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 ...

DORMAN PRODUCTS, INC. Q1 2025 EARNINGS PRESENTATION MAY 6, 2025 TDORMANIA Forward-Looking Statements & Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Words such as "may," "will," "should," "likely," "probably," "anticipates," "expects," "intends," "plans," "projects," "believes ...

Company Performance - Dorman Products reported quarterly earnings of $2.02 per share, exceeding the Zacks Consensus Estimate of $1.48 per share, and up from $1.31 per share a year ago, representing an earnings surprise of 36.49% [1] - The company achieved revenues of $507.69 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.86%, compared to $468.7 million in the same quarter last year [2] - Over the last four quarters, Dorman Products has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Dorman Products shares have declined approximately 11% since the beginning of the year, while the S&P 500 has decreased by 3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $1.84 on revenues of $526.41 million, and for the current fiscal year, it is $7.70 on revenues of $2.1 billion [7] Industry Outlook - The Automotive - Replacement Parts industry, to which Dorman Products belongs, is currently ranked in the top 39% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Dorman Products' stock performance [5]

Exhibit 99.1 COLMAR, PA (May 5, 2025) – Dorman Products, Inc. (the "Company" or "Dorman") (NASDAQ: DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the first quarter ended March 29, 2025. Kevin Olsen, Dorman's President and Chief Executive Officer, stated, "We started the year with outstanding performance, including solid top- and bottom-line growth in the first quarter. Total net sales increased 8.3%, driven by strong customer demand in our Ligh ...

Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $507.7 million for the quarter, up 8.3% compared to $468.7 millionDiluted earnings per share (“EPS”) of $1.87, up 78% compared to $1.05Adjusted diluted EPS* of $2.02, up 54% compared to $1.31Generated $51 million of cash from operating activities; repaid $20 million of debt and repurchased $12 million of its sharesReaffirms its full-year guidance for 2025, excluding tariffs COLMAR, Pa., May 05, 2025 (GLOBE NEWSWIR ...

Core Points - Dorman Products, Inc. will report its financial results for the first quarter ended March 29, 2025, after the closing of the Nasdaq Stock Market on May 5, 2025 [1] - A conference call and webcast to discuss the financial results is scheduled for May 6, 2025, at 8 a.m. ET, accessible via specific dialing instructions [2] - Dorman has been providing aftermarket replacement products for over 100 years, focusing on solutions that save time and money for vehicle repairs [3][4] Company Overview - Dorman Products is a pioneering global organization headquartered in the United States, offering a diverse catalog of products for cars, trucks, and specialty vehicles [4] - The company specializes in a wide range of automotive components, from chassis to body and from underhood to undercarriage, including hardware and complex electronics [4]

Company Overview - Dorman Products (NASDAQ: DORM) is a supplier of replacement and upgrade parts in the motor vehicle aftermarket industry [1] Investment Insights - The company has a strong track record and is recognized for its potential in generating cash flow, leading to value and growth prospects [1]

Core Insights - Dorman Products, Inc. is launching 164 new automotive repair solutions for its Light Duty segment, with nearly half being aftermarket exclusives, expanding its catalog to over 133,000 SKUs [1] - The new releases include a dozen Dorman® OE FIX™ innovations aimed at enhancing performance and repair convenience compared to dealership parts [2] - The company emphasizes its commitment to innovation and providing quality solutions for vehicle owners and repair professionals [4] Product Highlights - An upgraded camshaft bridge cover for select Volkswagen and Audi vehicles is designed to mitigate pressure pulsations that can damage internal components [3] - A new OE FIX oil feed line made of braided stainless steel is introduced for certain Ford Escape and Ford Fusion models, offering improved durability over the original nylon sheathing [4] - Additional products include an OE FIX radiator outlet hose for Dodge Durango and Jeep Grand Cherokee, a main battery fuse for Cadillac and Chevrolet vehicles, and an aftermarket-exclusive transmission oil cooler for Dodge Durango SUVs [8] Company Overview - Dorman has been providing innovative automotive solutions for over 100 years, focusing on aftermarket replacement products that save time and money [7] - The company operates globally, offering a diverse catalog of products for various vehicle types, from chassis to electronics [9]

The Zacks Automotive Replacement Parts industry is benefiting from an aging vehicle fleet as consumers prioritize repairs to keep older cars on the road. The growing complexity of modern, technology-driven vehicles is also driving demand for advanced replacement parts. Additionally, President Trump’s tariffs are expected to elevate the prices of new cars, making repairs a more cost-effective choice. The industry’s valuation remains attractive compared to the broader sector and the S&P 500. Leading players l ...