Dorel Industries Inc. (DII.A) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Durell Industries' second quarter 2026 results conference call. At this time, all participants are in listen-only mode. Following the presentation, we will conduct a question and answer session. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Before turning the meeting over to management, please be advised that this conference call will contain statements that are forward-looking and subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. I would like to remind everyone that this conference call was being recorded today, August 6, 2026. I would now like to turn the call over to Martin Schwartz, President and CEO. Please go ahead. Okay, thank you. Good morning. Thanks for joining us for Durell's second quarter earnings call for the period ended June 30th, 2026. Today, we will review our second quarter performance, provide an update on strategic actions underway across the Durell juvenile and Durell home, and discuss how these initiatives are intended to improve profitability Simplify the business and strengthen cash generation over time. With me today are Jeffrey Schwartz, CFO, and Jason Kwasnik, VP of Finance. We'll take your questions following our comments. And please note that all figures mentioned during this call are in U.S. dollars. The REL Juvenile delivered a resilient second quarter supported by strong international performance and continued momentum in its premium brand. While softer market conditions in the United States affected sales, the segment continued to improve underly...