Leatt ( (LEAT) ) has shared an announcement.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Leatt Corporation reported a modest growth in global revenues for Q3 2024, with a 1% increase, reaching $12.14 million. Despite a 75% drop in net income, the company saw a significant rise in direct-to-consumer sales by 12% and improved cash flow and liquidity. CEO Sean Macdonald highlighted the introduction of the new ADV apparel line and continued innovation in product offerings as key drivers for future growth, even as challenges persist in the market.
See more insights into LEAT stock on TipRanks’ Stock Analysis page.
