Dorel Industries Ord Shs Class A T.DII.B

Primary Symbol: T.DII.A Alternate Symbol(s): DIIBF

Consumer Cyclical

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

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Dorel Industries Ord Shs Class A > Selling pressure

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Comment by McRambuson Nov 11, 2024 3:06pm

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Post# 36307076

RE:Selling pressure

jmkOttawa wrote: Curious why?

Starting to look like we are in for another bad quarter. The stock has been grinding lower August. I think we will hear that the furniture division has not recovered and is siphoning the profits from Juvenile.

Quarter after quarter management keeps dangling the positive comments carrot tricking you into thinking they are so close to a full turnaround only to get a whack when the financials come out along with more positive comments saying 'we are optimistic for the coming quarters' blah blah BLAH

On top you have the potential Trump tarrifs. Although they have some manufacturing in the US most of the juvenile products come from Europe. Right now there is no interest until the market sees actual reported profit and not writedowns and losses. Think I overstayed my welcome here.

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