DII-B.TO - Dorel Industries Inc.

Toronto - Toronto Delayed Price. Currency in CAD
4.9600
-0.0900 (-1.78%)
At close: 4:15PM EST
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Previous Close5.0500
Open5.1000
Bid4.9600 x 0
Ask5.0000 x 0
Day's Range4.9500 - 5.1000
52 Week Range4.6500 - 20.0800
Volume112,293
Avg. Volume74,335
Market Cap165.976M
Beta (3Y Monthly)0.53
PE Ratio (TTM)N/A
EPS (TTM)-13.9890
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2019-08-29
1y Target Est5.54
  • GlobeNewswire

    Dorel Reports Third Quarter Results

    Dorel Sports total revenue up 14.2%, adjusted organic revenue1 up 15.7%Dorel Juvenile wins innovation award at world’s largest juvenile product exhibition MONTRÉAL, Nov..

  • GlobeNewswire

    REMINDER - Dorel Industries Will Hold a Conference Call to Discuss its Third Quarter Results

    MONTREAL, Nov. 07, 2019 --   CONFERENCE CALL: OPEN TO:  Analysts, investors and all interested partiesDATE:    Friday, November 8, 2019TIME:    1:00 PM Eastern.

  • GlobeNewswire

    Dorel Industries Will Hold a Conference Call to Discuss its Third Quarter Results

    MONTREAL, Oct. 31, 2019 --   CONFERENCE CALL: OPEN TO:  Analysts, investors and all interested partiesDATE:    Friday, November 8, 2019TIME:    1:00 PM Eastern.

  • Have Insiders Been Buying Dorel Industries Inc. (TSE:DII.B) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Dorel Industries Inc. (TSE:DII.B) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

  • Maxi-Cosi Embraces Real-Life Parenting Moments With New Brand Campaign
    PR Newswire

    Maxi-Cosi Embraces Real-Life Parenting Moments With New Brand Campaign

    FOXBORO, Mass., Oct. 3, 2019 /PRNewswire/ -- Dorel Juvenile, a segment of Dorel Industries (TSX: DII.B, DII.A), the world's largest manufacturer of juvenile products, today unveiled a new Maxi-Cosi campaign, Designed For Parenthood, which reflects an updated direction for the brand with new lifestyle imagery and a tonal shift that all parents will relate to. Tapping into the mindset of millennial parents, the campaign embraces the joyful, unexpected, and sometimes bumpy adventures that parents face each day, and shows that Maxi-Cosi products are designed to fit into their lives seamlessly. "For over 35 years, Maxi-Cosi has designed car seats, strollers and travel systems equipped for parenthood, and in recent years we've seen a shift among millennials in what it actually means to be a parent," said Paul Powers, CEO and President of Dorel Juvenile USA.

  • Schwinn-parent Dorel Industries’ stock suffers record selloff after halting dividend
    MarketWatch

    Schwinn-parent Dorel Industries’ stock suffers record selloff after halting dividend

    Shares of Schwinn-parent Dorel Industries Inc. were suffering a record plunge Tuesday after the company said it would stop paying its relatively high dividend to investors, blaming ‘chaotic market conditions’ created by tariffs resulting from the U.S.-China trade war.

  • MarketWatch

    Schwinn parent Dorel stops paying dividend, as tariffs have caused 'chaotic' market conditions

    Dorel Industries Inc. said Tuesday it will stop paying a dividend, citing the impact of increased U.S. tariffs and following a review of preliminary third-quarter results. The Canada-based juvenile products and bicycle maker, whose brands include Schwinn, Cannondale and Maxi-Cosi, said the dividend being paid out on Oct. 2 is not affected. Dorel's previous quarterly dividend was 15 cents a share, with the annual dividend rate of 60 cents a share, implying a dividend yield of 8.82% on the U.S.-listed shares. The company said the increase in May on tariffs on Chinese imports to 25% is having a "much greater impact" on its business than the previous 10% tariff. "We raised prices midway through the third quarter and this has had several negative consequences," said Chief Executive Martin Schwartz. "It is prudent to suspend the dividend until the chaotic market conditions created by tariffs are normalized." As a result, Schwartz said the expected gross margin improvement will be delayed until the beginning of 2020. The U.S.-listed stock has tumbled 47.4% in 2019, while the S&P 500 has gained 18.7%.

