Dorman Products Q2 EPS rises 47% to $1.53 and full-year 2024 EPS guidance is raised
Dorman Products reported second-quarter 2024 net sales of $503.0 million, up 4.7%, and diluted EPS of $1.53, up 47% from a year earlier. The company raised its full-year 2024 diluted EPS guidance to $5.32 to $5.52, from $4.71 to $5.01, which gives shareholders a higher profit outlook. Heavy Duty and Specialty Vehicle sales declined in the quarter.
Key points
- Net sales were $503.0 million, up 4.7% from $480.6 million; Light Duty rose 9%, while Heavy Duty fell 11% and Specialty Vehicle fell 2%.
- Diluted EPS was $1.53 versus $1.04; adjusted diluted EPS was $1.67 versus $1.01.
- 2024 diluted EPS guidance was raised to $5.32 to $5.52 from $4.71 to $5.01; adjusted diluted EPS guidance is $6.00 to $6.20.
- The company repurchased $25 million of its shares and will hold a conference call on August 2, 2024 at 8:00 a.m. Eastern.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing 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 August 01, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.