Financial Performance - Dorman reported third quarter 2025 net sales of $543.7 million, a 7.9% increase from $503.8 million in the same quarter of 2024[4] - Gross profit for the third quarter was $241.4 million, representing 44.4% of net sales, compared to $203.8 million or 40.5% of net sales in the prior year[5] - Net income for the third quarter was $76.4 million, up from $55.3 million in the same quarter last year, representing a net income margin of 14.1%[20] - Adjusted net income for the three months ended September 27, 2025, was $80,757 thousand, up 34.1% from $60,244 thousand for the same period in 2024[26] - Net sales for the nine months ended September 27, 2025, were $1,592,387 thousand, an increase from $1,475,425 thousand for the same period in 2024[28] - The company reported a gross profit (GAAP) of $668,648 thousand for the nine months ended September 27, 2025, with a margin of 42.0%, compared to $584,650 thousand and 39.6% for the same period in 2024[28] Earnings Per Share - Diluted EPS increased by 38% to $2.48, up from $1.80 in the same quarter last year; adjusted diluted EPS rose 34% to $2.62 from $1.96[7] - Diluted earnings per share (GAAP) increased to $2.48 for the three months ended September 27, 2025, compared to $1.80 for the same period in 2024, representing a 37.6% increase[26] - Adjusted diluted earnings per share (Non-GAAP) for the three months ended September 27, 2025, was $2.62, compared to $1.96 for the same period in 2024, reflecting a 33.7% increase[26] - The company reaffirmed its full year 2025 guidance for adjusted diluted earnings per share to be between $8.60 and $8.90[37] - The company reaffirmed its full-year 2025 guidance, projecting net sales growth of 7% to 9% and diluted EPS between $8.05 and $8.35, reflecting a growth of 31% to 36% compared to 2024[11] Expenses and Costs - SG&A expenses were $135.7 million, or 25.0% of net sales, compared to $124.5 million, or 24.7% of net sales in the same quarter last year[6] - SG&A expenses (GAAP) for the three months ended September 27, 2025, were $135,677 thousand, representing 25.0% of net sales, compared to $124,532 thousand and 24.7% for the same period in 2024[29] - The company incurred $5,442 thousand in pretax acquisition-related intangible asset amortization for the three months ended September 27, 2025[31] Cash Flow and Capital Expenditures - Cash provided by operating activities for the third quarter was $12.2 million, down from $44.3 million in the same quarter of 2024[23] - Capital expenditures for the third quarter were $10.4 million, compared to $8.6 million in the same quarter of 2024[23] Segment Performance - The light duty segment saw net sales of $430.3 million, a 9% increase, with a profit margin improvement of 470 basis points to 23.7%[8] Assets - The company’s total assets increased to $2.55 billion as of September 27, 2025, compared to $2.42 billion at the end of 2024[22] Share Information - The weighted average diluted shares outstanding for the three months ended September 27, 2025, was 30,782 thousand, slightly up from 30,739 thousand for the same period in 2024[26]

Core Insights - Dorman Products, Inc. reported strong financial performance in Q3 2025, with net sales growth of 7.9% year-over-year and significant increases in diluted EPS and adjusted diluted EPS of 38% and 34%, respectively [2][6][9] Financial Performance - The company achieved net sales of $543.7 million in Q3 2025, compared to $503.8 million in Q3 2024, marking a 7.9% increase [3][9] - Gross profit for the quarter was $241.4 million, representing 44.4% of net sales, up from $203.8 million or 40.5% of net sales in the same quarter last year [4][18] - Selling, general, and administrative (SG&A) expenses were $135.7 million, or 25.0% of net sales, compared to $124.5 million, or 24.7% of net sales in Q3 2024 [5][18] - Diluted EPS was reported at $2.48, a 38% increase from $1.80 in Q3 2024, while adjusted diluted EPS was $2.62, up 34% from $1.96 [6][9] Segment Performance - In the Light Duty segment, net sales increased to $430.3 million, a 9% rise from $393.6 million, with a segment profit margin improvement of 470 basis points [6] - Heavy Duty segment net sales rose to $63.0 million, a 6% increase, maintaining a segment profit margin of 4.5% [6] - Specialty Vehicle segment net sales were $50.4 million, slightly down from $50.6 million, with a profit margin decrease of 420 basis points [6] Guidance - The company reaffirmed its full-year 2025 guidance, projecting net sales growth of 7% to 9% and diluted EPS in the range of $8.05 to $8.35, reflecting a growth of 31% to 36% compared to 2024 [7][8][33]

Core Insights - Dorman Products, Inc. is set to release its quarterly earnings on October 27, 2025, with Wall Street expecting an EPS of $2.31 and revenue of $548.6 million [1][6] Previous Performance - In the previous quarter, Dorman reported an EPS of $2.06, exceeding the consensus estimate of $1.76 by $0.30, with revenue of $540.96 million surpassing expectations of $517.13 million [2][6] - The company achieved a return on equity of 19.23% and a net margin of 10.83%, indicating strong financial health [2] Financial Metrics - Dorman has a price-to-earnings (P/E) ratio of approximately 20.97 and a price-to-sales ratio of about 2.27, reflecting solid market valuation and investor confidence [3][6] - The enterprise value to sales ratio is roughly 2.51, and the enterprise value to operating cash flow ratio is around 29.88, indicating the market's valuation of its sales and cash flow generation [4] - The company maintains a debt-to-equity ratio of about 0.40, suggesting a balanced approach to leveraging debt for growth, along with a current ratio of approximately 2.74, highlighting strong liquidity [5][6]

