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Jul 01, 2023
Dorman Q2 2023 Earnings Report
Reported a solid second quarter, driven by sales growth and improved gross margin.
Key Takeaways
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.
Net sales increased by 15% to $480.6 million.
Diluted earnings per share (EPS) reached $1.04.
Adjusted diluted EPS was $1.01.
Company confirms full-year 2023 guidance.
Dorman
Dorman
Forward Guidance
The Company confirms its full-year 2023 guidance of net sales of $1.95 billion to $2.00 billion, diluted EPS of $4.35 to $4.55, and adjusted diluted EPS* of $5.15 to $5.35