secwatch.observer — SEC 8-K summary
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Issuer:     Dorman Products, Inc. (DORM)
CIK:        0000868780
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000868780-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorman Products Q2 2024: EPS up 47% to $1.53; raises full-year guidance
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- Net sales $503.0M (+4.7% YoY); Light Duty up 9%, Heavy Duty down 11%, Specialty Vehicle down 2%.
- GAAP diluted EPS $1.53 vs $1.04 (+47%); adjusted diluted EPS $1.67 vs $1.01 (+65%).
- Adjusted gross margin expanded 450 bps to 39.6%; generated $63M operating cash flow.
- Full-year 2024 diluted EPS guidance raised to $5.32-$5.52 (prior $4.71-$5.01); adjusted $6.00-$6.20.
- Repaid $15M of debt and repurchased $25M of shares in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868780/000086878024000030/0000868780-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868780/000086878024000030/dorm-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000868780-24-000030

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