Earnings summaries and quarterly performance for Dorman Products.
Executive leadership at Dorman Products.
Kevin Olsen
Detailed
President and Chief Executive Officer
CEO
DH
David Hession
Detailed
Senior Vice President, Chief Financial Officer and Treasurer
GB
Gregory Bowen
Detailed
Vice President, Chief Accounting Officer (Principal Accounting Officer)
JD
Jeffrey Darby
Detailed
Senior Vice President, Sales & Marketing
JB
Joseph Braun
Detailed
Senior Vice President, General Counsel and Secretary
SL
Scott Leff
Detailed
Senior Vice President, Chief Human Resources Officer
Board of directors at Dorman Products.
Research analysts who have asked questions during Dorman Products earnings calls.
BJ
Bret Jordan
Jefferies
8 questions for DORM
Also covers: AAP, ABG, AN +19 more
Scott Stember
ROTH MKM
7 questions for DORM
Also covers: AZO, BC, CWH +9 more
GP
Gary Prestopino
Barrington Research
6 questions for DORM
Also covers: ACVA, AIOT, CARS +19 more
Justin Ages
CJS Securities
5 questions for DORM
Also covers: CR, CVCO, DBD +4 more
DL
David Lance Hays
Wells Fargo
2 questions for DORM
Also covers: VVV
DL
David Lentz
Wells Fargo
2 questions for DORM
JL
Jeff Lee
Stephens Inc
2 questions for DORM
Jeff Lick
Stephens Inc.
2 questions for DORM
Also covers: ABG, ACVA, AN +12 more
TT
Tristan Thomas Martin
BMO Capital Markets
2 questions for DORM
Also covers: BC, CWH, DOOO +3 more
TT
Tristan Thomas-Martin
BMO Capital Markets
2 questions for DORM
Also covers: BC, CWH, DOOO +7 more
PL
Peter Lukas
CJS Securities
1 question for DORM
Also covers: ACVA, BWXT, CENT +5 more
Recent press releases and 8-K filings for DORM.
Dorman Products Reports Q4 and Full-Year 2025 Results, Issues 2026 Guidance
DORM
Earnings
Guidance Update
CFO Change
- Dorman Products reported Q4 2025 net sales of $538 million, an increase of approximately 1% year-over-year, and full-year 2025 net sales of $2.13 billion, up 6% year-over-year.
- Adjusted diluted EPS was $2.17 for Q4 2025, a 1% decrease year-over-year, and $8.87 for full-year 2025, representing a 24% increase compared to the prior year.
- For 2026, the company forecasts net sales growth of 7%-9%, adjusted diluted EPS between $8.10 and $8.50, and an operating margin of 15%-16%.
- Q4 2025 shipment volume was impacted by a larger customer adjusting ordering patterns to reduce inventory, with stabilization anticipated by Q2 2026.
- Charles Rayfield is set to become the new Chief Financial Officer, succeeding David Hession, following the upcoming filing of the 2025 10-K.
1 day ago
Dorman Products Announces Q4 2025 Results and 2026 Guidance
DORM
Earnings
Guidance Update
CFO Change
- Dorman Products reported Q4 2025 consolidated net sales of $538 million and adjusted diluted earnings per share of $2.17.
- For the full year 2025, net sales reached $2.13 billion, up 6% year-over-year, driven by strong demand in the light-duty segment and successful tariff-related pricing initiatives. The company also achieved meaningful margin expansion and earnings growth.
- The company provided 2026 guidance, projecting total net sales growth in the range of 7%-9%, a full-year operating margin of 15%-16%, and adjusted diluted earnings per share between $8.10 and $8.50.
- Dorman expects a more normalized free cash flow year in 2026, similar to the $200 million generated in 2024, compared to $76 million in 2025 which was impacted by tariffs.
- Charles Rayfield will officially step into the role of Chief Financial Officer following the upcoming filing of the 2025 10-K, succeeding David Hession who is retiring.
