Gaiam 1Q revenue down, loss widens

Lifestyle media firm Gaiam, which also owns Spri fitness products, reported lower revenue and a loss for the first quarter 2011 due to falling sales.

Gaiam Inc. (Nasdaq:GAIA) reported lower revenue and a loss for the first quarter 2011, as its sales declined on reduced advertising and retailer Borders’ bankruptcy reorganization.

The Boulder Colo.-based healthy lifestyle media company and owner of Spri fitness products reported first-quarter revenue of $54.8 million – down 12 percent from $62.2 million during the same quarter a year ago.

Gaiam reported a quarterly net loss of $1 million, or a loss of $0.04 per share, compared to a loss of $300,000, or a loss of $0.01 per share a year ago.

“The decrease in net revenue was primarily attributable to a $7.7 million sales decline resulting from the company's previously disclosed plans to lower direct response television advertising spend, as well as unusually low in-stock levels at the company's largest retail customer as a result of the retailer's replenishment delays and reduced sales to Borders resulting from its reorganization,” company officials said in a statement. “These were partially offset by positive comparables in the company's catalog and Internet businesses and solar segment.”

-- Compiled by David Clucas

For more information about any public company on this page or its financial reports, as well as to view stock prices updated every 15 minutes, visit the SNEWS® Stock Market Updates. Click on:



Fitness financials: Nautilus narrows 3Q loss on slightly lower revenue; plus Gaiam and Big 5

Nautilus Inc. (NYSE:NLS) reported slightly lower revenue for the third quarter 2011, but significantly narrowed its loss on better earnings from its continuing operations, despite weaker retail sales. The Vancouver-based home fitness equipment company reported third-quarter more


Head NV 1Q revenue falls on Europe’s poor snow, loss widens

Head NV (VSX:HEAD; U.S. OTC:HEDYY.PK) reported lower revenue and a steeper loss for the first quarter 2011, partly due to lower snow levels in Europe this winter denting its wintersports sales. The Nederlands-based company, best know for its snow and racket sports gear, reported more


Gaiam Q1 sales up, loss widens

Gaiam (Nasdaq:GAIA) reported a boost in revenue, but a slightly steeper loss for the first quarter 2012. Sales to businesses and direct-to-consumers were up both more than 30 percent. The Broomfield, Colo.-based lifestyle media firm, which owns Spri Fitness products and recently more


Outdoor financials: Quicksilver quarterly revenue down, loss widens

Quicksilver, Inc. (NYSE:ZQK) reported lower revenue and a bigger loss for its fiscal first quarter 2011, ended January 31. The Huntington Beach, Calif.-based outdoor lifestyle clothier and retailer, said on March 10 its latest quartetly revenue dipped to $426.5 million, down 1.4 more


Outdoor financials: Columbia 2Q revenue up, but loss widens; plus Jarden, Deckers and Puma earnings

Columbia Sportswear Co. (Nasdaq:COLM) saw its second-quarter 2011 revenue rise, but net loss widen on increased expenses and inventory levels. The Portland-based parent company of Mountain Hardwear, Montrail and its namesake brands, reported second-quarter revenue up 21 percent more


Fitness financials: Gaiam 4Q 2010 revenue down, but profit up on cost cutting

Gaiam Inc. (Nasdaq: GAIA) reported lower revenue but higher profit on cost cutting for the fourth quarter 2010. The Boulder, Colo.-based lifestyle and fitness media company said on March 9 its latest quarterly revenue fell 4.9 percent from a year ago to $83.3 million for the more

Fitness financials: Nautilus narrows Q3 loss, sales down 7.1 percent, plus Gaiam, Garmin, adidas, Hanesbrands, Costco

Nautilus narrows Q3 loss, sales down 7.1 percent Nautilus (NYSE: NLS) narrowed its net loss for the third quarter, but said it hadn’t shaken it yet as a result of lower sales and lower margins in its direct business. Net loss, including continuing and discontinued operations, in more

Fitness financials: Bally's Q3 loss widens, plus Cybex, Brunswick, Gaiam, Health Fitness, Big 5, Sport Chalet, adidas

Bally's Q3 loss widensBally Total Fitness (NYSE: BFT) said its third-quarter loss widened due to an asset impairment charge and other expenses. The company reported a loss of $5.7 million, or $0.14 per share, compared with a loss of $214,000, or a penny per share, a year ago. It more


Cybex 2Q sales slip, loss widens; Under Armour revenue up 27 percent

Cybex (Nasdaq: CYBI) reported lower sales and a wider loss for the second quarter 2012. The Medway, Mass.-based fitness equipment manufacturer saw its latest quarterly revenue dip 5.5 percent to $30.8 million. Cybex’s net loss increased to $1.2 million, versus a net loss of more