News

11/13/2020
Montreal, Quebec
Dorel Agrees to Going-Private Transaction at C$14.50 per Share
  • Buyer Group led by an affiliate of Cerberus Capital Management, L.P. enters into definitive agreement to purchase all Dorel shares for C$14.50 per share in cash, excluding shares held by Martin Schwartz, Alan Schwartz, Jeffrey Schwartz, Jeff Segel and members of their immediate families
  • Definitive agreement with Buyer Group follows independent and thorough evaluation process and negotiations by Special Committee of the Board of Directors of Dorel and provides compelling value to Dorel shareholders
11/11/2020
Montreal, Quebec
Exclusivity Period Extended for Dorel Potential Going-Private Transaction
Dorel Industries Inc. (TSX: DII.B, DII.A) (“Dorel”) today announced that the ...
11/6/2020
Montreal, Quebec
Dorel Posts Strong Third Quarter
  • Sixth consecutive quarter of increased revenues in Sports drove operating profit improvement
  • Increased revenues in Home segment drove operating profit improvement
  • Dorel Juvenile records improved operating profit despite lower revenues
11/4/2020
Montreal, Quebec
Dorel Industries Will Hold A Conference Call To Discuss Its Third Quarter Results
Open to: Analysts, investors and all interested parties
11/2/2020
Montreal, Quebec
Dorel Reaches Agreement in Principle Regarding Potential Going-Private Transaction
Cerberus Capital Management in exclusive discussions to purchase all Dorel shares for C$14.50 per share in cash, except for shares held by Martin Schwartz, Alan Schwartz, Jeffrey Schwartz and Jeff Segel and their immediate families.
8/10/2020
Montreal, Quebec
Dorel Reports Strong Second Quarter Revenue
  • Dorel Sports posts record operating profit
  • Dorel Home records best ever quarter for revenue
  • Dorel Juvenile segment sales and earnings affected by protracted store closures in many markets
  • Significant inventory and debt reductions
8/4/2020
Montreal, Quebec
Dorel Industries Will Hold A Conference Call To Discuss Its Second Quarter Results
Open to: Analysts, investors and all interested parties
6/10/2020
Montreal, Quebec
Dorel Industries Announces Results of Annual Meeting
Dorel Industries Inc. (TSX: DII.B, DII.A) is pleased to announce that all of the nominees listed in its Management Proxy Circular dated April 28, 2020 were re-elected as directors at the Company’s Annual Meeting of Shareholders held today in Montréal.
6/3/2020
Montreal, Quebec
Dorel Industries Announces Annual Meeting Of Shareholders
Wednesday, June 10, 2020 at 10:00 A.M. In light of the COVID-19 pandemic, shareholders are asked to participate in the meeting by live audio webcast.
5/8/2020
Montreal, Quebec
Dorel Reports First Quarter 2020 Results
  • Coronavirus interrupts solid start to year
  • Inventory reduced by US$64.8 million in the quarter and a further reduction of US$68 million in April
  • Dorel Sports records fourth consecutive quarter of revenue growth; April bicycle sales surge as families seek exercise and alternatives to vacations
  • Dorel Home’s revenue down 6.3%, e-commerce sales increased; April online sales of home products spike
  • Dorel Juvenile hurt by pandemic, records a US$43.1 million non- cash impairment charge
4/30/2020
Montreal, Quebec
Dorel Industries Will Hold A Conference Call To Discuss Its First Quarter Results
Open to: Analysts, investors and all interested parties
3/11/2020
Montreal, Quebec
Dorel Reports Q4 and 2019 Year-End Results
  • Inventory reduced by US$80 million since third quarter
  • Dorel Sports posts third consecutive quarter of revenue growth
  • Dorel Juvenile improved operating profit in most markets, offset by Dorel Juvenile Europe performance
  • Dorel Home e-commerce sales continued upward trend; margins reduced by higher operating/warehousing costs
3/5/2020
Montreal, Quebec
Dorel Industries Will Hold A Conference Call To Discuss Its Fourth Quarter And Year-End Results
Open to: Analysts, investors and all interested parties