Overview

* Motorcar fiscal Q1 sales rise 10.9%, beating analyst expectations

* EPS for fiscal Q1 misses analyst estimates

* Co repurchased 197,796 shares, reducing net bank debt by $7 mln

Outlook

* Company raises fiscal 2026 sales guidance to $800 mln-$820 mln

* Motorcar Parts reaffirms operating income guidance at $86 mln-$91 mln

* Company expects 5.6%-8.3% sales growth year-over-year

* Motorcar Parts sees 4.3%-10.4% operating income growth year-over-year

Result Drivers

* INDUSTRY DYNAMICS - Increasing number of vehicles on the road and aging car parc driving automotive aftermarket, per CEO Selwyn Joffe

* SUPPLY CHAIN EFFICIENCIES - Co focused on enhancing supply chain and operating efficiencies to capitalize on market position

* TARIFF MITIGATION - Efforts to reduce reliance on Chinese suppliers and offset tariff costs contributing to operational strategy

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Beat $188.40 $172 mln

mln (1

Analyst)

Q1 EPS Miss $0.15 $0.18 (1

Analyst)

Q1 Net $33.90

Income mln

Q1 Gross $33.90

Profit mln

Analyst Coverage

* The one available analyst rating on the shares is "buy"

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

* Wall Street's median 12-month price target for Motorcar Parts of America Inc ( MPAA ) is $16.00, about 29.5% above its August 8 closing price of $11.28

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 6 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.)