Dorman Products, Inc. Reports Third Quarter 2026 Results; Updates 2026 Guidance

Nine-month operating cash flow rose to $260.947 million from $71.990 million, while net income declined.

Rhea-AI Summary

Dorman Products (NASDAQ: DORM) reported third-quarter sales of $561.7 million, with higher revenue across all segments but lower earnings. Sales rose 3.3% year over year in the quarter ended September 26, 2026. Diluted earnings per share fell 20% to $1.98; adjusted diluted earnings per share fell 21% to $2.08. Gross margin declined to 39.4% from 44.4%. Dorman attributed the earnings comparison to tariff-related pricing timing that benefited the prior-year quarter.

Operating cash flow reached $64.6 million, and quarterly share repurchases totaled $15 million. Dorman now expects 2026 sales growth of 2%–3%, down from 3%–5%. Its diluted earnings outlook narrowed to $7.95–$8.15 from $7.93–$8.23, while adjusted diluted earnings guidance moved to $8.50–$8.70 from $8.50–$8.80. The outlook includes tariffs enacted through October 26, 2026, but excludes subsequent tariff changes.

14 points · 0 major

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1 major · 16 points

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Positive

• Moderate pointThird-quarter net sales increased 3.3% to $561.7 million from $543.7 million a year earlier.
• Moderate pointQuarterly operating cash flow increased to $64.566 million from $12.205 million a year earlier.
• Moderate pointNine-month operating cash flow increased to $260.947 million from $71.990 million a year earlier.
• Minor pointLight Duty quarterly sales rose 3% to $443.7 million from $430.3 million.
• Minor pointHeavy Duty quarterly sales rose 5% to $66.1 million from $63.0 million.

9 minor points

• Minor pointSpecialty Vehicle quarterly sales rose 3% to $51.9 million from $50.4 million.
• Minor pointSpecialty Vehicle quarterly profit margin improved 30 basis points to 13.1% from 12.8%.
• Minor pointShare repurchases totaled $15 million in the quarter, bringing the year-to-date total to $112 million.
• Minor pointNine-month sales increased to $1,635.090 million from $1,592.387 million a year earlier.
• Minor pointNine-month diluted earnings per share increased to $6.33 from $6.26 a year earlier.
• Minor pointNine-month adjusted diluted earnings per share increased to $6.73 from $6.70 a year earlier.
• Minor pointCash and equivalents increased to $167.005 million at September 26, 2026, from $49.436 million at year-end 2025.
• Minor point. Forward-looking: it has not happened yet and may not happen.Dorman expects 2026 diluted earnings of $7.95–$8.15 per share, versus prior guidance of $7.93–$8.23, implying 20%–23% annual growth.
• Minor point. Forward-looking: it has not happened yet and may not happen.Dorman expects additional pricing actions in the fourth quarter.

Negative

• Major point. Forward-looking: it has not happened yet and may not happen.Dorman lowered expected 2026 sales growth to 2%–3% from 3%–5%.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Dorman lowered adjusted 2026 earnings guidance to $8.50–$8.70 per share from $8.50–$8.80, implying a 2%–4% annual decline.
• Moderate pointQuarterly diluted earnings per share fell 20% to $1.98 from $2.48 a year earlier.
• Moderate pointQuarterly gross profit fell to $221.6 million from $241.4 million; margin declined to 39.4% from 44.4%.
• Moderate pointLight Duty quarterly profit margin fell 520 basis points to 18.5% from 23.7%.
• Moderate pointHeavy Duty quarterly profit margin fell 450 basis points to 0.0% from 4.5%.

