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Gold/Mining/Energy : Direct Focus Inc. (DFXI) -- Ignore unavailable to you. Want to Upgrade?


To: Don Carson who wrote (417)2/16/1999 10:58:00 AM
From: Clement  Respond to of 768
 
Don,

how does nautilus equipment compare these days? I asked about it at my healthclub and they didn't really know... the health club chain used to be known as "#1 Nautilus" a few years back so they do have a certain amount of loyalty towards the product...

there's still some pretty old nautilus equipment there and the old stuff is obviously no where as good as some of the new equipment there like cybex.

does anyone know what Direct Focus's plans are for the healthclub sales of Nautilus? (ie redesign of product, greater marketing etc?)

Clement



To: Don Carson who wrote (417)2/22/1999 10:12:00 AM
From: Clement  Read Replies (1) | Respond to of 768
 
In case you haven't seen it:

biz.yahoo.com

biz.yahoo.com

Just a few blurbs:

sales, net income and earnings for the year ended Dec. 31, 1998 with the fourth quarter contributing the strongest results in the company's history.

For the full year, sales rose to $88.8 million, up 213 percent from $28.4 million in the prior year. Higher sales and a 4 percent improvement in gross margins produced net income of $19.4 million compared to $3.6 million in 1997. Earnings per share (diluted) for the year jumped 424 percent to $1.28 from $0.26 last year on virtually the same number of shares outstanding.

In the fourth quarter ended Dec. 31, 1998, Direct Focus posted sales of $29.2 million, 181 percent higher than $10.4 million in same 1997 period. Net income rose 307 percent to $7.4 million, or $0.76 per share (diluted) from $1.8 million, or $0.19 per share, in the same 1997 quarter.