US EditionMIPS' net sales rise 40%; CEO says tariffs creating short-term uncertainty
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MIPS' net sales rise 40%; CEO says tariffs creating short-term uncertainty
STOCKHOLM (BRAIN) — MIPS reported net sales for the first quarter increased 40% year-over-year and added that bike helmet inventory has "largely normalized" globally. Net sales for the quarter were SEK 116 million ($12 million), compared with SEK 83 million at the same time last year. In the Sports sub-category, net sales were SEK 100 million, also a 40% increase from the SEK 71 million reported last April. The earnings announcement addressed th…
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