Dorman Earnings Reports

Dorman Products delivered a solid Q4 2024, with revenue increasing 8.0% year-over-year to $533.8 million. Net income was $54.5 million, and adjusted EPS grew 40% to $2.20. The Light Duty and Specialty Vehicle segments drove growth, while the Heavy Duty segment saw a decline. The company generated $71 million in operating cash flow and repaid $54 million in debt.

Dorman Products, Inc. reported a 3.2% increase in net sales to $503.8 million and a 41% increase in diluted EPS to $1.80 for the third quarter of 2024. The company also updated its full-year guidance for 2024, anticipating net sales growth of 3.5% to 4.5% and diluted EPS in the range of $6.15 to $6.25.

Dorman Products reported a 4.7% increase in net sales to $503.0 million and a 47% increase in diluted EPS to $1.53 for the second quarter of 2024. The company is raising its full-year earnings guidance for 2024.

Dorman Products reported a slight increase in net sales and a substantial improvement in diluted earnings per share for the first quarter of 2024. The company's focus on new and innovative products drove strong financial results, with a 98% year-over-year improvement in cash from operating activities.

Dorman Products reported a decrease in net sales by 1% to $494.3 million, influenced by an extra week in the previous year's quarter. However, excluding this impact, net sales would have increased by 3%. The company achieved record diluted EPS of $1.60, up 182%, and adjusted diluted EPS of $1.57, a 55% increase. They also generated $60 million in cash from operating activities, repaid $30 million in debt, and repurchased $15 million of shares.

Dorman Products reported an 18% increase in net sales to $488.2 million, with record diluted EPS of $1.28, up 32%, and adjusted diluted EPS of $1.40, up 20%. The company generated $56 million in cash from operating activities and repaid $50 million of debt. However, due to softer demand, the company lowered its full-year net sales and earnings forecast.

Dorman Products reported a 15% increase in net sales to $480.6 million for the second quarter of 2023. Diluted EPS was $1.04, while adjusted diluted EPS was $1.01. The company confirms its full-year 2023 guidance.

Dorman Products reported a 16% increase in net sales to $466.7 million for Q1 2023. EPS decreased to $0.18 from $1.11 year-over-year, while adjusted EPS was $0.56 compared to $1.29. The company confirms its full-year 2023 guidance.

Dorman Products reported a strong fourth quarter with record net sales of $501.3 million, a 25.9% increase year-over-year. EPS was $0.57, while adjusted EPS was $1.01. The company benefited from an extra week in the fourth quarter and the acquisition of SuperATV.

Dorman Products, Inc. announced its financial results for the third quarter ended September 24, 2022. Net sales increased by 19% compared to the third quarter of 2021, driven by favorable industry dynamics, new product launches, the addition of Dayton Parts, and price increases. Diluted earnings per share decreased by 7% compared to the prior year quarter. The company also completed the acquisition of SuperATV, expanding into the powersports aftermarket.

Dorman Products, Inc. reported a strong second quarter in 2022, marked by record net sales of $417.4 million, a 34% increase compared to the prior year. Diluted earnings per share rose by 21% to $1.20, and adjusted diluted EPS increased by 17% to $1.29. The company is adjusting its fiscal year 2022 guidance due to higher interest rates, while maintaining net sales growth expectations.

Dorman Products reported a strong start to fiscal year 2022, with record net sales of $401.6 million, up 39% year-over-year. Diluted earnings per share increased to $1.11, a 9% increase compared to Q1 2021. The company is reaffirming its fiscal year 2022 guidance.

Dorman Products, Inc. reported record net sales of $398.2 million for the fourth quarter of 2021, a 32% increase year-over-year. Diluted earnings per share were $1.07, while adjusted diluted EPS reached $1.33. The company's performance was driven by robust customer demand and the inclusion of Dayton Parts.

Dorman Products, Inc. reported a 16% increase in net sales to $348.4 million compared to Q3 2020, driven by robust customer demand and the acquisition of Dayton Parts. Diluted EPS was $1.04, slightly lower than the $1.06 reported in Q3 2020. The company experienced inflationary impacts due to global transportation and logistics constraints, which affected gross margin percentage.

Dorman Products reported a record quarterly net sales of $310.6 million, a 33% increase compared to Q2 2020. Diluted earnings per share (EPS) was $0.99, compared to $0.43 in Q2 2020, and adjusted diluted EPS was $1.10, compared to $0.47 in the same quarter last year.

Dorman Products, Inc. reported a strong start to fiscal year 2021 with a 12% increase in net sales and a 46% increase in diluted EPS. The company's performance was driven by robust customer demand and improved operational efficiencies, despite pressures from global transportation and logistics constraints.

Dorman Products, Inc. reported a strong fourth quarter in 2020, with net sales reaching $301.2 million, a 26% increase compared to Q4 2019. GAAP diluted EPS was $1.11, up 106% from $0.54 in the prior year, and adjusted diluted EPS was $1.19, a 129% increase from $0.52 in Q4 2019. The company surpassed $1 billion in annual net sales for the first time in its history.

Dorman Products reported a strong third quarter with record-high net sales of $300.6 million, an 18.4% increase compared to Q3 2019. Diluted EPS, on a GAAP basis, was $1.06, up from $0.65 in the same quarter last year. The company's performance was driven by improved customer demand and strategic initiatives, including cost savings from productivity improvements.

Dorman Products Inc. reported a decrease in net sales and earnings per share for the second quarter of 2020, as compared to the second quarter of 2019. Net sales were $233.2 million, down 8.3% from $254.2 million. Diluted EPS was $0.43, compared to $0.66 in the prior year quarter. The company noted that order volume improved throughout the quarter, with a strong June offsetting earlier declines due to COVID-19 restrictions.

Dorman Products, Inc. reported a 6% increase in net sales to $257.7 million for the first quarter of 2020, compared to $243.8 million in the first quarter of 2019. Diluted earnings per share (EPS) on a GAAP basis was $0.70, slightly lower than the $0.71 reported in Q1 2019. The company's performance was impacted by the COVID-19 pandemic, which led to a decline in customer demand late in March.

Dorman Products Inc. reported a decrease in net sales for Q4 2019, down 8% to $239.6 million compared to the previous year. Diluted EPS also declined to $0.54 from $1.05. However, the company generated strong operating cash flow of $36 million and expects net sales growth and EPS improvements in fiscal year 2020.