NLS - Nautilus announces fiscal year change

Nautilus' (NLS) board approved a change in the company's fiscal year from the twelve months beginning Jan. 1 and ending Dec. 31 to the twelve months beginning Apr. 1 and ending Mar. 31.It plans to file a transition report on Form 10-QT for the transition period from Jan. 1, 2021 to March 31, 2021.It's FY22 will begin April 1, 2021 and end March 31, 2022.The change was in order to include the primary fitness season for exercise equipment, October to March, in the same fiscal year and also it is better aligned with the fiscal year-end of its retail partners.Shares -0.69% premarket.

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Nautilus announces fiscal year change