Dorman Products, Inc. Reports Fourth Quarter and Full Year 2023 Results; Issues 2024 Guidance

Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of $494.3 million for the quarter, down 1% reflecting the impact of an extra week in the prior year period, up 3% excluding this impactRecord diluted earnings per share ("EPS") of$ 1.60 for the quarter, up 182% compared to $0.57 Record adjusted diluted EPS* of$ 1.57 for the quarter, up 55% compared to $1.01Generated$ 60 million of cash from operating activities; repaid $30 million of debt and repurchased$ 15 million ...