Reuters) - Beneteau SA ::2019-20 HALF-YEAR EARNINGS: GROUP POSITIONED TO WEATHER THE CRISIS.VERY ROBUST FINANCIAL POSITION, WITH €609 MILLION OF EQUITY AT FEBRUARY 29, 2020 AND OVER €300 MILLION OF CREDIT LINES ALREADY IN PLACE.HALF-YEAR ACCOUNTS WITH LIMITED SIGNIFICANCE AND CLOSED BEFORE THE HEALTH CRISIS.2019-20 FIRST-HALF CONSOLIDATED REVENUES CAME TO €519.4 MILLION, UP +4.7% YEAR-ON-YEAR.HAS FACED A SHUTDOWN OF ITS PRODUCTION OPERATIONS SINCE MARCH AS A RESULT OF THE MEASURES ROLLED OUT BY THE PUBLIC AUTHORITIES IN MANY COUNTRIES WORLDWIDE.FREE CASH FLOW AND NET CASH IMPROVED BY €55.7 MILLION AND €16.7 MILLION RESPECTIVELY COMPARED WITH THE FIRST HALF OF THE PREVIOUS YEAR.2019-20 FIRST-HALF FINANCIAL INCOME AND EXPENSES REPRESENT -€4.1 MILLION, WHILE NET INCOME (GROUP SHARE) CAME TO -€12.1 MILLION.

Tandem Group Proposing A Special Dividend Of 2.00 Pence Per Share

Thursday, 26 Mar 2020

March 26 (Reuters) - Tandem Group PLC ::GROUP REVENUE FOR YEAR ENDED DEC 31 2019 UP NEARLY 20% TO £38.8 MILLION.OPERATING PROFIT BEFORE EXCEPTIONALS, FINANCE COSTS AND TAXATION WAS £3 MILLION FOR YEAR ENDED DEC 31 2019 UP 35%.FY ARE PROPOSING TO PAY A FINAL DIVIDEND OF 3.04 PENCE PER SHARE.IN ADDITION, WE ARE PROPOSING A SPECIAL DIVIDEND OF 2.00 PENCE PER SHARE.AS WE REPORTED IN FEBRUARY, THIS YEAR HAS STARTED MORE SLOWLY FOR GROUP.NONE OF OUR SCHEDULED SHIPMENTS LEAVING FAR EAST IN WHOLE OF FEBRUARY AND INTO EARLY MARCH DUE TO VIRUS.THAT SOME OF OUR MAJOR CUSTOMERS HAVE CARRIED STOCK FORWARD INTO THIS YEAR WHICH WILL IMPACT ON THEIR ABILITY TO RE-BUY.REMAIN CONFIDENT THAT WE HAVE SECURED ALL OF MAJOR WHEELED TOY LICENCES FOR 2020.

Morgan Stanley Reports 5.5% Passive Stake In Peloton Interactive

Tuesday, 10 Mar 2020

March 9 (Reuters) - Morgan Stanley ::MORGAN STANLEY REPORTS 5.5% PASSIVE STAKE IN PELOTON INTERACTIVE INC AS OF FEB 28 - SEC FILING.

Peloton Interactive's Qtrly Connected Fitness Subscribers Grew 96% To 712,005

Thursday, 6 Feb 2020

Feb 5 (Reuters) - Peloton Interactive Inc ::PELOTON INTERACTIVE, INC. REPORTS SECOND QUARTER FISCAL 2020 FINANCIAL RESULTS.QTRLY TOTAL REVENUE GREW 77% TO $466.3 MILLION .CONNECTED FITNESS SUBSCRIBERS GREW 96% TO 712,005; TOTAL MEMBERS GREW TO OVER 2.0 MILLION IN QUARTER.QTRLY TOTAL REVENUE GREW 77% TO $466.3 MILLION.RAISING FULL YEAR GUIDANCE FOR FY 2020 – 920,000 TO 930,000 ENDING CONNECTED FITNESS SUBSCRIBERS, 81% GROWTH AT MIDPOINT.PELOTON INTERACTIVE - RAISING FULL YEAR GUIDANCE FOR FY 2020 OF$1.53 BILLION TO $1.55 BILLION TOTAL REVENUE, 68% GROWTH AT MIDPOINT.QTRLY CONNECTED FITNESS PRODUCT REVENUE WAS $381.1 MILLION, REPRESENTING 72% YEAR-OVER-YEAR GROWTH AND 82% OF TOTAL REVENUE.12.6 AVERAGE MONTHLY WORKOUTS PER CONNECTED FITNESS SUBSCRIBER IN Q2 VERSUS 9.7 WORKOUTS IN SAME PERIOD LAST YEAR.AVERAGE NET MONTHLY CONNECTED FITNESS CHURN IN Q2 OF 0.74%.PELOTON INTERACTIVE - AS OF DECEMBER 31, 2019, 92% OF CONNECTED FITNESS SUBSCRIBERS WERE ON MONTH-TO-MONTH PAYMENT PLANS.SEES 843,000 TO 848,000 ENDING CONNECTED FITNESS SUBSCRIBERS IN Q3, GROWTH OF 85% AT MIDPOINT.SEES $470 MILLION TO $480 MILLION TOTAL REVENUE IN Q3, 50% GROWTH AT MIDPOINT.EXPECT AVERAGE NET MONTHLY CONNECTED FITNESS CHURN TO STAY BELOW 0.95% IN Q3 AND FOR FULL FISCAL YEAR 2020.PELOTON INTERACTIVE - FOR Q3 FISCAL 2020 AND FISCAL YEAR 2020 EXPECT GROSS MARGIN OF 43% TO 44% AND 43.5% TO 44.5%, RESPECTIVELY.

Polaris Reports Q4 Adjusted Earnings Per Share Of $1.83

Tuesday, 28 Jan 2020

Jan 28 (Reuters) - Polaris Inc ::POLARIS FOURTH QUARTER & FULL YEAR 2019 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.83.Q4 EARNINGS PER SHARE ESTIMATE $1.79 -- REFINITIV IBES DATA.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $6.80 TO $7.05.Q4 REPORTED AND ADJUSTED SALES INCREASED 7% TO $1,736 MILLION.SEES FULL YEAR 2020 SALES GROWTH IN RANGE OF 2% TO 4% OVER PRIOR YEAR.NEGATIVE IMPACT OF TARIFFS REMAINS A SIGNIFICANT HEADWIND ON AN ANNUALIZED BASIS.YEAR-OVER-YEAR IMPACT OF TARIFFS IS EXPECTED TO BE MINIMAL TO CO'S 2020 FULL YEAR EARNINGS GUIDANCE.Q4 REVENUE VIEW $1.76 BILLION -- REFINITIV IBES DATA.FY2020 EARNINGS PER SHARE VIEW $6.83 -- REFINITIV IBES DATA.

KABE Group Sees Q4 Revenue Of About SEK 450 Mln

Friday, 24 Jan 2020

Jan 24 (Reuters) - KABE Group AB ::SEES Q4 REVENUE OF ABOUT SEK 450 MILLION.SEES Q4 2019 PROFIT AFTER FINANCIAL ITEMS AT AROUND SEK 11 MILLION VERSUS SEK 48 MILLION YEAR AGO.

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