Giant reporting profits are 60% down

[meamoantonio]

Hey guys so big companies are all reporting a down trend in profits even in 2025, what's your take on this? I think Giant reporting this is huge for the scene since they also manufacture for other brands, that just means that if Giant isn't doing well, most likely everyone in the industry is in a bad shape these days.

https://road.cc/content/news/giant-profits-plummet-60-313063

News article about Giant here, but I want to hear from you guys, what's the common cyclist thinking when news like this hits

[Painkiller]

Maybe the fact that they are down actually means the profits are getting inline with what they should be. Profit is such a loose term. I do not think the doors are going to close.

[rydabent]

Probably not really a big deal. Sales of almost everything run in cycles. Im sure their sales will go up again. The reason I say that is bikes wear out, and the population is increasing.

[SPINMAN]

Like painkiller said, profit is a loose term. Perhaps profits and margin are merging closer, better for the consumer. With so many new brands, the switch to e-bikes, discounted new bikes, keeping bikes longer by self repairing, and saving by buying used (my last two,) looks like the consumer will benefit.

[Puppershep]

The entire bicycle market is flat.. i sell used bikes... or i should say, i'm TRYING to sell used bikes for the last couple of months.
nothing is moving on Craigslist or Facebook Marketplace either.

[Painkiller]

(04-05-2025, 06:28 PM)Puppershep Wrote:  The entire bicycle market is flat.. i sell used bikes... or i should say, i'm TRYING to sell used bikes for the last couple of months.
nothing is moving on Craigslist or Facebook Marketplace either.

for me I think the used bike segment is on the rise after about a 2yr slow down. I cannot get them out fast enough. I have to pick up the pace

[meamoantonio]

interesting thoughts guys, thanks for sharing these!