Dorel Reports Second Quarter 2026 Financial Results
* Dorel Juvenile reports solid second quarter results supported by international market strength * Dorel Home further reduces overhead structure focusing on the profitable Cosco division MONTRÉAL, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) today announced its financial results for the second quarter and six months ended June 30, 2026.
Second quarter revenue was US$249.5 million, compared to US$292.4 million, a decrease of 14.7% from the same period a year ago. Reported net loss was US$42.5 million or US$1.23 per diluted share, compared to US$44.9 million or US$1.38 per diluted share last year. Adjusted net loss(1) was US$23.5 million or US$0.68 per diluted share compared to US$21.1 million or US$0.65 per diluted share last year. Revenue for the six months was US$517.3 million, compared to US$612.8 million, down 15.6% from the prior year. Reported net loss was US$67.4 million or US$1.96 per diluted share, compared to US$70.2 million or US$2.15 per diluted share a year ago. Adjusted net loss(1 )for the six months was US$45.8 million or US$1.33 per diluted share, compared to US$44.8 million or US$1.37 per diluted share last year.
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