1 day ago
Dorman Products Announces Q4 and Full-Year 2025 Results and 2026 Guidance
DORM
Earnings
Guidance Update
Share Buyback
- Dorman Products reported strong full-year 2025 results, with Net Sales of $2.13 billion, a 190bps expansion in Adjusted Gross Margin, a 170bps expansion in Adjusted Operating Margin, and 24% growth in Adjusted Diluted EPS to $8.87.
- For Q4 2025, the company achieved Net Sales of $538 million, an Adjusted Operating Margin of 17.4%, and Adjusted Diluted EPS of $2.17.
- The company issued 2026 guidance, projecting Net Sales growth of 7% to 9% and Adjusted Diluted EPS in the range of $8.10 to $8.50.
- In FY 2025, Dorman Products generated $114 million in cash from operating activities, repaid $42 million in debt, and repurchased $41 million in shares, ending the year with a leverage ratio of 0.89x and total liquidity of $648 million.
- Strategic priorities achieved in 2025 included launching new product solutions, advancing productivity and automation initiatives, diversifying and optimizing the supply chain, and expanding channel reach.
1 day ago
Dorman Products Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 Guidance
DORM
Earnings
Guidance Update
CFO Change
- Dorman Products reported Q4 2025 net sales of $538 million and full-year 2025 net sales of $2.13 billion, marking a 6% year-over-year increase. Adjusted diluted EPS for Q4 2025 was $2.17, contributing to a full-year adjusted diluted EPS of $8.87, up 24% from the prior year.
- The company issued 2026 guidance, projecting total net sales growth of 7%-9% and adjusted diluted EPS in the range of $8.10-$8.50. Operating and free cash flow are expected to improve throughout 2026, with free cash flow anticipated to return to more normal levels, similar to $200 million in 2024.
- Key strategic achievements in 2025 included record sales from new products, successfully reducing supply from China to below 40% (with a target of 30% for 2026), and returning $25 million to shareholders through share repurchases in Q4.
- Dorman Products announced a change in its executive team, welcoming Charles Rayfield as the new CFO, while David Hession is retiring.
1 day ago
Dorman Products, Inc. Reports Q4 and Full Year 2025 Results and Issues 2026 Guidance
DORM
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Dorman Products, Inc. reported net sales of $537.9 million for Q4 2025, an increase of 0.8% compared to the prior year, and full year 2025 net sales of $2.13 billion, up 6.0%.
- For Q4 2025, diluted EPS was $0.38, a 79% decrease, reflecting a $51.1 million non-cash goodwill impairment charge related to the Heavy Duty segment, while adjusted diluted EPS was $2.17, down 1%.
- Full year 2025 diluted EPS was $6.64, up 8%, and adjusted diluted EPS was $8.87, up 24%, inclusive of the goodwill impairment charge.
- The company issued 2026 guidance, projecting net sales to increase 7% to 9% year-over-year, diluted EPS in the range of $7.57 to $7.97, and adjusted diluted EPS in the range of $8.10 to $8.50.
2 days ago
Dorman Announces Key Leadership Changes
DORM
CFO Change
Management Change
Hiring
- Dorman Products announced several key leadership changes designed to accelerate its growth strategy.
- Charles W. Rayfield has been appointed Senior Vice President, Chief Financial Officer Designate and Treasurer, succeeding the retiring David M. Hession.
- Nathan J. Porter joined as Senior Vice President, Chief Operations Officer.
- Eric B. Luftig was promoted to President, Light Duty, and Steven A. Bashir joined as President, Heavy Duty, succeeding the retiring John R. McKnight.
Jan 19, 2026, 2:00 PM
Dorman Products Discusses Strong Financials, Innovation, and Growth Strategy at Automotive Symposium
DORM
Earnings
Product Launch
M&A
- Dorman Products reported an 8% sales increase and a 34% increase in adjusted diluted EPS in the third quarter, reaffirming its guidance. The company achieved a 15% CAGR top-line growth from 2019 to 2024 and maintains a strong financial profile with less than one times EBITDA leverage.
