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March 18, 2024

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Nautilus expects 4Q net sales to increase by 8.4%

The Columbian
Published:

Nautilus Inc. said Wednesday it expects to report net sales of about $65 million for the fourth-quarter of 2012, a year-over-year increase of 8.4 percent.

For all of 2012, Nautilus expects to report net sales of about $194 million, an increase of 7.5 percent from 2011, according to the Vancouver-based manufacturer of fitness equipment.

“We’re very pleased to see strong sales growth in the fourth quarter of 2012 driven by significant increased demand in our (direct-to-consumer) channel,” Bruce Cazenave, CEO of Nautilus, said in a news release.

The company plans to release its full financial results for the fourth quarter and for all of 2012 in early March.

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