martin-schwartz

Toys ’R’ Us bankruptcy pummels Dorel Sports’ first quarter

Weather also slowed the start to bike sales in spring, company says.

Dorel Sports: Revenues down but operating profits rise in Q2 and first half

Company blames sales declines at mass and fewer closeouts in IBD channel for revenue drop in second quarter. MONTRÉAL (BRAIN) — Dorel Industries reported that second-quarter revenue was down 11 percent in its sports division, which includes its mass and IBD bike businesses, including Cannondale, Caloi, GT, Mongoose, Schwinn and Sugoi brands

Dorel sees bike revenue dip but operating profit surge in Q1

MONTREAL (BRAIN) — Dorel Inc.’s bike division on Friday reported a drop in first-quarter revenue but said operating profit almost doubled to $10.1 million as margins improved and the division’s restructuring, including a 4 percent workforce reduction, reaped benefits.  “Dorel Sports has been working to develop a clearer strategic focus, and the benefits were evident in Q1,” Dorel Inc. president and CEO Martin Schwartz said during an earnings call.

CSG reports revenue declines in fourth quarter, full year 2016

MONTRÉAL (BRAIN) — Dorel Industries reported a decline in fourth-quarter revenue in its cycling division Thursday.

Dorel announces layoffs as CSG revenue declines

Company points to lower IBD sales in North America and reduced margins from discounting for revenue losses. MONTRÉAL (BRAIN) — Dorel Industries announced Thursday it is trimming the payroll at its Dorel Sports division — which includes its mass market and IBD bicycle businesses

Dorel Sports’ revenue down 5 percent in Q1

Despite slow start, bike division expects to exceed 2015's performance. MONTRÉAL (BRAIN) — Dorel Sports reported that revenue dipped $12.4 million or 5.4 percent in the first quarter, to $216.5 million compared to $228.9 million last year.

Dorel Sports’ revenue down 5 percent in Q1

Despite slow start, bike division expects to exceed 2015's performance.

Dorel’s bike business down in second quarter, first half

Decline in sales in Europe and North America, and foreign exchange losses impact earnings.

Dorel: Foreign exchange hurts Q1 revenue

Organic revenue up 3 percent in bike business excluding currency issues. Growth buoyed by IBD sales in Europe, Japan and Brazil. U.S.

Dorel reports strong growth in bike revenue in 2014

Strong U.S. dollar cuts into profits from overseas markets.