Nautilus Inc. reports strong earnings in first quarter sales

Nautilus logo

Nautilus logo

The company said its strong growth was driven by higher sales in both the direct and retail segments. Its gross margins and operating margins also improved.

“With our expanded and diversified new product offerings in both segments and improved product margins, we are well positioned to build on the trajectory of growth and improved financial performance that began three years ago,” said company CEO Bruce Cazenave, in a press release. “Our team has continued its focus on new product innovation, margin improvement and achieving operating leverage; and we are pleased that the first quarter results continue to validate that our focus on driving improvements in these three key areas is working.”

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