Dorel’s sports segment had an operating profit of $9,780,000 in the final quarter against a loss of $232,084,000 in Q4 ’18 that included $237.2 million in impairment charges. Revenues ticked up slightly to $233,179,000 from $232,686,000, with gains from Pacific Cycle and Caloi offsetting a decline at Cycling Sports Group. Pacific benefitted from better sell-through at key retailers and strong e-commerce sales, while Caloi’s growth was from higher ASPs and Cannondale sales. CSG bright spots were better Cannondale e-bike sales and a good reception for new 2020 models. Gross margin was up 330 basis points helped by the tariff relief ... Log in to view full article.