Preview - Please log in to view full article.

Article Date: May 2001
Word Count: 154

ROCKSHOX sees flat to lower sales but improved earnings in FY02.


ROCKSHOX sees flatto lower sales but improved earnings in FY02. The slowing economy and a lateSpring in parts of the U.S. and Europe take the blame for the revenue forecast,but management feels better gross margins and corporate cost improvements willhelp the bottom line. In FY01, a number of cost-cutting moves were madeincluding a corporate relocation to Colorado Springs and the elimination of 30%of staff. Q4 net sales dropped 6% to $18,059,000 for the period ended Mar. 31.Including ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.