10 minor points

• Minor pointQuarterly adjusted diluted earnings per share fell 21% to $2.08 from $2.62 a year earlier.
• Minor pointQuarterly net income declined to $59.175 million from $76.420 million a year earlier.
• Minor pointQuarterly operating income declined to $82.938 million from $105.750 million a year earlier.
• Minor pointQuarterly selling, general and administrative expenses rose to $138.7 million; their sales ratio improved to 24.7% from 25.0%.
• Minor pointQuarterly interest expense increased to $8.016 million from $7.235 million a year earlier.
• Minor pointNine-month net income declined to $190.497 million from $192.634 million a year earlier.
• Minor pointNine-month gross profit fell to $662.978 million from $668.648 million; margin declined to 40.5% from 42.0%.
• Minor pointNine-month operating income declined to $257.938 million from $268.305 million a year earlier.
• Minor pointNine-month selling, general and administrative expenses rose to $405.040 million; their sales ratio improved to 24.8% from 25.1%.
• Minor point. Forward-looking: it has not happened yet and may not happen.Dorman raised its 2026 estimated tax-rate range to 23.5%–24.0% from 23.5%.

News Explained

Through the first nine months, Dorman reports share repurchases totaling $112 million, a company record—more than the $15 million repurchased in the third quarter alone.

Key Figures

Q3 net sales: $561.7 million; up 3.3% Diluted EPS: $1.98; down 20% Adjusted diluted EPS: $2.08; down 21% +5 more

Q3 net sales

$561.7 million; up 3.3%

Third quarter 2026, year over year

Diluted EPS

$1.98; down 20%

Third quarter 2026, year over year

Adjusted diluted EPS

$2.08; down 21%

Third quarter 2026, year over year

2026 net sales growth guidance

2%–3%

Updated full-year guidance

2026 diluted EPS guidance

$7.95–$8.15

Updated full-year guidance

2026 adjusted diluted EPS guidance

$8.50–$8.70

Updated full-year guidance

Operating cash flow

$64.6 million

Third quarter 2026

Share repurchases

$15 million

Third quarter 2026

Previous Earnings Reports

1 past event · Latest: Aug 03

Same Type 1 event

1. Aug 03

   Q2 earnings

   24h Move

   +15.8%

   Q2 results set the previous 3%–5% sales-growth outlook and raised EPS guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

non-gaap financial measures, gaap, sg&a

3 terms

non-gaap financial measures financial

"this earnings release also contains Non-GAAP financial measures"

Non-GAAP financial measures are numbers companies use to show their financial performance that exclude certain expenses or income. They help investors see how the company might perform without one-time costs or other unusual items, giving a different perspective from official reports. However, since they can be adjusted, they don’t always tell the full story and should be looked at alongside standard financial figures.

gaap financial

"generally accepted accounting principles (GAAP)"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

sg&a financial

"Selling, general, and administrative ("SG&A") expenses"

SG&A stands for Selling, General, and Administrative expenses. It includes the costs a company spends on selling products, running the business day-to-day, and managing staff, like advertising, rent, and salaries. These expenses matter because they affect how much profit a company can make from its sales.

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Highlights (All comparisons are to the prior year period unless otherwise noted):

• Net sales of $561.7 million for the quarter, up 3.3%
• Diluted earnings per share (“EPS”) of $1.98, down 20%
• Adjusted diluted EPS* of $2.08, down 21%
• Generated $64.6 million of cash from operating activities; repurchased $15 million of shares
• Updates its full-year guidance for 2026
  
  

COLMAR, Pa., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ: DORM), a leading supplier in the motor vehicle aftermarket industry, today announced its financial results for the third quarter ended September 26, 2026.

Kevin Olsen, Dorman’s Chairman, President, and Chief Executive Officer, stated, “We delivered solid performance in the quarter. Net sales increased 3%, with top-line growth across each of our three business segments driven by new products and business wins. Diluted EPS was $1.98, and adjusted diluted EPS was $2.08, compared to $2.48 and $2.62, respectively, in the prior-year period. The year-over-year earnings comparison reflects the timing of tariff-related pricing that benefitted the third quarter of 2025. We also generated $65 million of operating cash flow and repurchased $15 million of our common stock in the quarter, bringing year-to-date share repurchases to a company record of $112 million.

