Dorel Industries Q1 Adj. EPS $(0.65) Misses $(0.58) Estimate, Sales $267.840M Miss $299.700M Estimate

Dorel Industries (TSX: DII) reported quarterly losses of $(0.65) per share which missed the analyst consensus estimate of $(0.58) by 12.07 percent. This is a 9.72 percent increase over losses of $(0.72) per share from the same period last year. The company reported quarterly sales of $267.840 million which missed the analyst consensus estimate of $299.700 million by 10.63 percent. This is a 16.42 percent decrease over sales of $320.456 million the same period last year.