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Dorman Products, Inc. Announces Date to Report Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-07-13 04:30
COLMAR, Pa., July 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ: DORM) today announced the Company will report its financial results for the second quarter ended June 29, 2024 after the closing of the Nasdaq Stock Market on August 1, 2024. The Company also announced that it is scheduled to conduct a conference call and webcast of its second quarter 2024 financial results on August 2, 2024 at 8 a.m. ET. The conference call can be accessed by dialing (888) 440-4182 wit ...
Dorman's new releases for July include more OE FIX™ innovations and aftermarket-exclusive repair solutions
Newsfilter· 2024-07-11 19:30
文章核心观点 - 公司宣布发布数百种新的汽车零件和总成 [1][2] - 这些新产品为汽车和重型零件经销商、零售商和维修店带来了数百万新的销售机会 [2] - 公司推出了两款Dorman® OE FIX™维修解决方案,提高了性能和便利性 [3] - 公司还推出了多款首次推出的售后市场产品,包括继电器修理套件、阀盖套件、天线等 [3] 公司概况 - 公司成立已有100多年历史,是一家全球性的先驱性组织 [9][10] - 公司提供从底盘到车身、从发动机舱到底盘、从硬件到复杂电子产品的广泛产品系列 [10] 免责声明 - 文中包含前瞻性陈述,公司不承担更新这些信息的义务 [11]
Dorman's new releases for July include more OE FIX™ innovations and aftermarket-exclusive repair solutions
GlobeNewswire News Room· 2024-07-11 19:30
COLMAR, Pa., July 11, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of hundreds of new aftermarket automotive components and assemblies. Adding to an expansive catalog of more than 122,000 SKUs, the July 2024 new product releases represent millions of new sales opportunities for automotive and heavy-duty parts distributors, retailers and repair shops, reinforcing Dorman’s position as a premier go-to source for technicians and dedicated DIYers. Noteworthy among ...
Dorman Products releases hundreds of new cost-saving and aftermarket-exclusive repair solutions
Newsfilter· 2024-06-18 19:00
文章核心观点 - 公司宣布推出数百种新的汽车零件和总成产品,扩充了公司现有超过12万种SKU的产品线 [1][2] - 这些新产品包括一些首次推出的售后市场产品,如通用汽车卡车和SUV的控制臂螺栓套件、福特货车的发动机油冷却器以及Jeep牧马人和Gladiator车型的保险丝盒 [3][4][5] - 这些新产品涵盖了各种类型和动力总成的乘用车和商用车 [6] 公司概况 - 公司成立于100多年前,总部位于美国,是一家全球性的先驱性组织 [10] - 公司一直在推出新的维修解决方案,发布数万种售后市场替换产品,旨在节省时间和成本,提高便利性和可靠性 [9][10] - 公司产品涵盖从底盘到车身、从发动机舱到底盘、从硬件到复杂电子产品的各个领域 [10]
Dorman Products announces the grand opening of an additional USA-based drive shaft manufacturing facility
Newsfilter· 2024-06-12 19:00
文章核心观点 公司宣布在弗吉尼亚州弗吉尼亚海滩开设新的传动轴制造工厂,扩大产能以更好地服务客户 [1][2][3] 公司概况 1) 公司是一家全球制造商,在美国拥有超过100万平方英尺的制造足迹 [6] 2) 公司是汽车售后市场中最知名的品牌之一 [6] 3) 公司专注于设计、制造和分销3,600多种精密钢制和铝制传动轴及相关传动系零件 [1][4] 新工厂信息 1) 新工厂位于弗吉尼亚州弗吉尼亚海滩,占地100,000平方英尺,是公司原有工厂的5倍 [2] 2) 新工厂配备了先进的计算机控制机床、机器人焊接、传动轴平衡设备和测试设备,可以高效制造前后传动轴 [4] 3) 新工厂设有专门的区域,采用新的改进包装方法对成品传动轴进行定制包装,以确保运输过程中的精确平衡 [5] 行业趋势 1) 公司看到传动轴产品线需求增加,因此扩大产能以更好地服务客户 [3] 2) 传动轴是安全关键部件,高效生产和快速运输是公司的优势 [4]
Dorman Products announces the grand opening of an additional USA-based drive shaft manufacturing facility
GlobeNewswire News Room· 2024-06-12 19:00
COLMAR, Pa., June 12, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is proud to announce the grand opening of a new drive shaft manufacturing facility in Virginia Beach, VA (USA). A ribbon cutting ceremony to celebrate the launch of the expansive factory at 464 Progress Lane is scheduled for Wednesday, June 12th. The facility joins existing Dorman sites in Reno, NV and Portland, TN that also design, manufacture and distribute the company's 3,600+ precision steel and aluminum driveshafts and r ...