“Given our performance through the first nine months of the year and additional pricing actions we expect to take in the fourth quarter, we are narrowing our full-year 2026 guidance. We now expect full-year net sales growth to be in the range of 2% to 3%, diluted EPS in the range of $7.95 to $8.15, and adjusted diluted EPS in the range of $8.50 to $8.70.

“Supported by our strong balance sheet and liquidity position, and the strategic advantages of our innovation engine and diversified supplier network, we remain confident in our long-term growth strategy.”

Third Quarter Financial Results
The Company reported third quarter 2026 net sales of $561.7 million, up 3.3% from net sales of $543.7 million in the third quarter of 2025.

Gross profit was $221.6 million in the third quarter of 2026, or 39.4% of net sales, compared to $241.4 million, or 44.4% of net sales, in the same quarter last year. Adjusted gross profit* was $221.2 million, or 39.4% of net sales, in the third quarter of 2026, compared to $241.4 million, or 44.4% of net sales, in the same quarter last year.

Selling, general, and administrative (“SG&A”) expenses were $138.7 million, or 24.7% of net sales, in the third quarter of 2026, compared to $135.7 million, or 25.0% of net sales, in the same quarter last year. Adjusted SG&A expenses* were $132.4 million, or 23.6% of net sales, in the third quarter of 2026, compared to $129.9 million, or 23.9% of net sales, in the same quarter last year.

Diluted EPS was $1.98 in the third quarter of 2026, down 20% from diluted EPS of $2.48 in the same quarter last year. Adjusted diluted EPS* was $2.08 in the third quarter of 2026, down 21% compared to adjusted diluted EPS* of $2.62 in the same quarter last year.

Segment results were as follows:

	Net Sales											Segment Profit Margin
($ in millions)	Q3 2026				Q3 2025				Change			Q3 2026			Q3 2025			Change
Light Duty	$	443.7			$	430.3			3	%		18.5	%		23.7	%		-520 bps
Heavy Duty	$	66.1			$	63.0			5	%		0.0	%		4.5	%		-450 bps
Specialty Vehicle	$	51.9			$	50.4			3	%		13.1	%		12.8	%		30 bps

2026 Guidance
The Company updates its full-year 2026 guidance as detailed in the table below. The Company's guidance includes the expected impact of tariffs enacted as of October 26, 2026. The Company’s guidance excludes the impact of potential tariff changes after October 26, 2026, future acquisitions and divestitures, and additional share repurchases.

	Updated 2026 Guidance	Prior 2026 Guidance
Net Sales Growth vs. 2025	2% – 3%	3% – 5%
Diluted EPS	$7.95 – $8.15	$7.93 – $8.23
Growth vs. 2025	20% – 23%	19% – 24%
Adjusted Diluted EPS*	$8.50 – $8.70	$8.50 – $8.80
Growth vs. 2025	(4)% – (2)%	(4)% – (1)%
Tax Rate Estimate	23.5% – 24.0%	23.5%

Conference Call and Webcast
The Company will hold a conference call and webcast for investors on Tuesday, October 27, 2026, beginning at 8:00 a.m. Eastern Time. The conference call can be accessed by telephone at (800) 420-1459 within the U.S. or +1 (203) 518-9861 outside the U.S. When prompted, enter the conference ID “DORMQ326”. A live audio webcast and accompanying presentation materials can be accessed on the Company’s website at investors.dormanproducts.com. A replay of the webcast will be made available on the website shortly after the conclusion of the call.

About Dorman Products
Dorman gives professionals, enthusiasts, and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money and increase convenience and reliability.

Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of products covering cars, trucks, and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics.

