Dorman Products, Inc. (NASDAQ:DORM) Q2 2024 Earnings Conference Call August 2, 2024 8:00 AM ET Company Participants Alex Whitelam - VP, IR and Risk Management David Hession - CFO Kevin Olsen - CEO Conference Call Participants Scott Stember - ROTH MKM Bret Jordan - Jefferies Operator Good morning, and thank you for standing by. Welcome to the Dorman Products Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the fo ...

DORMAN PRODUCTS, INC. Q2 2024 EARNINGS PRESENTATION AUGUST 2, 2024 Forward-Looking Statements & Non-GAAP Financial Measures Forward-Looking Statements This presentationcontains "forward-looking statements" wthin the meaning of the Private Securities Litigation Reform Act of 1995. All statements of historical facts, may b forward-looking statements. Words such as "may." "will, " should," "ikely," "probably," "anticipates," "expects," "intends," "plans, ""projects," "believes," "views," "sest expressions are ...

Dorman Products (DORM) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 40.34%. A quarter ago, it was expected that this distributor of parts to automotive retailers would post earnings of $0.82 per share when it actually produced earnings of $1.31, delivering a surprise of 59.76%. Ov ...

Exhibit 99.1 Dorman Products, Inc. Reports Second Quarter 2024 Results; Raises Full Year 2024 Earnings Guidance Highlights (All comparisons are to the prior year period unless otherwise noted): • Net sales of $503.0 million, up 4.7% compared to $480.6 million • Diluted earnings per share ("EPS") of $1.53, up 47% compared to $1.04 • Adjusted diluted EPS* of $1.67, up 65% compared to $1.01 • Generated $63 million of cash from operating activities; repaid $15 million of debt and repurchased $25 million of its ...

COLMAR, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. ("Dorman") (NASDAQ:DORM) today announced the addition of Alexander S. Whitelam as Vice President, Investor Relations & Risk Management. Alex joins the Company after serving most recently as Head of Investor Relations at SEI Investments Company. Prior to SEI, he held investor relations and other finance-related positions of increasing responsibility at Chesapeake Utilities, AMETEK Inc., Essential Utilities, BNY Mellon, and Wells Fargo. Alex ...

About Dorman Products Founded and headquartered in the United States, we are a pioneering global organization offering an alwaysevolving catalog of products, covering cars, trucks and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics. Forward-Looking Statements Investor Relations Contact COLMAR, Pa., July 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ: DORM) today announced the Company will report its f ...

Adding to an expansive catalog of more than 122,000 SKUs, the July 2024 new product releases represent millions of new sales opportunities for automotive and heavy-duty parts distributors, retailers and repair shops, reinforcing Dorman's position as a premier go-to source for technicians and dedicated DIYers. These innovative products include: Additional first-to-aftermarket highlights include: These are just a few of Dorman's recent new product releases, which include replacement components and assemblies ...

Noteworthy among the hundreds of releases are two Dorman® OE FIX™ repair solutions, adding to this flagship line of parts designed to save time, money and labor. More than 2,000 OE FIX products offer a level of performance and convenience that customers may not be able to obtain from a dealership. These innovative products include: Additional first-to-aftermarket highlights include: These are just a few of Dorman's recent new product releases, which include replacement components and assemblies for passenge ...

The increasing age of vehicles is a boon for the Zacks Automotive Replacement Parts industry. However, the overall outlook of the industry remains subdued due to high raw material costs, unfavorable currency exchanges and logistical challenges that impact profit margins. Additionally, the shift toward electric and self-driving vehicles necessitates realignment of business models. To thrive, companies must develop comprehensive strategies to capitalize on evolving market trends while managing high operationa ...

Marketing: Steve Gisondi, Vice President of Marketing sgisondi@dormanproducts.com Investor Relations: David Hession, Senior Vice President, Chief Financial Officer dhession@dormanproducts.com About Dorman Products Dorman gives repair professionals, enthusiasts, and owners greater freedom to fix motor vehicles. For over one hundred years, we have been driving new repair solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money, and increase convenience and r ...