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Dorman(DORM) - 2025 Q3 - Earnings Call Presentation
2025-10-28 12:00
Q3 2025 Performance - Net sales increased by 7.9% to $544 million compared to Q3 2024[5] - Adjusted operating margin improved by 340bps to 20.5% compared to Q3 2024[5] - Adjusted diluted EPS increased by 34% to $2.62 compared to Q3 2024[5] - Light Duty segment net sales increased by 9% with operating margin increasing by 470bps[11] - Heavy Duty segment net sales increased by 6% with flat operating margin[18] - Specialty Vehicle segment net sales remained flat with decreased operating margin[25] Financial Position - Operating cash flow was $12 million, impacted by higher cost inventory due to tariffs[5] - Net debt is $401 million with a total net leverage ratio of 0.92x[42] - Total liquidity is $654 million[42] Guidance - The company reaffirmed its 2025 guidance, projecting net sales change of 7%-9%[43, 44] - Diluted EPS is projected to be $8.05-$8.35, a 31%-36% increase[44] - Adjusted diluted EPS is projected to be $8.60-$8.90, a 21%-25% increase[44]