3 Auto Stocks to Capitalize on Aging U.S. Vehicles (Revised)
zacks.com· 2024-05-24 01:10
Per the latest report released by S&P Global Mobility, the average age of U.S. vehicles hit a new record of 12.6 years in 2024, an increase of two months from 2023. This marks the seventh consecutive year of rising average vehicle age in the United States. With vehicles aging, the demand for repairs and maintenance rises, creating more opportunities for companies involved in the aftermarket and vehicle service industries. Dorman Products (DORM) , Rush Enterprises (RUSHA) and Genuine Parts (GPC) stand out as ...
3 Auto Stocks to Capitalize on Aging U.S. Vehicles
zacks.com· 2024-05-23 23:01
Per the latest report released by S&P Global Mobility, the average age of U.S. vehicles hit a new record of 12.4 years in 2024, an increase of two months from 2023. This marks the seventh consecutive year of rising average vehicle age in the United States. With vehicles aging, the demand for repairs and maintenance rises, creating more opportunities for companies involved in the aftermarket and vehicle service industries. Dorman Products (DORM) , Rush Enterprises (RUSHA) and Genuine Parts (GPC) stand out as ...
Dorman Products expands its catalog of cost-saving and aftermarket-exclusive repair solutions
Newsfilter· 2024-05-15 19:00
COLMAR, Pa., May 15, 2024 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of hundreds of new aftermarket automotive components and assemblies. The new products add to an expansive catalog of more than 120,000 SKUs, a depth and diversity of coverage offering millions of new sales and repair opportunities for customers throughout North America. Noteworthy among the hundreds of releases are ten Dorman® OE FIX™ innovations, adding to this flagship line of parts designed t ...
Dorman(DORM) - 2024 Q1 - Earnings Call Transcript
2024-05-08 02:06
财务数据和关键指标变化 - 第一季度销售收入为4.69亿美元,同比略有增长 [12] - 调整后毛利率为38.7%,同比提升630个基点,主要得益于成本下降、成本节约措施和价格调整 [36] - 调整后营业利润为6500万美元,同比增长92%,调整后营业利润率为13.9%,同比提升660个基点 [38] - 调整后每股收益为1.31美元,同比增长134% [39] 各条业务线数据和关键指标变化 轻型业务 - 第一季度销售收入为3.59亿美元,同比增长3% [40] - 调整后营业利润率为16.1%,同比提升990个基点 [41] 重型业务 - 第一季度销售收入为5800万美元,同比下降15% [42] - 调整后营业利润率为0%,同比下降790个基点 [43] 特种车辆业务 - 第一季度销售收入为5200万美元,同比增长1% [44] - 营业利润率为13.9%,与去年同期持平 [46] 各个市场数据和关键指标变化 - 轻型车市场整体呈现积极趋势,车辆行驶里程和车龄持续增加,为后市场带来利好 [15][16] - 重型车市场受到运输行业下滑的影响,客户去库存的趋势延续 [18][19] - 特种车辆市场受到新车销售疲软的影响,但公司通过拓展经销商渠道和推出非必需性维修件等措施实现了增长 [44][45] 公司战略和发展方向及行业竞争 - 公司持续推进新产品创新,在轻型、重型和特种车辆业务中均取得成功,并将这一能力复制到新收购的公司 [22-25][32-33] - 公司正在采取措施提高运营效率,包括自动化、优化供应链等 [17] - 公司对重型车市场的短期前景持谨慎态度,但对长期需求保持信心 [19][42] - 公司在特种车辆市场面临挑战,但通过拓展经销商渠道和推出新产品等措施来增加市场份额 [44][45] 管理层对经营环境和未来前景的评论 - 管理层对轻型车市场的整体趋势持乐观态度,认为这一细分市场仍有较大增长空间 [15][16] - 管理层对重型车市场的短期前景持谨慎态度,但预计下半年会有温和反弹 [18][19][66] - 管理层对特种车辆市场的挑战有清晰认知,但相信通过采取相应措施可以实现市场份额增长 [44][45] - 管理层对公司的创新能力和运营效率提升措施充满信心,认为可以在任何市场环境下取得成功 [53] 其他重要信息 - 公司在第一季度偿还了1500万美元的债务,并以平均价格85美元回购了2700万美元的股票 [48] - 公司的净负债率为1.61倍,低于2倍的长期目标上限,流动性充足 [49] - 公司确认了2024财年3%-5%的合并销售收入增长指引,以及5.40-5.70美元的调整后每股收益指引 [52]