secwatch.observer — SEC 8-K summary
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Issuer:     Dorman Products, Inc. (DORM)
CIK:        0000868780
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0000868780-23-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868780/000086878023000010/0000868780-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868780/000086878023000010/dorm-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000868780-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer