Dorel Juvenile Revenue Growth
Dorel Juvenile achieved a 2.2% organic revenue increase year-over-year, with significant market share gains in North America and Europe, including a 18% revenue increase in Europe in local currency.
Restructuring Initiatives
The company executed a substantial restructuring plan in the Home segment, including a sale-leaseback transaction of the Columbus factory, reducing fixed costs and improving efficiency.
Market Share Gains in Europe
Dorel Juvenile regained the number one position in car seats in the U.K. and grew market share in Germany, Netherlands, and France.
Growth in Direct-to-Consumer (DTC) Channels
Dorel's DTC sites continued to grow in importance, driving sales increases in the Juvenile segment.