COLMAR, Pa., June 05, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (“Dorman” or the “Company”) (NASDAQ:DORM) announced today that David M. Hession, Senior Vice President and Chief Financial Officer, has informed Dorman of his plans to retire later this year. The Company has initiated a comprehensive search process with the assistance of a leading executive search firm to identify Mr. Hession’s successor. Mr. Hession will remain in his position until a successor is in place and will serve in an advisory ro ...

The outlook for the Zacks Automotive - Replacement Parts industry remains strong. The aging vehicle fleet in the United States — now averaging 12.6 years — is keeping repair volumes high. While tariff-driven volatility may temper new vehicle sales, it is encouraging owners to repair rather than replace, further boosting demand for parts and services. Meanwhile, the shift toward smart vehicles is opening new growth avenues, even as it requires adaptation to tech-heavy systems. Cost discipline remains importa ...

The U.S. stock market showed mixed signals on May 29, with investors reacting to a combination of events. While NVIDIA’s strong quarterly results and a favorable ruling from the U.S. International Trade court against Trump-imposed tariffs supported gains on the Nasdaq and S&P 500, the Dow Jones slipped, weighed down by investor concerns over the broader economic outlook amid escalating geopolitical uncertainties.Given such volatile market sentiment, prudent investors are expected to choose safe bet stocks l ...

COLMAR, Pa., May 29, 2025 (GLOBE NEWSWIRE) -- The Light Duty business segment of Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of hundreds of new automotive repair solutions this month, many of which are first-to-the-aftermarket products. These products join a growing Dorman catalog of over 138,000 SKUs. They offer approximately 12+ million new sales opportunities for aftermarket parts distributors, retailers and repair shops, and more accessible solutions for vehicle owners. May’s highlight ...

Core Viewpoint - Dorman Products (DORM) has experienced a bearish trend recently, losing 5.3% over the past week, but the formation of a hammer chart pattern suggests a potential trend reversal as buying interest may be increasing [1][2]. Technical Analysis - The hammer chart pattern indicates a potential bottom in a downtrend, where the stock opens lower, makes a new low, but then finds support and closes near its opening price, suggesting that bears may be losing control [4][5]. - Hammer candles can appear on various timeframes and are utilized by both short-term and long-term investors, indicating their versatility as a technical indicator [5]. Fundamental Analysis - There is rising optimism among Wall Street analysts regarding DORM's future earnings, with a 1.6% increase in the consensus EPS estimate over the last 30 days, indicating a consensus on improved earnings potential [2][8]. - DORM currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperform the market, suggesting strong fundamental prospects for a turnaround [9]. Earnings Estimate Revisions - An upward trend in earnings estimate revisions is a bullish indicator for DORM, as empirical research shows a strong correlation between these revisions and near-term stock price movements [7].

Core Viewpoint - Dorman Products, Inc. has appointed Kathleen Pacheco as President of the Specialty Vehicle business segment, succeeding Lindsay Hunt, who will remain in an advisory role to support the transition and growth of the business [1][2]. Group 1: Leadership Transition - Kathleen Pacheco has been appointed as President of the Specialty Vehicle business segment, replacing Lindsay Hunt [1]. - Lindsay Hunt previously served as the Chief Executive Officer of SuperATV and played a crucial role in the integration of the business following its acquisition by Dorman in 2022 [1][2]. - Kevin Olsen, Dorman's President and CEO, expressed confidence in Pacheco's ability to drive growth and financial performance in her new role [2]. Group 2: Background of New President - Prior to her new role, Kathleen Pacheco served as Chief Operating Officer of the Specialty Vehicle segment and has held senior leadership positions at Tenneco and Johnson Controls [2]. - Pacheco holds a Master of Science in Engineering Management from Marquette University and a bachelor's degree in mechanical engineering from Kettering University [2]. Group 3: Statements from Leadership - Lindsay Hunt praised Pacheco as an exceptional leader with a deep understanding of the business and its strategic objectives, highlighting her contributions to innovation and supply chain transformation [3]. - Kathleen Pacheco expressed her commitment to building on the SuperATV legacy and looks forward to leveraging Hunt's experience in her new role [3].

The major U.S. stock indices ended May 13 on a higher note, buoyed by easing trade tensions between the United States and China. Softer-than-expected inflation data released yesterday also helped boost investors’ optimism after the two nations agreed to a 90-day tariff pause earlier this week.  Such positive market sentiment might pave the way for investors to rush into trading on Wall Street. However, considering that the tariff pause is only for 90 days and the global market dynamics change daily, the U.S ...

Dorman Products (DORM) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Alexander Whitelam - Vice President - IRKevin Olsen - President, CEO & DirectorDavid Hession - Senior VP, CFO & TreasurerBret Jordan - Managing DirectorGary Prestopino - Managing DirectorJustin Ages - Director - Equity Research Conference Call Participants Scott Stember - Executive Director & Senior Research Analyst Operator Good morning, and thank you for standing by. Welcome to the Doorman Products First Quarter twe ...

Dorman Products (DORM) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Alexander Whitelam - Vice President - IRKevin Olsen - President, CEO & DirectorDavid Hession - Senior VP, CFO & TreasurerBret Jordan - Managing DirectorGary Prestopino - Managing DirectorJustin Ages - Director - Equity Research Conference Call Participants Scott Stember - Executive Director & Senior Research Analyst Operator Good morning, and thank you for standing by. Welcome to the Doorman Products First Quarter twe ...

Dorman Products (DORM) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Good morning, and thank you for standing by. Welcome to the Doorman Products First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note that this conference is being recorded. I'd now like to turn the conference over to Alex Whitelam, Vice President of Investor Relations. Thank you, sir. Please ...