Profile
Sector:
Consumer CyclicalIndustry:
Auto PartsCountry:
United StatesIPO:
12 March 1991Website:
http://www.dormanproducts.comNext earnings report:
27 February 2025Last dividends:
13 December 2012Next dividends:
N/APrice
regular market | 11 min agoDividend
Analysts recommendations
Institutional Ownership
DORM Latest News
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Dorman Products (DORM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Dorman Products, Inc. (NASDAQ:DORM ) Q3 2024 Results Conference Call November 1, 2024 8:00 AM ET Company Participants Alex Whitelam - VP, IR and Risk Management Kevin Olsen - CEO David Hession - CFO Conference Call Participants Scott Stember - ROTH MKM Bret Jordan - Jefferies Gary Prestopino - Barrington Research Operator Good morning, and thank you for standing by. Welcome to the Dorman Products Third Quarter 2024 Earnings Conference Call.
Dorman Products (DORM) came out with quarterly earnings of $1.96 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.40 per share a year ago.
Highlights (All comparisons are to the prior year period unless otherwise noted) :
COLMAR, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of hundreds of new aftermarket components and assemblies, adding to its expansive catalog of more than 133,000 SKUs. Several of these new offerings represent aftermarket exclusives, first-to-aftermarket solutions that help keep vehicles on the road for everyday drivers while providing millions of repair opportunities for parts distributors, retailers and repair shops.
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
SPOT, TILE, THC, DORM and MATX are five stocks with explosive relative price strength.
DORM's 2Q24 net sales increased by 4.7% year-over-year, with strong performance in the light duty segment. This segment's net sales increased 9%, driven by strong volume and new product introductions. For context, its light duty segment forms the largest share of its 2Q24 sales, accounting for 77%, while heavy duty and specialty vehicle account for 12% and 11%, respectively. Additionally, its adjusted margins expanded year-over-year due to cost-saving initiatives and easing inflationary pressures.
Dorman Products (DORM) could produce exceptional returns because of its solid growth attributes.
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What type of business is Dorman Products?
Dorman Products, Inc. is a supplier of spare parts and fasteners for passenger cars, light trucks, and heavy trucks in the automotive aftermarket. It offers its products under the brands OE Solutions, HELP! and HD Solutions through retail automotive aftermarket outlets, including online platforms; national, regional, and local warehouse distributors; and specialized markets; salvage yards; local independent parts wholesalers; and mass merchants. Dorman Products, Inc. was founded in 1978, and its headquarters are located in Colmar, Pennsylvania.
What sector is Dorman Products in?
Dorman Products is in the Consumer Cyclical sector
What industry is Dorman Products in?
Dorman Products is in the Auto Parts industry
What country is Dorman Products from?
Dorman Products is headquartered in United States
When did Dorman Products go public?
Dorman Products initial public offering (IPO) was on 12 March 1991
What is Dorman Products website?
https://www.dormanproducts.com
Is Dorman Products in the S&P 500?
No, Dorman Products is not included in the S&P 500 index
Is Dorman Products in the NASDAQ 100?
No, Dorman Products is not included in the NASDAQ 100 index
Is Dorman Products in the Dow Jones?
No, Dorman Products is not included in the Dow Jones index
When was Dorman Products the previous earnings report?
No data
When does Dorman Products earnings report?
The next expected earnings date for Dorman Products is 27 February 2025