Overview

* Dorel Q2 revenue falls 16% to $292.4 mln

* Adjusted net loss widens to $21.1 mln for the company which makes juvenile products and home furnishings

* Dorel Juvenile sees growth in international markets, offsetting U.S. decline

Outlook

* Dorel expects Juvenile segment earnings to improve in 2025

* Company anticipates Dorel Home profitability by 2026

Result Drivers

* INTERNATIONAL GROWTH - Dorel Juvenile's earnings were driven by strong growth in Europe and other international markets, offsetting U.S. declines

* RESTRUCTURING STRATEGY - Dorel Home is implementing a restructuring strategy to reduce costs and streamline operations amidst challenging market conditions

* TARIFF IMPACT - U.S. market faced headwinds from tariff-related instability, affecting Dorel Juvenile's sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $292.39 $328 mln

Revenue mln (1

from Analyst)

Cont Ops

Q2 -$21.14

Adjusted mln

Net

Income

from

Cont Ops

Q2 Net -$44.93

Income mln

from

Cont Ops

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the toys & children's products peer group is "hold"

* Wall Street's median 12-month price target for Dorel Industries Inc ( DIIBF ) is C$1.75, about 16.6% above its August 7 closing price of C$1.46

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)