Dorman Q3 net sales up 18% to $488.2M; record adjusted EPS $1.40; lowers FY guidance

Dorman Products, Inc.

2023-Q3 EPS reported $2.50 revenue$1,435,492,000

Q3 net sales $488.2M (+18% YoY); organic growth 6% excluding SuperATV acquisition.
Record diluted EPS $1.28 (+32% YoY); adjusted diluted EPS $1.40 (+20% YoY).
Generated $56M cash from ops; repaid $50M debt; inventory down $130M YTD.
FY23 guidance lowered: net sales $1.925-1.945B (prev. $1.95-2.00B), adjusted EPS $4.35-4.55 (prev. $5.15-5.35).
Soft demand from large light-duty customers cited; SuperATV integration on track.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Dorman Products, Inc. reported third quarter ended September 30, 2023 results: revenue $488.2 million, net income $40.5 million, EPS $1.28 per diluted share. Guidance lowered.

Period: third quarter ended September 30, 2023
Revenue: $488.2 million
Net income: $40.5 million
EPS: $1.28 per diluted share
Guidance: lowered
Result: reported results

Exact text from the filing

(EX-99.1) --- Dorman Products, Inc. Reports Third Quarter 2023 Results Highlights (All comparisons are to the prior year period unless otherwise noted) : • Net sale s of $488.2 million, up 18% • Record diluted earnings per share (“EPS”) of $1.28, up 32% compared to $0.97 • Record adjusted diluted EPS* of $1.40, up 20% compared to $1.17 and up 39% compared to

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Dorman Products, Inc. filing history →

Source: SEC EDGAR

accession 0000868780-23-000010

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.