Dorel’s Sports segment, which is being reported as a discontinued operation following its recent $810 million sale to the Pon Group, saw operating profit grow 22% to $2,292,000 in the fourth quarter from $1,882,000 in Q4 2020. Revenues improved 6% to $280,685,000 from $265,338,000, though gross margin narrowed 440 basis points to 18.8%. The owner of Caloi, Cannondale, GT, ... Log in to view full article.
