Eric Palomaki
the Board appointed Eric Palomaki, the Company's President & Chief Executive Officer, to fill the vacancy created by Mr. Duvall's resignation.
Highest-materiality recent filing
Core Molding extends credit facility to 2031, revolver doubled to $50M, adds $50M term loan
Revolving credit commitment increased from $25M to $50M; new $50M delayed draw term loan added.
Core Molding Q1 sales down 4.7% to $58.6M; adjusted EPS $0.37 vs GAAP $0.07
Net sales $58.6M (-4.7% YoY) on truck down cycle partially offset by Powersports growth.
Core Molding Q4 revenue up 19.5% to $74.7M; full-year revenue down 9.5%; guides 2026 flat to +5%
Q4 net sales $74.7M (+19.5% YoY); product sales $55.4M (-7.8%); net income $3.1M ($0.36 diluted) vs net loss of $39K.
Core Molding Q3 sales down 20% to $58.4M; net income $1.9M vs $3.2M
Net sales $58.4M (-19.9% YoY); gross margin 17.4% stable; net income $1.9M ($0.22 diluted EPS) vs $3.2M ($0.36) prior year.
Core Molding Q2 net sales $79.2M (-10.7% YoY); announces $25M Mexico expansion for Volvo program
Q2 net income $4.1M ($0.47 diluted EPS) vs $6.4M ($0.73) YoY; adjusted EPS $0.53.
Core Molding CEO Duvall to retire May 2026; COO Palomaki named successor
CEO Dave Duvall to retire May 31, 2026; COO Eric Palomaki appointed CEO effective June 1, 2026.
Core Molding Q1 net sales down 21.4% to $61.4M; gross margin improves to 19.2%
Net income of $2.2M ($0.25 diluted EPS); adjusted net income $2.6M ($0.29).
Core Molding FY2024 sales $302M (-15.5%); net income $13.3M (-34%); Q4 net loss $39K
FY 2024 net sales $302.4M, down 15.5% YoY; net income $13.3M ($1.51 diluted EPS) vs $20.3M ($2.31) prior year.
Core Molding Q3 net sales down 15.8% to $73M; EPS $0.36 vs $0.49 YoY; cuts FY revenue outlook -17%
Net sales $73.0M, down 15.8% YoY; net income $3.2M ($0.36 diluted EPS) vs $4.4M ($0.49) in Q3 2023.
Core Molding Q2 net sales down 9.2%; lowers FY sales guidance to ~15% decline
Q2 net sales $88.7M (-9.2% YoY); net income $6.4M ($0.73 diluted EPS) vs $7.9M ($0.91) YoY.
Core Molding Q1 net sales down 21.5% to $78.1M; EPS $0.43 vs $0.66; guides FY sales down 10-15%
Net sales $78.1M, down 21.5% YoY; gross margin 17.0% vs 17.8% prior year.
Core Molding posts FY2023 net income of $20.3M, up 66% from prior year; sales down 5.2%
FY2023 net sales $357.7M (-5.2% YoY); net income $20.3M ($2.31 diluted EPS) vs $12.2M ($1.44) in FY2022.
Core Molding Q3 net income surges to $4.4M from $1.3M; adjusted EPS up 51%
Q3 net sales $86.7M vs $101.6M prior year; product sales down 12.4% to $80.9M.
Core Molding Q2 EPS $0.91, up 250% YoY; gross margin hits 21.0%
Net sales $97.7M (flat YoY); product sales up 2.6% to $95.7M.
Core Molding Q1 net sales up 10% to $99.5M; diluted EPS $0.66 vs $0.46
Net sales $99.5M, up 9.8% YoY; product sales $98.3M, up 9.4%.
Core Molding reports record FY2022 sales of $377M, net income $12.2M
Q4 net sales $86.4M (+18% YoY); product sales $83.1M (+22% YoY).
Core Molding Q3 sales record $101.6M (+25% YoY), net income $1.3M vs loss
Net sales of $101.6M, up 25.4% YoY; product sales $92.3M, up 36.5%.
Core Molding Q2 net sales record $98.7M (+23% YoY); EPS drops to $0.26 from $0.48
Net sales $98.7M, up 22.7% YoY; product sales $93.3M, up 17.9%.
the Board appointed Eric Palomaki, the Company's President & Chief Executive Officer, to fill the vacancy created by Mr. Duvall's resignation.
David L. Duvall resigned from the board of directors (the " Board ") of Core Molding Technologies, Inc (the " Company ").
David L. Duvall submitted notice of his resignation as a member of the board of directors (the “Board”) of Core Molding Technologies, Inc. (the “Company”), effective June 1, 2026. Mr. Duvall’s resignation was related to his previously announced retirement as the Company’s President & Chief Executive Officer, and not due to any disagreement with the Company, the Company’s management or the Board.
On May 14, 2026, Core Molding Technologies, Inc. (the “ Company ”) and David L. Duvall the Company’s President and Chief Executive Officer entered into a Transition Agreement (the “ Transition Agreement ”), in connection with the previously announced planned transition and retirement of Mr. Duvall.
appointed Alex J. Panda as the Company’s Executive Vice President, Secretary, Treasurer and Chief Financial Officer, effective as of June 1, 2025
announced the planned transition and departure of John P. Zimmer as the Company’s Executive Vice President, Secretary, Treasurer and Chief Financial Officer, which departure will be effective as of May 31, 2025
On November 1, 2023, Salvador Minarro-Villalobos was appointed as an independent member of the Board of Directors of Core Molding Technologies, Inc.
Max materiality 0.75 · Median 0.50 · Most common event earnings