The smart ring maker’s long-awaited S-1 was filed with the SEC this week, showing off 74% top-line growth to $1,214,506,000 from $697,569,000 in the nine months ended June 30, and net income of $60,768,000 against $1,573,000.

The ratings agency changed DKS’ outlook to stable from positive, citing inventory build-ups across key brands, fewer footwear launches affecting its Foot Locker business, and pro forma leverage rising to the mid-2x area.

The bike maker will see founder Mike Sinyard return Nov. 1 to lead the company after stepping down from day-to-day operations four years ago, succeeding Armin Landgraf.

The Causeway Capital-backed British bike brand is returning to the U.S. with a dealer-first philosophy, built on direct U.S. operations and commitment to independent bike dealers with a phased regional rollout.