The earnings call highlighted strong performance in the Juvenile segment, driven by product innovation and market expansion, particularly in Europe and the US. However, the Home segment faced significant challenges with a large decline in revenue and ongoing restructuring efforts. Tariff changes add to the complexity of the situation, but the company is optimistic about future opportunities, particularly in the Juvenile segment.
Company Guidance
During the Dorel Industries first quarter 2025 results conference call, management provided guidance highlighting the ongoing challenges and opportunities facing the company. For Dorel Juvenile, the segment achieved its eighth consecutive quarter of year-over-year organic revenue growth, with Maxi-Cosi brand sales increasing by 9% and now comprising 37% of sales. Notably, there was a $1.4 million earnings improvement in Chile and Peru. In contrast, Dorel Home experienced a 33% decline in revenue due to lower e-commerce sales, leading to a restructuring to streamline operations and reduce overhead. Overall, Dorel's revenue decreased by $30 million, or 9%, with an operating loss of $14 million compared to $7.7 million last year. The weakening of the US dollar positively impacted earnings, while the revised US-China tariffs are expected to affect future financial performance. Despite these challenges, the company remains optimistic about its Juvenile segment's long-term prospects and is actively restructuring the Home segment to improve profitability.
Juvenile Segment Growth
Dorel Juvenile achieved its eighth consecutive quarter of year-over-year organic revenue growth. The Maxi-Cosi brand grew by 9% over the prior year and now accounts for 37% of sales. Improved performance in Chile and Peru led to an earnings improvement of $1.4 million.
New Product Innovations
The launch of the Maxi-Cosi Fame Stroller in over 40 countries and its new cabin version is expected to positively impact sales. The new Coral Slide Pro car seat as part of the Zero G Travel System showcases innovative features like being the lightest ever and fitting in airplane overhead bins.
US Manufacturing Opportunities
The company is exploring incremental opportunities for its US factory, which already produces 3 million car seats annually, as part of a strategy to capitalize on tariff changes.
Dorel Class B (TSE:DII.B) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:DII.B Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 09, 2025
C$1.57
C$1.70
+8.28%
Mar 11, 2025
C$3.90
C$3.75
-3.85%
Nov 14, 2024
C$4.91
C$4.41
-10.18%
Aug 09, 2024
C$6.90
C$6.80
-1.45%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dorel Industries Class B (TSE:DII.B) report earnings?
Dorel Industries Class B (TSE:DII.B) is schdueled to report earning on Aug 08, 2025, TBA Not Confirmed.
What is Dorel Industries Class B (TSE:DII.B) earnings time?
Dorel Industries Class B (TSE:DII.B) earnings time is at Aug 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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