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Dorel Industries Sees Growth in Juvenile Division

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Dorel Industries Sees Growth in Juvenile Division

Dorel Class B (TSE:DII.B) has released an update.

Dorel Industries reported mixed results for the third quarter of 2024, with Dorel Juvenile showing strong revenue growth across all regions, while Dorel Home faced challenges leading to a 14% decline in revenue. The company’s overall revenue slightly decreased by 1.5%, and it recorded a net loss, reflecting ongoing difficulties in the furniture sector.

For further insights into TSE:DII.B stock, check out TipRanks’ Stock Analysis page.

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