Financial

Dorel Sports posts a 22% sales increase and record earnings

2020-11-09T18:38:00

Dorel Sports, whose brands include Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse, saw its revenues increase year-on-year by 22.1 percent to $305.6 million in the third quarter, marking the sixth consecutive quarter of revenue growth for the segment. Excluding the impact of foreign exchange rates, quarterly revenues improved by around ...

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