Nautilus expects 4Q net sales to increase by 8.4%
Thursday, January 17, 2013
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.