Dorman Products, Inc. Reports Fourth Quarter and Full Year 2023 Results; Issues 2024 Guidance
DORMDorman(DORM) Newsfilter·2024-02-27 05:30

Highlights (All comparisons are to the prior year period unless otherwise noted): Net sales of 494.3millionforthequarter,down1494.3 million for the quarter, down 1% reflecting the impact of an extra week in the prior year period, up 3% excluding this impact Record diluted earnings per share ("EPS") of 1.60 for the quarter, up 182% compared to 0.57RecordadjusteddilutedEPS∗of0.57 Record adjusted diluted EPS* of 1.57 for the quarter, up 55% compared to 1.01Generated1.01 Generated 60 million of cash from operating activities; repaid 30millionofdebtandrepurchased30 million of debt and repurchased 15 millio ...