Dorel’s home furnishings sales decline 5.1% in 1Q-2012

Jun 4, 2012 | Furniture Manufacturer | 0 comments

CANADA (Notifix).- Dorel, which reports in U.S. dollars, said it had total revenue of $621.1 million, a 2.2% gain from the same period a year ago. Net income was $29.2

million, compared with last year’s $31.2 million a decline of 6.4% overall. The home furnishings unit ?which includes ready-to-assemble specialist Ameriwood as well as Cosco Home & Office, Dorel Asia and Altra Furniture- had first quarter revenue of $130.7 million, a decline of 5.1% from the comparable 2011 period.

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