earnings
confidence high
sentiment positive
materiality 0.75
Dorman Q2 net sales $310.6M (+33% YoY), adjusted EPS $1.10 vs $0.47, reaffirms 2021 guidance
Dorman Products, Inc.
2021-Q2 EPS reported
$2.00
revenue$598,647,000
- Record Q2 net sales of $310.6M, up 33% YoY; diluted EPS $0.99 vs $0.43.
- Adjusted diluted EPS $1.10 vs $0.47; gross margin expanded to 35.5% from 33.9%.
- Reaffirmed 2021 guidance; Dayton Parts acquisition on track for H2 2021 close.
- Repurchased 265,889 shares for $27.2M at avg $102.19; $176.2M remaining under authorization.