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MIPS' CEO says early 'market signals' promise sales improvement this year

MIPS' CEO says early 'market signals' promise sales improvement this year
bicycleretailer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bicycleretailer.com Daily Mail and Mail on Sunday newspapers.

Max Strandwitz , Stockholm Stock Exchange ,

MIPS fourth-quarter and yearly net sales down despite bike helmet growth

STOCKHOLM (BRAIN) Despite some bike helmet sales growth in the Sport sub-category, MIPS' fourth-quarter net sales decreased 15% year-over-year while yearly net sales were down 37%.Net sales for the fourth quarter were SEK 91 million ($8.7 million), compared with SEK 107 million at the same time last year. Yearly net sales were SEK 357 million, compared with SEK 563 million ....

Max Strandwitz , Stockholm Stock Exchange ,

Continued slow bike helmet demand leads to MIPS' 32% Q3 net sales decline

STOCKHOLM (BRAIN) MIPS had a 32% net sales decline year-over-year in the third quarter that the helmet-technology company said was primarily because of continued weak demand in the bike sub-category.Net sales for the quarter were SEK 77 million ($6.9 million) compared with SEK 113 million at the same time last year. Net sales in the Sport category which includes bike ....

United States , Max Strandwitz , Stockholm Stock Exchange , Quintessential Design Inc , North America ,