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