Welcome to our dedicated page for Dorman Products news (Ticker: DORM), a resource for investors and traders seeking the latest updates and insights on Dorman Products stock.
Dorman Products Inc (DORM) delivers innovative aftermarket automotive solutions through its extensive catalog of replacement parts and repair components. This dedicated news hub provides investors and industry professionals with timely access to official announcements, strategic developments, and market insights.
Our curated collection features press releases covering earnings reports, product innovations, operational milestones, and leadership updates. Users will find essential information on Dorman’s light/heavy-duty vehicle parts advancements, supply chain initiatives, and sustainability efforts within the automotive aftermarket sector.
Key content categories include quarterly financial disclosures, new product launches, manufacturing expansions, and partnership announcements. Each update is meticulously organized to help stakeholders track the company’s progress in addressing evolving repair industry demands through engineered solutions.
Bookmark this page for streamlined access to Dorman’s verified corporate communications. Combine regular visits with portfolio monitoring tools for comprehensive analysis of this automotive parts leader’s market position.
Dorman Products, Inc. (NASDAQ:DORM) has launched the New Solutions Catalog, a digital and print resource aimed at enhancing awareness of its latest aftermarket products among auto part counter representatives and repair shop service writers. This catalog showcases hundreds of new products released each month, emphasizing Dorman's leadership in categories like turbocharger accessories and advanced electronics. The catalog is designed to help service professionals better serve customers by offering reliable aftermarket solutions. It is available online for browsing and distribution is underway across North America.
Dorman Products, Inc. (NASDAQ:DORM) has introduced 300 new auto parts, including a third that are aftermarket exclusives, enhancing its extensive catalog of over 118,000 solutions. Notable additions include fuel pump driver modules for GM vehicles and advanced OE FIX parts designed to improve reliability and installation ease. The new parts cater to a vast range of vehicles, significantly expanding Dorman's market presence and reinforcing its leadership in the aftermarket sector.
Dorman Products reported record quarterly net sales of $417.4 million, a 34% increase from $310.6 million last year. Diluted EPS rose to $1.20, and adjusted EPS increased to $1.29.
The company adjusted its 2022 EPS guidance to $4.50-$4.70 due to higher interest rates, while maintaining net sales growth guidance of 19%-22%. Dorman expanded its share repurchase program to $600 million, with the period extended through December 31, 2024.
Dorman Products (NASDAQ:DORM) has launched over 230 new premium engineered products in the first half of 2022, continuing its growth from 600 new products in 2021. These new chassis parts include a variety of upgrades such as an OE FIX alignment ball joint for Ford Transit vans, tracking arms for Honda Odyssey, and solutions for hybrid and electric vehicles like Tesla models S and X. Dorman emphasizes stringent quality control in manufacturing, aiming for high performance and long service life in its components.
Dorman Products, Inc. (NASDAQ:DORM) announces over 300 new auto parts, one-third of which are new-to-the-aftermarket. Highlights include:
- Aftermarket-exclusive windshield wiper fluid reservoir for more than 1.5 million Ford and Lincoln trucks.
- First-to-market heater hose assembly for 1.7 million Ford Escape and Lincoln MKC vehicles.
- New rear window wiper arm for late-model Jeep Renegade SUVs.
The release strengthens Dorman's position in automotive aftermarket solutions and offers enhanced options for repair professionals and vehicle owners.
Dorman Products, Inc. (NASDAQ:DORM) will report its financial results for Q2 2022 on July 25, 2022, before the Nasdaq opens. The company specializes in providing replacement products for the automotive aftermarket, enhancing convenience and reliability for repair professionals and vehicle owners. Dorman has been a key player for over a century, offering a diverse catalog of parts for both light-duty and heavy-duty vehicles. The announcement also includes a caution about forward-looking statements and potential risks that may impact actual results.
Dorman Products, Inc. (NASDAQ:DORM) announced the release of over 500 new auto parts, including 100 new-to-the-aftermarket products aimed at enhancing repair options for vehicle owners and professionals. Key launches include a robust aluminum engine oil filter housing designed to replace a failure-prone plastic counterpart on millions of vehicles, and an OE FIX turbocharger coolant line kit. These additions expand Dorman’s offerings in various categories, including suspension leaf springs and door lock actuators, reinforcing its commitment to providing reliable aftermarket solutions.
Dorman Products (NASDAQ:DORM) announces the release of over 300 new auto parts, enhancing options for repair professionals and vehicle owners. Key highlights include:
- Four new flexible stainless steel braided fuel lines designed for 2.3+ million GM vehicles.
- OE FIX solutions for HVAC heater hoses, water pumps, and advanced automotive electronics.
- New components aimed at improving durability and reliability, potentially saving time and costs in repairs.
These releases affirm Dorman's commitment to innovation in the aftermarket automotive sector.
FAQ
What is the current stock price of Dorman Products (DORM)?
What is the market cap of Dorman Products (DORM)?
