Dorman Products, Inc. supplies replacement parts and fasteners for passenger cars, light trucks, and heavy-duty trucks in the automotive aftermarket industry in the United States, Canada, Mexico, Europe, the Middle East, and Australia. It offers original equipment dealer products, such as intake and exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and oil drain plugs, and wheel bolts and lug nuts. The company also provides automotive replacement parts comprising door handles, keyless remotes and cases, and door hinge repairs; and heavy duty aftermarket parts for class 4-8 vehicles, such as lighting, cooling, engine management, wheel hardware, air tanks, and cab products. In addition, it offers powertrain products, including cooling products, harmonic balancers, fluid lines and reservoirs, connectors, 4-wheel drive components, other engine, and transmission and axle components; and chassis products consisting of control arms, brake hardware and hydraulics, axle hardware, suspension arms, knuckles, links, bushings, and other suspension, steering, and brake components. Further, it provides automotive body products, such as window lift motors, switches and handles, wiper, and other interior and exterior automotive body components; and hardware products comprising threaded bolts; auto body and home electrical wiring components; and other hardware assortments and merchandise. The company offers its products under the OE Solutions, HELP!, and HD Solutions brands through automotive aftermarket retailers, including on-line platforms; national, regional, and local warehouse distributors; and specialty markets; salvage yards; local independent parts wholesalers; and mass merchants. The company was founded in 1918 and is headquartered in Colmar, Pennsylvania.
IPO Year:
Exchange: NASDAQ
Website: dormanproducts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/13/2024 | $134.00 | Market Outperform | CJS Securities |
| 5/19/2022 | $129.00 | Buy | MKM Partners |
| 2/22/2022 | $120.00 | Mkt Perform → Outperform | Barrington Research |
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
3 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
4 - Dorman Products, Inc. (0000868780) (Issuer)
CJS Securities initiated coverage of Dorman Products with a rating of Market Outperform and set a new price target of $134.00
MKM Partners initiated coverage of Dorman Products with a rating of Buy and set a new price target of $129.00
Barrington Research upgraded Dorman Products from Mkt Perform to Outperform and set a new price target of $120.00
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $503.8 million, up 3.2% compared to $488.2 millionDiluted earnings per share ("EPS") of $1.80, up 41% compared to $1.28Adjusted diluted EPS* of $1.96, up 40% compared to $1.40Repurchased $27 million of its shares and announced a new share repurchase authorization for up to $500 millionUpdates its full-year guidance for 2024 COLMAR, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the third quarter ended September 28, 2024. Kevin Olsen, D
COLMAR, Pa., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the third quarter ended September 28, 2024 after the closing of the Nasdaq Stock Market on October 31, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its third quarter 2024 financial results on November 1, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials c
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $503.0 million, up 4.7% compared to $480.6 millionDiluted earnings per share ("EPS") of $1.53, up 47% compared to $1.04Adjusted diluted EPS* of $1.67, up 65% compared to $1.01Generated $63 million of cash from operating activities; repaid $15 million of debt and repurchased $25 million of its sharesRaises its full-year earnings guidance for 2024 COLMAR, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the second quarter ended June 29,
COLMAR, Pa., July 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the second quarter ended June 29, 2024 after the closing of the Nasdaq Stock Market on August 1, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its second quarter 2024 financial results on August 2, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials can be a
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $468.7 million, up 0.4% compared to $466.7 millionDiluted earnings per share ("EPS") of $1.05, up 483% compared to $0.18Adjusted diluted EPS* of $1.31, up 134% compared to $0.56Generated $52 million of cash from operating activities; repaid $15 million of debt and repurchased $27 million of its sharesThe Company confirms its full-year 2024 guidance COLMAR, Pa., May 07, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the first quarter ended March 3
COLMAR, Pa., April 16, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the first quarter ended March 30, 2024 before the opening of the Nasdaq Stock Market on May 7, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its first quarter 2024 financial results on May 7, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials can be access
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $494.3 million for the quarter, down 1% reflecting the impact of an extra week in the prior year period, up 3% excluding this impactRecord diluted earnings per share ("EPS") of $1.60 for the quarter, up 182% compared to $0.57 Record adjusted diluted EPS* of $1.57 for the quarter, up 55% compared to $1.01Generated $60 million of cash from operating activities; repaid $30 million of debt and repurchased $15 million of its shares during the quarterFor full year 2023, achieved diluted EPS of $4.10, adjusted diluted EPS* of $4.54 and record net sales of $1.93 billion CO
COLMAR, Pa., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the fourth quarter and full year ended December 31, 2023 after the closing of the Nasdaq Stock Market on February 26, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its fourth quarter and full year 2023 financial results on February 27, 2024 at 8 a.m. ET. During the call, the Company will discuss its financial performance as well as future expectations. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $488.2 million, up 18%Record diluted earnings per share ("EPS") of $1.28, up 32% compared to $0.97Record adjusted diluted EPS* of $1.40, up 20% compared to $1.17 and up 39% compared to the second quarter of 2023Generated $56 million of cash from operating activities; repaid $50 million of debtUpdated fiscal 2023 guidance COLMAR, Pa., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the third quarter ended September 30, 2023. Third Quart
COLMAR, Pa., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the third quarter ended September 30, 2023 before the opening of the Nasdaq Stock Market on October 31, 2023. About Dorman Products Dorman gives professionals, enthusiasts and owners greater freedom to fix motor vehicles. For over one hundred years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money, and increase convenience and reliability. Founded and headquartered in the United States, we are a pioneering global organization off
