secwatch.observer — SEC 8-K summary
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Issuer:     Dorman Products, Inc. (DORM)
CIK:        0000868780
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000868780-24-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorman Products Q1 EPS $1.05 (adjusted $1.31); revenue $468.7M, up 0.4% YoY; confirms FY guidance
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- Diluted EPS $1.05 vs $0.18 prior year (+483%); adjusted diluted EPS $1.31 vs $0.56 (+134%).
- Net sales $468.7M, up 0.4%; gross margin expanded to 38.7% from 31.0% (adjusted 38.7% vs 32.4%).
- Light Duty segment sales up 3% to $359.3M; Heavy Duty down 15% to $57.8M; Specialty Vehicle up 1% to $51.6M.
- Generated $52M cash from ops; repaid $15M debt; repurchased $27M of shares.
- Confirms FY 2024 guidance: revenue growth 3-5%, diluted EPS $4.71-$5.01, adjusted diluted EPS $5.40-$5.70.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868780/000086878024000018/0000868780-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868780/000086878024000018/dorm-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000868780-24-000018

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