Nautilus (NLS) Tops Q4 EPS by 1c, Revenues Beat
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Nautilus, Inc. Reports Results for the Fourth Quarter and Full Year 2018
February 25, 2019 4:05 PM ESTVANCOUVER--(BUSINESS WIRE)-- Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fourth quarter and full year ended December31, 2018.
Net sales for the fourth quarter of 2018 totaled $115.4 million, a decrease of 9.7% compared to $127.8 million in the same quarter of 2017. The decrease in net sales was driven by a 30.3% decline in the Direct segment partially offset by 16.1% growth in the Retail segment, compared to the same quarter of the prior year, reflecting double-digit growth in the mass retail channel and modest gains in the international and specialty and commercial channels. Direct... More
