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The Zacks Automotive Replacement Parts industry's rank places it in the bottom 18% of around 250 Zacks industries. However, industry participants like GPC and DORM are worth considering due to their strong fundamentals.
COLMAR, Pa., June 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is proud to announce the grand opening of a new drive shaft manufacturing facility in Virginia Beach, VA (USA). A ribbon cutting ceremony to celebrate the launch of the expansive factory at 464 Progress Lane is scheduled for Wednesday, June 12th. The facility joins existing Dorman sites in Reno, NV and Portland, TN that also design, manufacture and distribute the company's 3,600+ precision steel and aluminum driveshafts and related driveline components in North America.
The increasing average age of vehicles in the United States is likely to drive demand for aftermarket and auto replacement parts companies such as DORM, RUSHA, and GPC.
The increasing average age of vehicles in the United States is likely to drive demand for aftermarket and auto replacement parts companies such as DORM, RUSHA and GPC.
Here is how Dorman Products (DORM) and Geely Automobile Holdings Ltd. (GELYY) have performed compared to their sector so far this year.
Dorman Products, Inc. (NASDAQ:DORM ) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants David Hession - CFO Kevin Olsen - CEO Conference Call Participants Scott Stember - MKM Partners Bret Jordan - Jefferies Operator Good morning and thank you for standing by. Welcome to the Dorman Products First Quarter 2024 Earnings Conference Call.
Here is how Dorman Products (DORM) and Genuine Parts (GPC) have performed compared to their sector so far this year.
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.
While the Zacks Automotive Replacement industry is currently battling multiple challenges, stocks like DORM and LKQ remain attractive due to their strong fundamentals.
Here is how Dorman Products (DORM) and Michelin (MGDDY) have performed compared to their sector so far this year.