Dorel Juvenile Revenue Growth
Dorel Juvenile reported an organic revenue increase of over 9% across North America, Europe, and International markets, with strong reception to new product launches.
Innovative Product Launches
Introduction of the Maxi-Cosi Emerald 360 Pro car seat in Europe, targeting a fast-growing market category, and recognition of Maxi-Cosi, Cosco Kids, and Safety 1st at The Bump 2024 Editorial Awards.
Improved Financial Metrics for Juvenile Segment
Juvenile segment revenue increased by 7.8% to $222 million with a gross margin improvement of 160 basis points to 28.3%.
Successful Brand Engagement
Safety 1st partnered with CAMP for a successful brand event, with 87% of participants more likely to purchase Safety 1st products following the event.