Dorman Products Stock Price, News & Analysis

Dorman Products, Inc. (NASDAQ:DORM) will release its financial results for the first quarter ending March 27, 2021, before the Nasdaq opens on April 26, 2021. Dorman is a leader in the automotive aftermarket, offering over 80,000 distinct parts that enhance convenience and reliability for repair professionals and vehicle owners. The company focuses on innovative replacement solutions, fostering efficiency in vehicle repair. For further inquiries, Dorman encourages investors to visit their official site.

Dorman Products, Inc. (NASDAQ:DORM) and Diesel Laptops have unveiled the Diesel Decoder™, an innovative smartphone-enabled diagnostic tool for North American heavy-duty trucks. This all-in-one device connects to the truck's diagnostics port and works with a free app to read true diagnostic trouble codes (DTCs) and provide repair insights. Targeted at owner-operators and smaller fleets, the Diesel Decoder is designed to be cost-effective compared to traditional diagnostic tools, enabling users to access detailed truck health reports and essential repair information seamlessly.

Dorman Products announces the launch of over 700 new replacement auto parts, enhancing aftermarket coverage for popular Chevrolet and GMC pickups. Key highlights include a new flexible stainless steel fuel line that simplifies installation, coverage expansion in drive shafts with pre-assembled components minimizing repair complexity, and new direct-replacement control arms engineered for better reliability. All new products come with a limited lifetime warranty, providing vehicle owners and repair shops with innovative solutions for their automotive needs.

Dorman Products reported a record-breaking fourth quarter for 2020, achieving net sales of $301.2 million, a 26% increase from $239.6 million in Q4 2019. GAAP diluted EPS surged 106% to $1.11, while adjusted diluted EPS rose 129% to $1.19. For the fiscal year, Dorman surpassed $1 billion in annual net sales for the first time, totaling $1,092.7 million, a 10% increase year-over-year. Despite a strong performance, the company refrained from providing 2021 guidance due to ongoing uncertainties from COVID-19.

Dorman Products has launched over 370 new replacement auto parts, expanding its aftermarket offering significantly. Key highlights include master window switch assemblies for aging Cadillac, Chevrolet, and GMC vehicles featuring proprietary software for enhanced safety and efficiency. Additionally, new Dorman® OE FIX™ wheel nuts are available for over 5 million Ford cars, offering improved durability. Other notable releases include transmission oil cooler lines for more than 2 million GM and Ram vehicles, as well as various aftermarket-first products aimed at simplifying repairs for vehicle owners and technicians.

Dorman Products, Inc. (NASDAQ:DORM) is set to announce its fourth-quarter financial results for the period ending December 26, 2020, before the Nasdaq opens on February 22, 2021. The company specializes in automotive aftermarket solutions, providing over 80,000 distinct parts for various vehicles. Established over 100 years ago, Dorman focuses on enhancing repair efficiency for professionals and consumers alike. For further details, stakeholders can visit Dorman's website.

Dorman Products, Inc. (NASDAQ:DORM) has launched a new line of loaded brake backing plates designed for over 3 million Ford Super Duty pickups and Excursion SUVs. These pre-assembled solutions aim to simplify repairs, reduce labor time, and minimize customer callbacks. Original equipment backing plates are prone to rust, making this innovation a welcomed solution for technicians. Backed by a limited lifetime warranty, these products promise to enhance repair processes and increase shop profits while providing vehicle owners with a reliable DIY option.

Dorman Products (NASDAQ:DORM) has launched over 530 new replacement auto parts, enhancing vehicle repair options for customers. Key innovations include:

• A new 4WD front differential actuator for over 700,000 GM vehicles, designed to prevent vacuum leaks.
• An upgraded intake manifold for more than 250,000 Hyundai and Kia vehicles, built to resist fatigue-related failures.
• The first of several turbocharger clamps designed with a patented profile for improved performance.

This expansion signifies Dorman's commitment to quality and innovation in the automotive aftermarket.