South Africa's Leatt Q2 revenue rises on higher body armor and helmet sales
South Africa's Leatt Q2 revenue rises on higher body armor and helmet sales
Overview
South Africa protective gear maker's Q2 revenue rose 1% yr/yr to $16.39 mln
Q2 net income fell 20% yr/yr as operating costs rose
Company says supply chain delays limited Q2 revenue growth but have been resolved
Outlook
Company expects bike care product sales to begin contributing to revenue in Q3 2026
Leatt says global consumer demand and ordering patterns remain strong
Company plans continued investment in sales, marketing, and product development to drive growth
Result Drivers
SUPPLY CHAIN DELAYS - Co said delayed shipments of MOTO apparel, boots and helmets limited Q2 revenue growth
CONSUMER DIRECT SALES - Co reported consumer direct sales rose 68% in Q2
BODY ARMOR AND HELMET SALES - Increases in body armor and helmet sales offset declines in other product categories
Company press release: ID:nPnNq4pTa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $16.39 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)