COLMAR, PA — Dorman Products, Inc. (NASDAQ: DORM) has reported a robust start to 2025, posting an 8.3% increase in net sales for the first quarter. Total revenue reached $507.7 million, compared to $468.7 million in the same period last year. The company’s diluted earnings per share (EPS) jumped 78% to $1.87, with adjusted diluted EPS rising 54% to $2.02.
“Our exceptional performance demonstrates solid top- and bottom-line growth,” said Kevin Olsen, President and Chief Executive Officer of Dorman Products. “This growth, fueled by strong customer demand in our Light Duty segment, along with operational excellence initiatives, supports our optimistic outlook for 2025.”
Dorman also reported a 40.9% gross profit margin, up from 38.7% last year, alongside a decrease in selling, general, and administrative expenses as a percentage of sales. The company generated $51 million in operating cash flow, repaid $20 million in debt, and repurchased $12 million of its shares during the quarter.
Looking ahead, Dorman reaffirmed its full-year 2025 guidance, excluding impacts from recently enacted tariffs. Olsen emphasized the company’s preparedness to meet challenges, citing diversified supply chains and investments in innovation as key strengths. “These actions have built resiliency within our business, and we’re confident in our ability to deliver for customers even amidst economic challenges,” Olsen added.
The first quarter results set a strong foundation for Dorman as it navigates a dynamic market environment, maintaining its focus on growth and operational efficiency.
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