Sting-Ray Stings Back at Dorel

TORONTO, Canada (Sep 22) – Dropping sales of the Sting-Ray combined with a slump in the ready-to-assemble furniture business undermines the near-term profit outlook of Dorel Industries Inc. This year’s sales of the chopper-style bike by Dorel’s US Schwinn unit will not match the “unprecedented record levels” of 2004, Jeffrey Schwartz, chief financial officer of