Dorel Class B (TSE:DII.B) has released an update.
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Dorel Industries Inc. reported a slight revenue increase to $348.1 million in Q2 2024, with growth in Dorel Juvenile and challenges in the Home segment, including a $45.3 million non-cash impairment charge. The company highlights market share growth, innovative product launches, and a focus on reducing operating expenses despite a tough economic environment.
For further insights into TSE:DII.B stock, check out TipRanks’ Stock Analysis page.
