South Africa's Leatt Q2 revenue rises on higher body armor and helmet sales - LEAT News | RalliesSouth Africa's Leatt Q2 revenue rises on higher body armor and helmet sales
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LEAT• 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
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
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