*Non-GAAP Measures
In addition to the financial measures prepared in accordance with generally accepted accounting principles (GAAP), this earnings release also contains Non-GAAP financial measures. The supplemental schedules attached include the reasons we believe these measures provide useful information to investors, a reconciliation of these measures to the most directly comparable GAAP measures, and other information relating to these Non-GAAP measures.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “probably,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “views,” “estimates,” and similar expressions are used to identify these forward-looking statements. Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date such statements were made. Such forward-looking statements are based on current expectations that involve known and unknown risks, uncertainties, and other factors (many of which are outside of our control). Such risks, uncertainties and other factors relate to, among other things: competition in and the evolution of the motor vehicle aftermarket industry; changes in our relationships with, or the loss of, any customers or suppliers; our ability to develop, market and sell new and existing products; our ability to anticipate and meet customer demand; our ability to purchase necessary materials from our suppliers and the impacts of any related logistics constraints; widespread public health pandemics; political and regulatory matters, such as changes in trade policy, the imposition of tariffs and climate regulation; our ability to protect our information security systems and defend against cyberattacks; our ability to protect our intellectual property and defend against any claims of infringement; and financial and economic factors, such as our level of indebtedness, fluctuations in interest rates and inflation. More information on these risks and other potential factors that could affect the Company’s business, reputation, results of operations, financial condition, and stock price is included in the Company’s filings with the Securities and Exchange Commission, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company is under no obligation to, and expressly disclaims any such obligation to, update any of the information in this document, including but not limited to any situation where any forward-looking statement later turns out to be inaccurate, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

Investor Relations Contact
Alex Whitelam, VP, Investor Relations
awhitelam@dormanproducts.com
(445) 448-9522

Visit our Investor Relations website at investors.dormanproducts.com, which contains important Company information, including financial data and investor materials. Dorman encourages investors to visit its website periodically to view new and updated information.

DORMAN PRODUCTS, INC. Consolidated Statements of Operations (in thousands, except per-share amounts)
	Three Months Ended							Three Months Ended
(unaudited)	9/26/26				Pct.*			9/27/25				Pct. *
Net sales	$	561,722			100.0			$	543,736			100.0
Cost of goods sold		340,124			60.6				302,309			55.6
Gross profit		221,598			39.4				241,427			44.4
Selling, general, and administrative expenses		138,660			24.7				135,677			25.0
Income from operations		82,938			14.8				105,750			19.4
Interest expense		8,016			1.4				7,235			1.3
Interest income		776			0.1				28			0.0
Other income, net		1,652			0.3				1,385			0.3
Income before income taxes		77,350			13.8				99,928			18.4
Provision for income taxes		18,175			3.2				23,508			4.3
Net income	$	59,175			10.5			$	76,420			14.1
Diluted earnings per share	$	1.98						$	2.48
Weighted average diluted shares outstanding		29,860							30,782
	Nine Months Ended							Nine Months Ended
(unaudited)	9/26/26				Pct.*			9/27/25				Pct. *
Net sales	$	1,635,090			100.0			$	1,592,387			100.0
Cost of goods sold		972,112			59.5				923,739			58.0
Gross profit		662,978			40.5				668,648			42.0
Selling, general, and administrative expenses		405,040			24.8				400,343			25.1
Income from operations		257,938			15.8				268,305			16.8
Interest expense		20,685			1.3				21,862			1.4
Interest income		1,327			0.1				115			0.0
Other income, net		10,475			0.6				4,290			0.3
Income before income taxes		249,055			15.2				250,848			15.8
Provision for income taxes		58,558			3.6				58,214			3.7
Net income	$	190,497			11.7			$	192,634			12.1
Diluted earnings per share	$	6.33						$	6.26
Weighted average diluted shares outstanding		30,088							30,757

* Percentage of sales. Data may not add due to rounding.

