Quarterly ResultMay 4, 2026, 04:04 PM
Dorman Products Q1 Net Sales +4.2% to $528.8M; Adj. EPS $1.57, down 22%
AI Summary
Dorman Products reported first-quarter 2026 net sales of $528.8 million, up 4.2% year-over-year. Diluted EPS was $1.43 and adjusted diluted EPS was $1.57, representing declines of 24% and 22% respectively, primarily due to higher costs from tariffs implemented in 2025. The company generated $43.8 million in cash from operations and returned capital to stockholders by repurchasing $51 million of its shares. Dorman Products reaffirmed its full-year 2026 net sales and earnings guidance, citing a positive outlook across all three segments.
Key Highlights
- Net sales for Q1 2026 increased 4.2% to $528.8 million.
- Diluted EPS was $1.43, a 24% decrease from $1.87 in Q1 2025.
- Adjusted diluted EPS was $1.57, a 22% decrease from $2.02 in Q1 2025.
- Generated $43.8 million of cash from operating activities.
- Repurchased $51 million of shares at an average price of $118 per share.
- Reaffirmed full-year 2026 guidance for net sales (7-9% change) and adjusted diluted EPS ($8.10-$8.50).
- Light Duty segment net sales grew 4% to $423.8 million.
- Heavy Duty segment net sales grew 12% to $57.8 million.