10-Q - Dorman Products, Inc. (0000868780) (Filer)
8-K - Dorman Products, Inc. (0000868780) (Filer)
10-Q - Dorman Products, Inc. (0000868780) (Filer)
8-K - Dorman Products, Inc. (0000868780) (Filer)
SD - Dorman Products, Inc. (0000868780) (Filer)
8-K - Dorman Products, Inc. (0000868780) (Filer)
10-Q - Dorman Products, Inc. (0000868780) (Filer)
8-K - Dorman Products, Inc. (0000868780) (Filer)
ARS - Dorman Products, Inc. (0000868780) (Filer)
DEF 14A - Dorman Products, Inc. (0000868780) (Filer)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13D/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13D/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13G/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13D/A - Dorman Products, Inc. (0000868780) (Subject)
SC 13D/A - Dorman Products, Inc. (0000868780) (Subject)
COLMAR, Pa., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. ("Dorman") (NASDAQ:DORM) today announced the addition of Tayfun Uner as President, Light Duty. In this newly-created role, Mr. Uner will be responsible for driving strategic growth and overseeing all commercial and operational aspects of Dorman's largest business segment. "We are pleased to welcome Tayfun to Dorman," said Kevin Olsen, Dorman President and Chief Executive Officer. "His broad experience and proven ability to drive growth, enhance financial performance and foster a positive culture will be key to driving the continued success of our Light Duty business. This new role completes our segment transition, with
RACINE, Wis., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ:TWIN) a global leader in power transmission technology for marine, land-based and oil & gas applications, has appointed Kevin Olsen to its Board of Directors. Mr. Olsen is currently the President and Chief Executive Officer of Dorman Products, Inc. (NASDAQ:DORM) and also serves as a member of Dorman's Board of Directors. Mr. Olsen previously served as Dorman's Chief Financial Officer from 2016 to 2018. Dorman Products, Inc. is a leading supplier of replacement parts and fasteners for passenger cars and light-, medium-, and heavy-duty vehicles in the motor vehicle aftermarket industry. Prior to Dorman, Mr. Olsen held a
COLMAR, Pa., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company") (NASDAQ:DORM) today announced that J. Darrell Thomas has been appointed as an independent director to the Company's Board of Directors, effective October 30, 2021. Mr. Thomas' appointment expands the Board to nine directors, seven of whom are independent directors. Mr. Thomas will be a member of the Company's Audit, Compensation and Corporate Governance and Nominating committees. Mr. Thomas currently serves as Vice President and Treasurer for Harley-Davidson, Inc. (NYSE:HOG), which he joined in June 2010. During his tenure at Harley-Davidson, he also has served in several other senior finance positions, i
COLMAR, Pa., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. ("Dorman") (NASDAQ:DORM) today announced the addition of Tayfun Uner as President, Light Duty. In this newly-created role, Mr. Uner will be responsible for driving strategic growth and overseeing all commercial and operational aspects of Dorman's largest business segment. "We are pleased to welcome Tayfun to Dorman," said Kevin Olsen, Dorman President and Chief Executive Officer. "His broad experience and proven ability to drive growth, enhance financial performance and foster a positive culture will be key to driving the continued success of our Light Duty business. This new role completes our segment transition, with
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $503.8 million, up 3.2% compared to $488.2 millionDiluted earnings per share ("EPS") of $1.80, up 41% compared to $1.28Adjusted diluted EPS* of $1.96, up 40% compared to $1.40Repurchased $27 million of its shares and announced a new share repurchase authorization for up to $500 millionUpdates its full-year guidance for 2024 COLMAR, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the third quarter ended September 28, 2024. Kevin Olsen, D
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
COLMAR, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of hundreds of new aftermarket components and assemblies, adding to its expansive catalog of more than 133,000 SKUs. Several of these new offerings represent aftermarket exclusives, first-to-aftermarket solutions that help keep vehicles on the road for everyday drivers while providing millions of repair opportunities for parts distributors, retailers and repair shops. Designed to offer a better repair solution than the OEM, the following Dorman® OE FIX™ products were released: An exhaust manifold repair clamp that saves time and labor on repairs to certain General
COLMAR, Pa., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM) today announced the Company will report its financial results for the third quarter ended September 28, 2024 after the closing of the Nasdaq Stock Market on October 31, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its third quarter 2024 financial results on November 1, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. When prompted, enter the conference ID number 1698878. A live audio webcast along with the accompanying presentation materials c
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
COLMAR, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of hundreds of new aftermarket automotive components and assemblies. These new offerings provide millions of repair opportunities for parts distributors, retailers and repair shops, as well as the freedom and ability to keep vehicles on the road for everyday drivers. Dorman OE FIX repair solutions help save time, money and labor. This month, the following were added to this catalog of more than 2,000 parts: An upgraded loaded magnetic strut and ready-to-install strut assembly feature a top seal design that helps prevent common strut and state inspection failure for certain GMC, C
Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $503.0 million, up 4.7% compared to $480.6 millionDiluted earnings per share ("EPS") of $1.53, up 47% compared to $1.04Adjusted diluted EPS* of $1.67, up 65% compared to $1.01Generated $63 million of cash from operating activities; repaid $15 million of debt and repurchased $25 million of its sharesRaises its full-year earnings guidance for 2024 COLMAR, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the second quarter ended June 29,
COLMAR, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. ("Dorman") (NASDAQ:DORM) today announced the addition of Alexander S. Whitelam as Vice President, Investor Relations & Risk Management. Alex joins the Company after serving most recently as Head of Investor Relations at SEI Investments Company. Prior to SEI, he held investor relations and other finance-related positions of increasing responsibility at Chesapeake Utilities, AMETEK Inc., Essential Utilities, BNY Mellon, and Wells Fargo. Alex is an IRC (Investor Relations Charter) holder and a long-time member of NIRI: The Association for Investor Relations. "We are excited to welcome Alex to Dorman," said David Hession, D