Dorman Products Q1 sales slightly beat, adjusted EPS misses estimates

Dorman Products

04/05/2026 21:10

Overview

U.S. motor vehicle aftermarket supplier's Q1 net sales grew 4%, slightly beating analyst expectations

Adjusted EPS for Q1 fell 22% and missed consensus, impacted by higher tariff costs

Company repurchased $51 mln of shares and reaffirmed full-year 2026 guidance

Outlook

Dorman Products reaffirms 2026 net sales growth guidance of 7% to 9%

Company expects 2026 diluted EPS of $7.57 to $7.97

Dorman Products projects 2026 adjusted diluted EPS of $8.10 to $8.50

Result Drivers

TARIFF IMPACT - Co said higher costs from 2025 tariffs were the main driver of lower Q1 adjusted EPS and profitability

GROSS MARGIN PRESSURE - Gross profit margin declined to 36.0% from 40.9% a year ago

Company press release: ID:nGNX4F8ZMR

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Beat*
$528.80 mln
$528.47 mln (7 Analysts)
Q1 Adjusted EPS
Miss
$1.57
$1.65 (7 Analysts)
Q1 EPS
$1.43


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Dorman Products Inc is $152.50, about 35.1% above its May 1 closing price of $112.88

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)