- The company's innovation engine is a key differentiator, launching 5,000-6,000 new SKUs annually, many of which are "new to the aftermarket". Dorman also uniquely develops its own copyrighted software for electromechanical parts, positioning it for increasingly complex, software-enabled vehicles.
- Dorman operates across Light Duty Passenger Vehicle, Heavy Duty, and Specialty Vehicle segments, having expanded into the latter two through acquisitions of Dayton Parts (2021) and Super ATV (2022). The company targets long-term operating margins of high-teens for Light Duty and Specialty Vehicle and mid-teens for Heavy Duty.
- The company has diversified its global supply chain, reducing reliance on China and Taiwan to below 30% (from 80% in 2018-2019), with approximately 30% of sourcing now in the U.S.. This, combined with productivity initiatives, has contributed to achieving over a 40% gross margin percentage.
Nov 4, 2025, 7:00 PM
Dorman Products Highlights Strong Financials, Innovation, and Strategic Growth at Automotive Symposium
DORM
Guidance Update
M&A
New Projects/Investments
- Dorman Products, with a $4 billion market cap and $400 million net debt, reported an 8% sales increase and a 34% increase in adjusted diluted EPS in its most recent quarter, reaffirming guidance and demonstrating a strong financial profile.
- The company differentiates itself through its innovation engine, launching 5,000-6,000 new SKUs annually and leveraging unique capabilities in complex electronics, including proprietary software development, which has contributed to a gross margin percentage over 40%.
- Strategic expansion into heavy-duty and specialty vehicle segments through acquisitions (Dayton Parts in 2021 and Super ATV in 2022) has diversified its market presence beyond light-duty passenger vehicles.
- Dorman has significantly diversified its global supply chain, reducing reliance on China and Taiwan from approximately 80% in 2018-2019 to below 30% today, with about 30% of sourcing now in the U.S..
- The company is positioned for future growth in the evolving automotive aftermarket, including electric vehicles (with 400-500 parts for pure plug-in EVs) and hybrids, leveraging its engineering capabilities.
Nov 4, 2025, 7:00 PM
Dorman Products Reports Strong Q3 2025 Results and Reaffirms Full-Year Guidance
DORM
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Dorman Products reported Q3 2025 consolidated net sales of $544 million, an increase of 7.9% year over year, primarily driven by tariff-related pricing actions.
- Adjusted diluted EPS grew 34% year over year to $2.62, with the adjusted operating margin expanding 340 basis points to 20.5%.
- The company reaffirmed its full-year 2025 guidance, projecting net sales growth of 7% to 9% and adjusted diluted EPS between $8.60 and $8.90.
- Management expects a lower gross margin in Q4 2025 compared to Q3, as higher tariff-related costs are anticipated to impact cost of goods sold.
- Dorman maintains a strong balance sheet with net debt of $401 million and a net leverage ratio of 0.92 times adjusted EBITDA at the end of Q3 2025.
Oct 28, 2025, 12:00 PM
Dorman Products Reports Strong Q3 2025 Results and Reaffirms Full-Year Guidance
DORM
Earnings
Guidance Update
Product Launch
- Dorman Products reported Q3 2025 consolidated net sales of $544 million, up 7.9% year-over-year, primarily driven by tariff-related pricing actions.
- The company achieved an adjusted operating margin of 20.5% and adjusted diluted EPS of $2.62, a 34% increase year-over-year.
- For the full year 2025, Dorman Products reaffirmed net sales growth guidance of 7%-9% over 2024 and adjusted diluted EPS guidance of $8.60-$8.90.
- Management expects a lower gross margin in Q4 2025 compared to Q3 due to the timing dynamics of tariffs impacting cost of goods sold.
- The company's balance sheet remains strong with net debt of $401 million and a net leverage ratio of 0.92x adjusted EBITDA at the end of Q3 2025, with total liquidity at $654 million.
Oct 28, 2025, 12:00 PM
Quarterly earnings call transcripts for Dorman Products.
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