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Nautilus powers through poor logistics to continue expansion in Q1’21

China 2778 Cons. Discr. - Durables 411 Earnings 587 Quote Watch 354 U.S. 4946

Fitness equipment maker Nautilus reported 81.7% revenue growth in Q4’20 versus a year earlier despite “poor congestion, reduced sailings, and in December, an unexpected reduction in the number of delivery trucks available” according to CFO Aina Konold. The firm’s supply chain has likely continued to face pressure with U.S. seaborne imports linked to the firm having increased by 97.2% year over year in the first half of Q1’21 (Jan. 1 to Feb. 14) after expanding by 82.9% year over year in Q4’20. The firm’s sourcing in the meantime maintains a higher-than-average exposure to China, which ac...

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