Dorel's Results Down Due to Challenging North American Retail Market
MONTREAL, Canada - Results at Dorel Sports declined again in the third quarter as the company reports an on-going weakness in the global bicycle market and a very challenging North American brick and mortar environment. Nevertheless Dorel President and CEO, Martin Schwartz is still positive, "We believe at this point that our fourth quarter adjusted operating profit should be in line with the fourth quarter of last year."
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