DORMAN PRODUCTS, INC. Consolidated Balance Sheets (in thousands, except share data)
(unaudited)	9/26/26				12/31/25
Assets
Current assets:
Cash and cash equivalents	$	167,005			$	49,436
Accounts receivable, less allowance for doubtful accounts of $1,993 and $1,948		628,402				479,252
Inventories		787,358				959,019
Prepaids and other current assets		40,661				33,819
Total current assets		1,623,426				1,521,526
Property, plant, and equipment, net		165,365				168,777
Operating lease right-of-use assets		99,938				112,805
Goodwill		387,334				387,334
Intangible assets, net		241,367				257,079
Other assets		41,414				45,557
Total assets	$	2,558,844			$	2,493,078
Liabilities and shareholders’ equity
Current liabilities:
Accounts payable	$	180,169			$	185,125
Accrued compensation		26,182				30,756
Accrued customer rebates and returns		182,560				197,398
Current portion of long-term debt		—				37,500
Other accrued liabilities		55,659				42,048
Total current liabilities		444,570				492,827
Long-term debt		440,717				402,413
Long-term operating lease liabilities		82,685				96,568
Deferred tax liabilities		4,215				3,977
Other long-term liabilities		21,709				20,218
Commitments and contingencies
Shareholders’ equity:
Common stock, $0.01 par value; 50,000,000 shares authorized; 29,574,883 and 30,391,955 shares issued and outstanding in 2026 and 2025, respectively		296				304
Additional paid-in capital		148,857				137,109
Retained earnings		1,420,768				1,344,183
Accumulated other comprehensive loss		(4,973	)			(4,521	)
Total shareholders’ equity		1,564,948				1,477,075
Total liabilities and shareholders' equity	$	2,558,844			$	2,493,078

Selected Cash Flow Information (unaudited):
	Three Months Ended								Nine Months Ended
(in thousands)	9/26/26				9/27/25				9/26/26				9/27/25
Cash provided by operating activities	$	64,566			$	12,205			$	260,947			$	71,990
Depreciation and amortization	$	13,765			$	14,036			$	41,672			$	41,798
Capital expenditures	$	7,683			$	10,383			$	25,208			$	29,818

DORMAN PRODUCTS, INC. Non-GAAP Financial Measures (in thousands, except per-share amounts)

Our financial results include certain financial measures not derived in accordance with generally accepted accounting principles (GAAP). Non-GAAP financial measures should not be used as a substitute for GAAP measures, or considered in isolation, for the purpose of analyzing our operating performance, financial position or cash flows. Additionally, these non-GAAP measures may not be comparable to similarly titled measures reported by other companies. However, we have presented these non-GAAP financial measures because we believe this presentation, when reconciled to the corresponding GAAP measure, provides useful information to investors by offering additional ways of viewing our results, profitability trends, and underlying growth relative to prior and future periods and to our peers. Management uses these non-GAAP financial measures in making financial, operating, and planning decisions and in evaluating our performance. Non-GAAP financial measures may reflect adjustments for charges such as fair value adjustments, amortization, transaction costs, severance, accelerated depreciation, and other similar expenses related to acquisitions as well as other items that we believe are not related to our ongoing performance.

Adjusted Net Income:
	Three Months Ended								Nine Months Ended
(unaudited)	9/26/26				9/27/25				9/26/26				9/27/25
Net income (GAAP)	$	59,175			$	76,420			$	190,497			$	192,634
Pretax acquisition-related intangible assets amortization [1]		5,069				5,442				15,416				16,319
Pretax acquisition-related transaction and other costs [2]		(55	)			286				420				1,119
Pretax facility consolidation costs [3]		826				—				826				—
Pretax bargain purchase gain [4]		(1,457	)			—				(1,457	)			—
Pretax write-off of capitalized debt issuance costs [5]		—				—				802				—
Pretax reduction in workforce costs [6]		—				—				—				147
Tax adjustment (related to above items) [7]		(1,393	)			(1,391	)			(4,147	)			(4,268	)
Adjusted net income (Non-GAAP)	$	62,165			$	80,757			$	202,357			$	205,951
Diluted earnings per share (GAAP)	$	1.98			$	2.48			$	6.33			$	6.26
Pretax acquisition-related intangible assets amortization [1]		0.17				0.18				0.51				0.53
Pretax acquisition-related transaction and other costs [2]		(0.00	)			0.01				0.01				0.04
Pretax facility consolidation costs [3]		0.03				—				0.03				—
Pretax bargain purchase gain [4]		(0.05	)			—				(0.05	)			—
Pretax write-off of capitalized debt issuance costs [5]		—				—				0.03				—
Pretax reduction in workforce costs [6]		—				—				—				0.00
Tax adjustment (related to above items) [7]		(0.05	)			(0.05	)			(0.14	)			(0.14	)
Adjusted diluted earnings per share (Non-GAAP)*	$	2.08			$	2.62			$	6.73			$	6.70
Weighted average diluted shares outstanding		29,860				30,782				30,088				30,757