  • GlobeNewswire

    Dorel Industries Inc. Suspends Dividend

    DII.A) today announced that the impact of increased U.S. imposed tariffs as well as a review of the preliminary third quarter results have prompted Dorel’s Board of Directors to suspend its dividend. Dorel will announce third quarter results on November 8, 2019.

  • GlobeNewswire

    Dorel Juvenile Wins Innovation Award at Kind + Jugend 2019 for new Maxi-Cosi Lightweight Modular Baby Car Seat

    MONTREAL, Sept. 20, 2019 -- Dorel Industries Inc.’s (TSX: DII.B; DII.A) Dorel Juvenile segment has won the prestigious innovation award in the ‘World of Travelling Kids’.

  • GlobeNewswire

    Dorel Juvenile’s Innovation Front & Center at World’s Largest Juvenile Products Exhibition

    DII.A) Dorel Juvenile segment is once again a leading participant in the annual Kind + Jugend Trade Show, the world’s largest juvenile products exhibition, opening today in Cologne, Germany. Customers from around the world will get a sneak preview of Dorel Juvenile’s impressive line-up of new and refreshed products.  Dorel Juvenile is traditionally one of the largest exhibitors. Featured among the new Maxi-Cosi products is the all-new Coral, the world’s first baby car seat solving the inconvenience of managing bulky seats.

  • Why Dorel Industries Inc.'s (TSE:DII.B) CEO Pay Matters To You
    Simply Wall St.

    Why Dorel Industries Inc.'s (TSE:DII.B) CEO Pay Matters To You

    Martin Schwartz has been the CEO of Dorel Industries Inc. (TSE:DII.B) since 1992. This analysis aims first to contrast...

  • Tiny Love Introduces Developmental Guidebook to Help Parents Navigate Baby's First Year Milestones
    PR Newswire

    Tiny Love Introduces Developmental Guidebook to Help Parents Navigate Baby's First Year Milestones

    The new expert guidebook and launch of a black and white Mobile Activity Center offer new tools to support newborn development. FOXBORO, Mass., Sept. 12, 2019 /PRNewswire/ -- Tiny Love™, a global brand under Dorel Juvenile, has relaunched the widely popular Magical Tales Black & White Gymini™ to now include a developmental guidebook, expertly created to educate parents as they support baby's milestones. The Magical Tales™ Black & White Gymini is a dynamic playmat that grows with baby while strengthening cognitive abilities, enhancing motor skills and building emotional intelligence.

  • Kid Trax launches full portfolio of ride-on toys ahead of holiday season
    PR Newswire

    Kid Trax launches full portfolio of ride-on toys ahead of holiday season

    Proprietary 'Rideamals' category headlines growth for Kid Trax MADISON, Wis. , Sept. 9, 2019 /PRNewswire/ -- Kid Trax, a brand of Dorel Industries, Inc. (TSX: DII.B, DII.A), have started rolling out their ...

  • Thomson Reuters StreetEvents

    Edited Transcript of DII.B.TO earnings conference call or presentation 2-Aug-19 3:30pm GMT

    Q2 2019 Dorel Industries Inc Earnings Call

  • GlobeNewswire

    Dorel Reports Strong Second Quarter Revenue

    Dorel Sports delivers top and bottom-line gains, driven by CSG’s 5th consecutive quarter of growthDorel Home records substantial year-over-year top-line growthDorel Juvenile.

  • GlobeNewswire

    REPEAT - Dorel Industries Will Hold a Conference Call to Discuss Its Second Quarter Results

    MONTREAL, Aug. 01, 2019 -- Dorel Industries Inc. (TSX: DII.B, DII.A)   CONFERENCE CALL:OPEN TO:Analysts, investors and all interested parties  DATE:Friday, August 2,.

