Core Viewpoint - Dorel Industries Inc. is undergoing a strategic shift to reduce the size of its Home segment, aiming for profitability by 2026 through a streamlined product line and the cessation of domestic manufacturing operations in North America [2][6][12] Business Operations Update - The Home segment will focus on profitable categories and eliminate unprofitable product lines, with a significant reduction in inventory planned by year-end [7][8] - Dorel Home is merging its sales, marketing, and product development with the successful Cosco division, transferring select high-performing SKUs to enhance efficiency [3][4] - The decision to cease manufacturing in North America is supported by an external review, expected to yield substantial savings and eliminate losses from domestic operations [6][12] Financial Performance - The restructuring is anticipated to improve earnings by the fourth quarter of 2025, with detailed cost and savings estimates to be provided in the upcoming earnings release [9] - Dorel Juvenile continues to show year-over-year earnings improvement, positioning the company for above-average earnings relative to peers [8][11] Long-Term Strategy - The company is engaging capital market advisors to re-capitalize its balance sheet, facilitating growth in the Juvenile segment and supporting the Home segment's reorganization [10][11] - The changes represent a significant shift in the company's operations, with a focus on returning to profitability and maintaining positive momentum in the Juvenile segment [12]

MONTRÉAL, May 28, 2025 (GLOBE NEWSWIRE) -- 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 15, 2025 were re-elected as directors at the Company’s Annual Meeting of Shareholders held today in Montréal. At the meeting, a ballot was conducted for the election of directors. According to proxies received and ballots cast, the following individuals were elected as directors of Dorel, with the following results: Name of N ...

Wednesday, May 28, 2025 at 10:00 A.M.MONTREAL, May 22, 2025 (GLOBE NEWSWIRE) -- Dorel Industries Inc. (TSX: DII.B, DII.A) Shareholders are invited to participate by live audio webcast at https://www.dorel.com/pages/shareholder-information Shareholders will have the ability to interact with Dorel Industries Inc. Senior Management by submitting questions to ir@dorel.com. To be sure your questions are addressed during the Q&A portion of the annual meeting, please submit them no later than 5 p.m. on Friday, May ...

Company Overview - Dorel Industries Inc. operates two distinct businesses: juvenile products and home products [3] - The company has annual sales of US$1.4 billion and employs approximately 3,600 people across 22 countries [3] - Dorel Juvenile's brands include global names like Maxi-Cosi, Safety 1st, and Tiny Love, along with regional brands such as BebeConfort, Cosco, Mother's Choice, and Infanti [3] - Dorel Home markets a wide assortment of domestically produced and imported furniture through a comprehensive e-commerce platform [3] Shareholder Engagement - Shareholders are invited to participate in a live audio webcast for the annual meeting [2] - Questions can be submitted to senior management via email, with a deadline for submission set for May 23, 2025 [2]