Dorel Industries (TSE:DII.A) Announces Earnings Results

Dorel Industries (TSE:DII.A) released its quarterly earnings data on Monday. The company reported C($0.56) earnings per share (EPS) for the quarter, FiscalAI reports. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. The business had revenue of C$393.05 million during the quarter.

Dorel Industries Stock Performance

Shares of TSE DII.A opened at C$1.40 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. The company has a market capitalization of C$48.20 million, a P/E ratio of -0.33 and a beta of 1.61. Dorel Industries has a 12 month low of C$1.40 and a 12 month high of C$4.00. The stock has a 50 day moving average of C$1.51 and a 200-day moving average of C$1.88.

About Dorel Industries

Dorel Industries Inc (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation, and quality of its products, as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi ®, Safety 1st¿, and Tiny Love ®, complemented by regional brands such as BebeConfort ®, Cosco Kids ®, Mother’s Choice, and Infanti ®. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture.