03:28 PM EDT, 05/13/2025 (MT Newswires) -- Dorel Industries reported a first-quarter miss, notes BMO. While Juvenile sales improved (organic +4% y/y), the Home segment remains under pressure (-24.4%), analyst Stephen MacLeod writes.

Management announced another Home restructuring, to be implemented through the second quarter; and citing low visibility did not give segment-level guidance. Both businesses experienced lower order levels in the second quarter as a result of tariffs (particularly Home), which is expected to weigh on near-term results.

While the 90-day US-China tariff reprieve (to 30% from 145%) should provide some relief for the stock, earnings visibility remains low, MacLeod notes.

Dorel is rated Market Perform, with a $2.25 target.

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