Overview

* Dorman Q2 net sales rise 7.6%, beating analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats consensus, driven by cost savings initiatives

* Co raises full-year 2025 guidance, expecting 7%-9% sales growth

Outlook

* Dorman raises 2025 net sales growth guidance to 7%-9%

* Company expects 2025 diluted EPS between $8.05 and $8.35

* Dorman projects 2025 adjusted diluted EPS of $8.60-$8.90

Result Drivers

* LIGHT DUTY DEMAND - Strong demand in Light Duty business drove 7.6% net sales growth, per CEO Kevin Olsen

* COST SAVINGS - Supply chain diversification and automation initiatives contributed to 25% increase in diluted EPS

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales Beat $541 mln $515.30

mln (3

Analysts

)

Q2 Beat $2.06 $1.81 (3

Adjusted Analysts

EPS )

Q2 EPS $1.91

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

* Wall Street's median 12-month price target for Dorman Products Inc ( DORM ) is $150.00, about 20.6% above its August 1 closing price of $119.13

* The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)