* Amounts may not add due to rounding.
See accompanying notes at the end of this supplemental schedule.

Adjusted Gross Profit:
	Three Months Ended							Three Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
Gross profit (GAAP)	$	221,598			39.4			$	241,427			44.4
Pretax acquisition-related transaction and other costs [2]		(408	)		(0.1	)			—			—
Adjusted gross profit (Non-GAAP)	$	221,190			39.4			$	241,427			44.4
Net sales	$	561,722						$	543,736
	Nine Months Ended							Nine Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
Gross profit (GAAP)	$	662,978			40.5			$	668,648			42.0
Pretax acquisition-related transaction and other costs [2]		(408	)		(0.0	)			—			—
Adjusted gross profit (Non-GAAP)	$	662,570			40.5			$	668,648			42.0
Net sales	$	1,635,090						$	1,592,387

Adjusted SG&A Expenses:
	Three Months Ended							Three Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
SG&A expenses (GAAP)	$	138,660			24.7			$	135,677			25.0
Pretax acquisition-related intangible assets amortization [1]		(5,069	)		(0.9	)			(5,442	)		(1.0	)
Pretax acquisition-related transaction and other costs [2]		(353	)		(0.1	)			(286	)		(0.1	)
Pretax facility consolidation costs [3]		(826	)		(0.1	)			—			—
Adjusted SG&A expenses (Non-GAAP)	$	132,412			23.6			$	129,949			23.9
Net sales	$	561,722						$	543,736
	Nine Months Ended							Nine Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
SG&A expenses (GAAP)	$	405,040			24.8			$	400,343			25.1
Pretax acquisition-related intangible assets amortization [1]		(15,416	)		(0.9	)			(16,319	)		(1.0	)
Pretax acquisition-related transaction and other costs [2]		(828	)		(0.1	)			(1,119	)		(0.1	)
Pretax facility consolidation costs [3]		(826	)		(0.1	)			—			—
Pretax reduction in workforce costs [6]		—			—				(147	)		(0.0	)
Adjusted SG&A expenses (Non-GAAP)	$	387,970			23.7			$	382,758			24.0
Net sales	$	1,635,090						$	1,592,387

Adjusted Other Income, Net:
	Three Months Ended							Three Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
Other income, net (GAAP)	$	1,652			0.3			$	1,385			0.3
Pretax bargain purchase gain [4]		(1,457	)		(0.3	)			—			—
Adjusted other income, net (Non-GAAP)	$	195			0.0			$	1,385			0.3
Net sales	$	561,722						$	543,736
	Nine Months Ended							Nine Months Ended
(unaudited)	9/26/26				Pct.**			9/27/25				Pct.**
Other income, net (GAAP)	$	10,475			0.6			$	4,290			0.3
Pretax bargain purchase gain [4]		(1,457	)		(0.1	)			—			—
Pretax write-off of capitalized debt issuance costs [5]		802			0.0				—			—
Adjusted other income, net (Non-GAAP)	$	9,820			0.6			$	4,290			0.3
Net sales	$	1,635,090						$	1,592,387

* *Percentage of sales. Data may not add due to rounding.

[1] – Pretax acquisition-related intangible asset amortization results from allocating the purchase price of an acquisition to the acquired tangible and intangible assets of the acquired business and recognizing the cost of the intangible asset over the period of benefit. Such costs were $5.1 million pretax (or $3.9 million after tax) and $15.4 million pretax (or $11.8 million after tax) during the three and nine months ended September 26, 2026, respectively. Such costs were $5.4 million pretax (or $4.1 million after tax) and $16.3 million pretax (or $12.3 million after tax) during the three and nine months ended September 27, 2025, respectively.

