Dorman Products: Light Duty Segment Leads Sales Growth

Denis_prof Synopsis Dorman Products (NASDAQ:DORM) is a leading provider of upgrade and replacement parts in the automotive aftermarket industry. In 2Q24, DORM reported robust results, with net sales increasing by 4.7% year-over-year. This growth was mainly driven by its light duty segment, which increased by 9% year-over-year, partially offset by weaknesses in the specialty vehicle and heavy duty segments. For context, the light duty segment forms the largest share of DORM's total 2Q24 sales, accounting for ...