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Sep 28, 2024
Dorman Q3 2024 Earnings Report
Delivered strong performance with earnings growth exceeding expectations.
Key Takeaways
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.
Net sales increased by 3.2% to $503.8 million compared to the prior year.
Diluted earnings per share increased by 41% to $1.80 compared to the prior year.
Adjusted diluted EPS increased by 40% to $1.96 compared to the prior year.
The company raised its full-year net sales and EPS growth guidance.
Revenue by Segment
Forward Guidance
The Company updated its full-year 2024 guidance, detailed in the table below, which excludes any potential impacts from future acquisitions and divestitures, supply chain disruptions, significant inflation, interest rate changes and additional share repurchases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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