08:07 AM EDT, 05/12/2025 (MT Newswires) -- Dorel Industries (DII-B.TO, DII-A.TO) on Monday said its first-quarter adjusted net loss widened while revenue fell.

The company, which makes bicycles, child safety products and home furnishings, said the adjusted net loss increased to US$23.6 million, or US$0.72 per diluted share, from US$16.9 million, or US$0.52 per diluted share, for the prior year period.

First-quarter revenue decreased 8.7% to US$320.5 million While revenue for the juvenile segment increased 1.5%, Dorel Home sales fell 24.4% to US$104.6 million, mainly due to lower e-commerce sales with brick-and-mortar sales being flat. The U.S. tariff impact on the Home segment is "substantial," with 35% of all sales sourced from China and 40% from other Asian-based suppliers, Dorel added.

The company will be implementing additional restructuring activities to help counter the lower sales and margin levels in the Home segment during the second quarter.