Nautilus, Inc. Reports Results for the Third Quarter 2018
Nautilus, Inc. (NLS)
Last nautilus, inc. earnings: 2/24 04:05 pm
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Source: Business Wire
Third Quarter Total Revenues Increased 3% Fueled by 15% Growth in Retail Segment Company Set to Unveil Major Digital Platform with New Max Trainer Line in Q4 VANCOUVER, Wash.--(BUSINESS WIRE)-- Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the third quarter and nine months ended September 30, 2018. Net sales for the third quarter of 2018 totaled $91.1 million, up 3.3% compared to $88.1 million in the same quarter of 2017. The increase in net sales was driven by strong performance in the Retail segment, up 14.9% from the prior year quarter, reflecting double-digit growth in both the mass retail channel and the specialty and commercial channel due to broad-based strength across several product offerings including bikes, treadmills and Max Trainer®. Overall sales growth was partially offset by lower Direct segment sales, which were down 14.8% and reflect
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