Dorel Sports’ growth is hit by currency headwinds

2015-11-10T00:00:00

Dorel Sports' sales for the third quarter were flat at $266.5 million, but were up by about 9 percent after removing the impact of currency exchange fluctuations. Dorel Industries, Dorel Sports' parent company, attributed the growth of the independent bicycle dealer (IBD) channel to increased demand for the higher-margin bikes ...

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