Q1 2023 Dorel Industries Inc Earnings Call Transcript
Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Dorel Industries First Quarter 2023 Results Conference Call. (Operator Instructions)
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 is being recorded today, May 15, 2023.
I will now turn the conference over to Martin Schwartz, President and CEO. Please go ahead.
Good morning, and thank you for joining us for Dorel's first quarter earnings call for the period ended March 31. With me are Jeffrey Schwartz, CFO; and Frank Rana, VP of Finance. We will take your questions following our comments. Again, all figures mentioned during this call are in U.S. dollars.
Our first quarter was another challenging one for sales, as
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