The furniture and baby-goods maker said its profit in the third quarter will likely drop 18 to 22% from a year ago, although revenue will be up 40%.
The company expects to earn about $1.30 (all figures in U.S. dollars) a share for the year, on revenue of $800 million.
"The single biggest issue is a shortfall at Safety 1st," Dorel CEO Martin Schwartz said in a release.
Dorel completed its $130-million takeover of Safety 1st in June. Safety 1st, based in Massachusetts, makes bed rails and bouncers, nursery monitors, security gates and the "Baby on board" car signs.
Without Safety 1st sales, revenue would be up by 10%, Dorel said.
