Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$3.25 CAD
Change Today 0.00 / 0.00%
Volume 0.0
DL On Other Exchanges
Symbol
Exchange
Toronto
OTC US
As of 4:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

danier leather inc (DL) Snapshot

Open
C$3.22
Previous Close
C$3.25
Day High
C$3.25
Day Low
C$3.21
52 Week High
08/6/14 - C$9.25
52 Week Low
02/11/15 - C$2.97
Market Cap
12.5M
Average Volume 10 Days
429.5
EPS TTM
C$-2.90
Shares Outstanding
2.6M
EX-Date
08/21/06
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DANIER LEATHER INC (DL)

Related News

No related news articles were found.

danier leather inc (DL) Related Businessweek News

No Related Businessweek News Found

danier leather inc (DL) Details

Danier Leather Inc. designs, manufactures, and retails fashion leather and suede apparel and accessories for women and men in Canada. The company offers outerwear and sportswear products, including jackets, skirts, shirts, pants, sweat shirts, dresses, leggings, tops, minis, joggers, tanks, T-shirts, sweaters, blouses, blazers, and tunics, as well as provides applicator clothes, and leather cleaning wipes and rejuvenators. It also offers leather accessories, such as handbags, wallets, gloves, scarves, belts, briefcases, laptop cases, and other travel and business accessories under the Danier brand. As of August 14, 2014, it operated 90 shopping mall, street-front, and outlet stores under the Danier brand, as well as danier.com online store. The company was formerly known as Royal Leather Goods Limited. Danier Leather Inc. was founded in 1972 and is headquartered in Toronto, Canada.

1,193 Employees
Last Reported Date: 09/5/14
Founded in 1972

danier leather inc (DL) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: C$526.6K
Executive Vice-President of Retail Operations
Total Annual Compensation: C$265.9K
Executive Vice President of Merchandising, So...
Total Annual Compensation: C$212.3K
Compensation as of Fiscal Year 2014.

danier leather inc (DL) Key Developments

Danier Leather Inc. Announces Executive Changes

Danier Leather Inc. announced that Bryan Tatoff, its Chief Financial Officer, has informed the company that he will be resigning to pursue other opportunities. Mr. Tatoff will remain in his current role through July 24, 2015 to facilitate an orderly transition. The company has appointed Brent Houlden to assume the role of Interim Chief Financial Officer. Mr. Houlden has extensive retail strategy and operations expertise with deep financial skills. During his 26 years as a partner of Deloitte LLP, Mr. Houlden held various senior leadership positions, including building Deloitte’s Consulting and Financial Advisory practices as well as leading its retail practice in Canada.

Danier Leather Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 28, 2015; Announces Impairment Loss on Property and Equipment for the Third Quarter Ended March 31, 2015

Danier Leather Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 28, 2015. For the quarter, the company announced revenue of CAD 26,295,000 compared to CAD 31,011,000 for the same period a year ago. Loss before income taxes was CAD 5,476,000 compared to CAD 5,711,000 for the same period a year ago. Net loss and comprehensive loss was CAD 4,136,000 compared to CAD 4,286,000 for the same period a year ago. Net loss per share, basic and diluted was CAD 1.07 compared to CAD 1.12 for the same period a year ago. Net cash used in operating activities was CAD 7,536,000 compared to CAD 7,520,000 for the same period a year ago. Acquisition of property and equipment was CAD 146,000 compared to CAD 215,000 for the same period a year ago. Acquisition of computer software was CAD 54,000 compared to CAD 116,000 for the same period a year ago. LBITDA was CAD 4,651,000 compared to CAD 4,694,000 for the same period a year ago. Adjusted LBITDA was CAD 4,406,000 compared to CAD 4,225,000 for the same period a year ago. The decrease in net loss was mainly due to reduced SG&A. For the nine months, the company announced revenue of CAD 102,577,000 compared to CAD 117,221,000 for the same period a year ago. Loss before income taxes was CAD 8,701,000 compared to CAD 1,397,000 for the same period a year ago. Net loss and comprehensive loss was CAD 6,578,000 compared to CAD 983,000 for the same period a year ago. Net loss per share, basic and diluted was CAD 1.71 compared to CAD 0.26 for the same period a year ago. Net cash used in operating activities was CAD 9,920,000 compared to CAD 4,413,000 for the same period a year ago. Acquisition of property and equipment was CAD 2,699,000 compared to CAD 3,840,000 for the same period a year ago. Acquisition of computer software was CAD 306,000 compared to CAD 1,048,000 for the same period a year ago. LBITDA was CAD 6,186,000 compared to EBITDA of CAD 1,587,000 for the same period a year ago. Adjusted LBITDA was CAD 6,415,000 compared to adjusted EBITDA of CAD 2,254,000 for the same period a year ago. Year-to-date decrease in revenue mainly relates to the Fall and Winter merchandise assortment which lacked sufficient quantities of longer length winter-weight leather and non-leather jackets. The increase in net loss was mainly due to reduced sales and gross profit dollars. For the third quarter ended March 31, 2015, the company announced impairment loss on property and equipment of CAD 516,000 compared to CAD 153,000 for the same period a year ago.

Danier Leather's Strategic Review Process Is Currently Ongoing

Danier Leather Inc. (TSX:DL) said, "The strategic review process is currently ongoing, and in connection therewith, the Company and its financial advisor, Consensus Advisory Services, LLC, have held various discussions with potentially interested parties and the Company has entered into confidentiality agreements with a number of these parties in relation to a variety of possible strategic alternatives. There can be no assurance that this process will result in any definitive agreement or, if a definitive agreement is entered into, that a potential transaction will ultimately be consummated. The Company is also exploring alternatives that may be available to refinance its existing credit facilities in order to increase liquidity and extend the maturity of available credit under its operating and term credit facilities, which are currently committed until June 2016, subject to compliance with the terms thereof. There can be no assurance as to whether the Company will be successful in refinancing its existing credit facilities or, if it does, that the terms of any alternative financing will be favourable to the Company.”

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DL:CN C$3.25 CAD 0.00

DL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for DL.
View Industry Companies
 

Industry Analysis

DL

Industry Average

Valuation DL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.1x
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DANIER LEATHER INC, please visit www.danier.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.