Core Insights - Dorman Products, Inc. has launched the aftermarket's first all-new electronic power steering (EPS) rack designed for over two million Ram pickup trucks, marking a significant innovation in the automotive aftermarket sector [1][2]. Product Development - The EPS rack is the result of a multi-year effort involving a cross-functional team, showcasing Dorman's commitment to innovation and providing first-to-market repair solutions [1][2]. - The original EPS racks in many 2013-2024 Ram models often fail due to moisture and debris intrusion, leading to limited repair options that typically involve high-cost original equipment or salvage parts [2]. Quality and Performance - Dorman's EPS rack is designated as an OE FIX part, featuring design improvements that enhance performance compared to salvage, remanufactured, and original parts [3]. - The new EPS rack meets Federal Motor Vehicle Safety Standards and includes significant upgrades such as redesigned electronics for better surge protection and reduced heat interference [4]. Installation and Usability - The installation process is designed to be seamless, requiring no dealer programming, and utilizes proprietary software that mimics original equipment functionality, making it accessible for many independent repair shops [4]. Company Background - Dorman has over 100 years of experience in providing aftermarket replacement products, focusing on solutions that save time and money while increasing reliability [7][8].

Core Viewpoint - Autoliv, Inc. (ALV) has significantly outperformed its peers in the Auto-Tires-Trucks sector this year, with a year-to-date return of 25.8% compared to the sector average of 7.7% [4]. Company Performance - Autoliv, Inc. is currently ranked 11 in the Zacks Sector Rank for the Auto-Tires-Trucks group, which consists of 99 companies [2]. - The Zacks Rank for Autoliv, Inc. is 2 (Buy), indicating a positive earnings outlook, with a 3.7% increase in the consensus estimate for full-year earnings over the past quarter [3]. - The stock has shown a year-to-date performance of 25.8%, significantly higher than the average gain of 7.7% in the Auto-Tires-Trucks sector [4]. Industry Context - Autoliv, Inc. operates within the Automotive - Original Equipment industry, which includes 51 stocks and is currently ranked 68 in the Zacks Industry Rank [5]. - The Automotive - Original Equipment industry has seen a year-to-date gain of 2.1%, indicating that Autoliv, Inc. is outperforming its immediate industry peers [5]. - In contrast, Dorman Products, another stock in the Auto-Tires-Trucks sector, has returned 10.4% year-to-date and belongs to the Automotive - Replacement Parts industry, which has declined by 11.5% this year [4][6].

Core Insights - The automotive aftermarket suppliers are currently facing challenges, despite consistent consumer demand for replacement parts [1] Industry Overview - The demand for replacement parts remains strong, indicating a stable market need [1] Company Analysis - The article does not provide specific company details or performance metrics related to individual automotive aftermarket suppliers [1]

Core Viewpoint - Dorman Products, Inc. will report its financial results for the third quarter of 2025 on October 27, 2025, after the market closes [1] Financial Results Announcement - The financial results for the third quarter ended September 27, 2025, will be reported after the closing of the Nasdaq Stock Market on October 27, 2025 [1] - A conference call and webcast to discuss these results is scheduled for October 28, 2025, at 8:00 a.m. ET [2] - Access to the conference call can be made by dialing (888) 440-4182 within the U.S. or +1 (646) 960-0653 outside the U.S. with conference ID number 1698878 [2] - A live audio webcast and accompanying presentation materials will be available on the Company's website, with a replay accessible afterward [2] Company Overview - Dorman Products has been providing solutions for over 100 years, offering tens of thousands of aftermarket replacement products designed to save time and money [3] - The company is a global organization with a diverse catalog of products for cars, trucks, and specialty vehicles, covering various components from chassis to electronics [4]

Core Viewpoint - Dorman Products (DORM) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [2][4]. - Rising earnings estimates for Dorman Products indicate an improvement in the company's underlying business, likely leading to increased stock prices [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [9][10]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Dorman Products is expected to earn $8.75 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 11.8% over the past three months [8].

Core Insights - Three stocks are highlighted with strong momentum characteristics and a buy rank for investors to consider on September 22nd [1][2][3] Company Summaries - **Dorman Products, Inc. (DORM)**: - Zacks Rank: 1 - Current year earnings estimate increased by 11.5% over the last 60 days - Share price gained 29.2% over the last three months, outperforming the S&P 500's 10.6% increase - Momentum Score: A [1] - **Red River Bancshares, Inc. (RRBI)**: - Zacks Rank: 1 - Current year earnings estimate increased by 5.5% over the last 60 days - Share price gained 13.2% over the last three months, also outperforming the S&P 500's 10.6% increase - Momentum Score: B [2] - **Newmont Corporation (NEM)**: - Zacks Rank: 1 - Current year earnings estimate increased by 14.8% over the last 60 days - Share price gained 33.3% over the last three months, significantly outperforming the S&P 500's 10.6% increase - Momentum Score: A [3]

Group 1 - Newmont Corporation (NEM) has seen a 14.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Simmons First National Corporation (SFNC) has experienced a 7.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Vertiv Holdings Co (VRT) has recorded a 7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Dorman Products, Inc. (DORM) has seen an 11.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Masco Corporation (MAS) has also experienced an 11.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]