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Dorman Products (DORM) came out with quarterly earnings of $1.01 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.29 per share a year ago.
COLMAR, Pa., July 18, 2023 (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 July 1, 2023 before the opening of the Nasdaq Stock Market on August 1, 2023.
Dorman Products is a leading provider of replacement and upgrade parts in the motor vehicle aftermarket industry, with a history of increasing revenue and net income. However, the company's recent acquisitions have significantly increased its debt load, reducing its free cash flow and leaving it with little room. While DORM's past performance is great, the current share price does not provide a sufficient margin of safety, given its higher debt, tighter margins, and higher inflation.
COLMAR, Pa., April 18, 2023 (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 April 1, 2023 before the opening of the Nasdaq Stock Market on May 2, 2023.
Dorman Products is an American company dedicated to the manufacture and marketing of various parts for automobiles. I assumed that Dorman would successfully sign new agreements with retail distributors, and improve the online sales channel through its website as well as the distributors.
Dorman Products (DORM) delivered earnings and revenue surprises of 0% and 15.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
COLMAR, Pa., Feb. 07, 2023 (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 fiscal year ended December 31, 2022 before the opening of the Nasdaq Stock Market on February 28, 2023.
Net sales are expected to increase by 83% in 2022 compared to 2019 and are expected to keep growing in 2023. Both gross profit and EBITDA margins are dropping as a consequence of inflationary pressures and supply chain issues.
Dorman Products (DORM) delivered earnings and revenue surprises of -3.31% and 4.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
COLMAR, Pa., Oct. 10, 2022 (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 24, 2022 before the opening of the Nasdaq Stock Market on October 24, 2022.