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COLMAR, Pa., March 13, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of 164 new automotive repair solutions this month for its Light Duty segment. Almost half of the new components and assemblies are aftermarket exclusives.
With the Zacks Auto Replacement Parts industry being ranked favorably, stocks like LKQ, DORM and SMP are worth considering.
Here is how Dorman Products (DORM) and Strattec Security (STRT) have performed compared to their sector so far this year.
Dorman Products, Inc. (NASDAQ:DORM ) Q4 2024 Earnings Conference Call February 27, 2025 8:00 AM ET Company Participants Alex Whitelam - Vice President, Investor Relations Kevin Olsen - Chief Executive Officer David Hession - Chief Financial Officer Conference Call Participants Scott Stember - ROTH MKM Gary Prestopino - Barrington Research Justin Ages - SJS Securities Bret Jordan - Jefferies Operator Good morning, and thank you for standing by. Welcome to the Dorman Products Fourth Quarter 2024 Earnings Conference Call.
Dorman Products (DORM) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $1.57 per share a year ago.
Highlights (All comparisons are to the prior year period unless otherwise noted) :
COLMAR, Pa., Feb. 05, 2025 (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, 2024 after the closing of the Nasdaq Stock Market on February 26, 2025.
With the Zacks Automotive- Replacement Parts industry currently placed in the top 26% of around 250 Zacks industries, stocks like DORM and SMP are worth considering.
Dorman Products (DORM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Dorman Products has seen significant revenue and profitability growth, with net income more than doubling year over year. The company has increased its earnings guidance for the year, projecting adjusted earnings per share between $6 and $6.20. Despite uncertainty about future performance, Dorman Products remains a favorable investment option with a history of creating shareholder value.