Thule rides bike boom to 45% growth in Q3

October 26, 2020

Sales for the third quarter ending in September were SEK 2,436 million ($278 million), up from SEK 1,682 million ($192.1 million) from the third quarter 2019. The COVID-19 pandemic caused Thule’s sales to decrease 4.9% in the first quarter and 11.6% in the second quarter. Read more on Bicycle Retailer.