  • GlobeNewswire

    Dorel Industries Will Hold a Conference Call to Discuss Its Second Quarter Results

    MONTREAL, July 25, 2019 -- Dorel Industries Inc. (TSX: DII.B, DII.A)   CONFERENCE CALL:OPEN TO:Analysts, investors and all interested parties  DATE:Friday, August 2,.

  • Cannondale Electrifies Its Mountain Bike Category with the Completely Redesigned Moterra and the All-New Habit NEO
    PR Newswire

    Cannondale Electrifies Its Mountain Bike Category with the Completely Redesigned Moterra and the All-New Habit NEO

    WILTON, Conn., July 20, 2019 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B, DII.A), today released the Moterra and Habit NEO, two all-new e-mountain bikes crafted to bring exceptional handling and serious capability to every kind of trail, from the nasty and gnarly to the flowy and fun. The new Moterra is built to thrive on rugged descents and technical climbs in the high mountains but is happy to play wherever it's pointed. The Habit NEO is the snappy, lively, do-it-all trail machine that ramps up the fun factor on fast, flowy singletrack, while having the chops to tackle anything the mountain has to offer.

  • Cannondale Makes 13 Lucky with New CAAD13
    PR Newswire

    Cannondale Makes 13 Lucky with New CAAD13

    WILTON, Conn., July 15, 2019 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B, DII.A), has been a pioneering force in high-performance aluminum road bikes for almost four decades. Each generation of their legendary CAAD series of road bikes has defined the state of the art for aluminum road racing machines, and today they announced the launch of the most advanced evolution yet, the all-new CAAD13. Faster, smoother, more comfortable, and more broadly capable than anything that's come before, the new CAAD13 is designed to compete head-to-head with competitors' carbon fiber bikes, on everything but price.

  • Take Flight on the New Cannondale SuperSix EVO
    PR Newswire

    Take Flight on the New Cannondale SuperSix EVO

    WILTON, Conn., June 28, 2019 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B, DII.A), today announced the launch of the all-new SuperSix EVO – a dramatic evolution of their classic road racing machine. Redesigned to significantly reduce aerodynamic drag, while staying true to its light, smooth and agile roots, it's a pure road bike built to help the modern rider fly. "Aerodynamic efficiency has a huge affect on speed and performance in cycling, so reducing drag on the new SuperSix EVO was a priority," said Nathan Barry, Cannondale Design Engineer.

  • GlobeNewswire

    Dorel Industries Announces Results of Annual Meeting

    MONTREAL, June 20, 2019 -- Dorel Industries Inc. (TSX: DII.B, DII.A) is pleased to announce that all of the nominees listed in its Management Proxy Circular dated May 8, 2019.

  • GlobeNewswire

    REMINDER/Dorel Industries Announces Annual Meeting of Shareholders

    MONTREAL, June 19, 2019 --   Dorel Industries’ Annual Meeting of Shareholders will be held at the Lord Frederick A. Stanley Meeting RoomHoliday Inn & Suites Montréal.

  • GlobeNewswire

    Dorel Announces Intention to Appoint New Members to its Board of Directors

    MONTRÉAL, June 18, 2019 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced that pursuant to the Company’s management proxy circular, dated May 8, 2019, it is the Board’s intention to appoint one or more independent directors immediately following the Company’s Annual Meeting of Shareholders, to be held June 20, 2019. The two independent Directors to be appointed are Sharon Ranson and Brad Johnson. Ms. Ranson is a corporate director and entrepreneur with in-depth financial expertise in accounting, capital markets and investments.

  • GlobeNewswire

    Dorel Signs New US$175 Million Five-Year Senior Unsecured Loan Agreement

    “We appreciate the confidence our lenders have clearly demonstrated in Dorel. The conclusion of this new financing, together with our existing senior secured credit facilities, solidifies our balance sheet, providing a strong foundation to support Dorel and its strategy going forward,” stated Martin Schwartz, Dorel President & CEO.