[2] – Pretax acquisition-related transaction and other costs include costs incurred to complete and integrate acquisitions and inventory fair value adjustments. During the three and nine months ended September 26, 2026, we incurred benefits included in cost of goods sold for acquisition-related reserve releases, net of inventory fair value adjustments of $0.4 million pretax (or $0.3 million after tax). During the three and nine months ended September 26, 2026, we incurred charges included in selling, general, and administrative expenses to complete and integrate acquisitions of $0.4 million pretax (or $0.3 million after tax) and $0.8 million pretax (or $0.6 million after tax), respectively.

Pretax acquisition-related transaction and other costs include costs incurred to complete and integrate acquisitions included in selling, general, and administrative expenses totaled $0.3 million pretax (or $0.2 million after tax) and $1.1 million pretax (or $0.8 million after tax), during the three and nine months ended September 27, 2025, respectively.

[3] – Pretax facility consolidation expenses represent costs incurred in connection with our planned facility consolidations and relocations. During the three and nine months ended September 26, 2026, such costs were $0.8 million pretax (or $0.6 million after tax).

[4] – Pretax bargain purchase gain resulted from the excess fair value of assets acquired in a business combination over the purchase price and was $1.5 million pretax (or $1.5 million after tax) during the three and nine months ended September 26, 2026, and was included in other income, net.

[5] – Pretax write-off of capitalized debt issuance costs totaled $0.8 million (or $0.6 million after tax) during the nine months ended September 26, 2026. These write-offs are associated with retirement of our term loan debt and the modification of our revolving credit facility.

[6] – Pretax reduction in workforce costs represents costs incurred in connection with our planned workforce reduction, including insurance continuation costs. During the nine months ended September 27, 2025, the expenses were $0.1 million pretax (or $0.1 million after tax).

[7] – Tax adjustments represent the aggregate tax effect of all non-GAAP adjustments reflected in the table above and totaled $(1.4) million and $(4.1) million during the three and nine months ended September 26, 2026, respectively, and $(1.4) million and $(4.3) million during the three and nine months ended September 27, 2025, respectively. Such items are estimated by applying our statutory tax rate to the pretax amount, or an actual tax amount for discrete items.

2026 Guidance:

The Company updates the following guidance ranges related to its full year 2026 outlook:

	Year Ending 12/31/2026
(unaudited)	Low End				High End
Diluted earnings per share (GAAP)	$	7.95			$	8.15
Pretax acquisition-related intangible assets amortization		0.68				0.68
Pretax acquisition-related transaction and other costs		0.04				0.04
Pretax facility consolidation costs		0.03				0.03
Pretax bargain purchase gain		(0.05	)			(0.05	)
Pretax write-off of capitalized debt issuance costs		0.03				0.03
Tax adjustment (related to above items)		(0.18	)			(0.18	)
Adjusted diluted earnings per share (Non-GAAP)	$	8.50			$	8.70
Weighted average diluted shares outstanding		30,000				30,000

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Dorman's third-quarter 2026 sales and earnings?

Dorman reported sales of $561.7 million, up 3.3% year over year, and diluted earnings per share of $1.98, down 20%. Adjusted diluted earnings per share, a measure outside generally accepted accounting principles, fell 21% to $2.08.

What is Dorman's updated full-year 2026 guidance?

Dorman expects 2%–3% sales growth, diluted earnings per share of $7.95–$8.15, and adjusted diluted earnings per share of $8.50–$8.70. Previously, the respective ranges were 3%–5%, $7.93–$8.23 and $8.50–$8.80.

Does Dorman's 2026 guidance include future acquisitions or additional share repurchases?

Dorman's 2026 guidance excludes future acquisitions and divestitures and additional share repurchases. Those potential actions are outside the assumptions used for its updated outlook.