Dorel Industries (TSE:DII.A) Posts Earnings Results

Dorel Industries (TSE:DII.A) announced its quarterly earnings data on Wednesday. The company reported C($0.97) earnings per share (EPS) for the quarter, FiscalAI reports. Dorel Industries had a negative net margin of 6.47% and a negative return on equity of 48.11%. The company had revenue of C$354.48 million for the quarter.

Dorel Industries Price Performance

DII.A stock opened at C$1.55 on Thursday. Dorel Industries has a 12-month low of C$1.49 and a 12-month high of C$4.00. The stock has a market capitalization of C$53.66 million, a price-to-earnings ratio of -0.36 and a beta of 1.41. The company has a current ratio of 1.45, a quick ratio of 0.64 and a debt-to-equity ratio of 287.70. The firm’s 50-day moving average price is C$1.80 and its two-hundred day moving average price is C$2.04.

About Dorel Industries

Dorel Industries Inc (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel’s strength lies in the diversity, innovation, and quality of its products, as well as the superiority of its brands. Dorel Juvenile’s powerfully branded products include global brands Maxi-Cosi ®, Safety 1st¿, and Tiny Love ®, complemented by regional brands such as BebeConfort ®, Cosco Kids ®, Mother’s Choice, and Infanti ®. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture.