Dorman Products Q1 net sales rise 0.4% to $468.7 million; diluted EPS $1.05 vs. $0.18
Dorman Products reported first quarter 2024 results for the period ended March 30, 2024, with net sales of $468.7 million, up 0.4% from $466.7 million a year earlier. Diluted EPS rose to $1.05 from $0.18, and adjusted diluted EPS rose to $1.31 from $0.56. The company confirmed its full-year 2024 guidance, including diluted EPS of $4.71 to $5.01 and adjusted diluted EPS of $5.40 to $5.70.
Key points
- Net sales were $468.7 million, up 0.4% from $466.7 million; Light Duty sales rose 3% while Heavy Duty fell 15%
- Diluted EPS was $1.05 versus $0.18; adjusted diluted EPS was $1.31 versus $0.56
- Operating cash flow was $52 million; the company repaid $15 million of debt and repurchased $27 million of shares
- Full-year 2024 guidance was confirmed, with net sales growth of 3% to 5% and adjusted diluted EPS of $5.40 to $5.70
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.