Dorel Industries: 3Q Earnings Snapshot
WESTMOUNT, Quebec (AP) _ Dorel Industries Inc. (DIIBF) on Friday reported a third-quarter loss of $4.3 million, after reporting a profit in the same period a year earlier.
The Westmount, Quebec-based company said it had a loss of 13 cents per share. Earnings, adjusted for restructuring costs, were 7 cents per share.
The maker of bicycles, child safety products and home furnishings posted revenue of $685.7 million in the period.
The company’s shares closed at $3.61. A year ago, they were trading at $15.35.