News & Videos - DORMAN PRODUCTS INC. - Page 2

COLMAR, Pa., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) announced today the release of 400 new motor vehicle parts, including 130 aftermarket exclusives. The new products advance Dorman’s mission of providing repair professionals and owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains. Among the new releases are a dozen innovative Dorman® OE FIX™ repair solutions designed to help...

COLMAR, Pa., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the fourth quarter and fiscal year ended December 31, 2022 before the opening of the Nasdaq Stock Market on February 28, 2023. About Dorman Products Dorman gives professionals, enthusiasts and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of...

COLMAR, Pa., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of OE FIX™ Guide Vol. 4, its award-winning publication highlighting its most innovative automotive repair solutions designed to help professionals make faster, longer-lasting repairs. Dorman OE FIX parts are designed to be better-than-OEM replacements in a variety of ways. Some products are redesigned to improve reliability, such as using stronger materials or adding protective...

COLMAR, Pa., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM), a leading aftermarket vehicle parts supplier, announced today the release of 400 new motor vehicle parts, 150 of which are first-to-the-aftermarket. These new releases continue Dorman’s industry-leading innovation that delivered more than 4,000 new products in 2022 alone. All these new products advance Dorman’s mission of providing repair professionals and vehicle owners greater freedom to fix passenger,...

COLMAR, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) announced today the release of 279 new light-, medium- and heavy-duty vehicle repair parts and components, nearly half of which are first to the aftermarket, giving retailers, distributors, professional repair shops and vehicle owners greater access to the solutions they need. New this month is a Dorman OE FIX™ engine crankcase vent valve, also known as a PCV assembly, for more than 100,000 Audi and Volkswagen...

COLMAR, Pa., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) announced today the release of more than 300 new motor vehicle parts, half of which are first-to-the-aftermarket exclusives. The new products advance Dorman’s mission of providing repair professionals and owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains. Among the new releases are more than a dozen innovative Dorman® OE...

Highlights (All comparisons to the prior year period unless otherwise noted) : Net sales of $413.5 million, up 19% compared to $348.4 million Diluted earnings per share (“EPS”) of $0.97, down 7% compared to $1.04 Adjusted diluted EPS* of $1.17, down 1% compared to $1.18 Completed acquisition of SuperATV, expanding into the powersports aftermarket Updated fiscal 2022 guidance, including the addition of SuperATV COLMAR, Pa., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the...

COLMAR, Pa., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the release of more than 400 new motor vehicle parts, almost half of which are first-to-the-aftermarket exclusives. The new products join a growing catalog of 118,000+ aftermarket solutions that advance Dorman’s mission of giving repair professionals and owners greater freedom to fix passenger, commercial, and recreational vehicles with internal combustion, hybrid, and electric powertrains. The...

COLMAR, Pa., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM) today announced the Company will report its financial results for the third quarter ended September 24, 2022 before the opening of the Nasdaq Stock Market on October 24, 2022. About Dorman Products Dorman gives professionals, enthusiasts and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of...

COLMAR, Pa., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced that it completed the acquisition of Super ATV, LLC (“SuperATV”) for $490 million in cash at closing, plus an earn-out of up to $100 million in the aggregate payable over two years subject to certain performance targets being achieved in 2023 and 2024. The closing payment is subject to customary...

COLMAR, Pa., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the “Company” or “Dorman”) (NASDAQ:DORM), a leading supplier in the motor vehicle aftermarket industry, today announced the addition of Michael P. Dickerson as Vice President, Investor Relations & Risk Management effective September 26, 2022. Mike served most recently as Vice President, Investor Relations and Corporate Communications for The Aaron’s Company, Inc. and its predecessor Aaron’s Inc., and held similar...

COLMAR, Pa., Sept. 08, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of more than 200 new motor vehicle parts, fully half of which are aftermarket-exclusives. The new products join an ever-expanding catalog of 118,000+ aftermarket solutions that advance the company’s mission of giving repair professionals and owners greater freedom to fix a wide range of passenger and commercial vehicles with internal combustion, hybrid, and electric powertrains....

Highlights: Dorman Products to acquire SuperATV for $490 million in cash at closing, plus a two-year earn-out of up to $100 million in the aggregate based on achievement of 2023 and 2024 performance targets. Adjusted for estimated tax benefits, the transaction value before earn-out is approximately $445 million. SuperATV provides Dorman with a new growth platform by adding a leading independent supplier of aftermarket parts and accessories to the powersports industry who has a track record of...

COLMAR, Pa., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing the launch of a new digital and print publication, the New Solutions Catalog , which is designed to help auto part counter representatives and repair shop service writers be more aware of Dorman’s latest aftermarket-first products and growing category breadth. Dorman releases hundreds of new products every month, so it can be difficult for even the most tuned-in aftermarket professionals to keep...

COLMAR, Pa., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of 300 new auto parts, a third of which are aftermarket-exclusives. The new products join an expansive catalog of more than 118,000 aftermarket solutions that advance the company’s mission of giving repair professionals and owners greater freedom to fix a wide range of passenger and commercial vehicles. This month’s featured new products include four Dorman® OE FIX™ parts,...

Highlights (All comparisons to the prior year period unless otherwise noted) : Record quarterly net sales of $417.4 million, up 34% compared to $310.6 million Diluted earnings per share (“EPS”) of $1.20, up 21% compared to $0.99 Adjusted diluted EPS* of $1.29, up 17% compared to $1.10 Adjusting fiscal 2022 guidance to diluted EPS of $4.50 to $4.70 and adjusted diluted EPS* of $5.00 to $5.20, reflecting higher interest rates, while maintaining net sales growth guidance of 19% to 22% Share...

COLMAR, Pa., July 15, 2022 (GLOBE NEWSWIRE) -- The dedicated steering and suspension experts at Dorman Products, Inc. (NASDAQ:DORM) released more than 230 new premium engineered products in the first half of 2022, building on more than 600 new products released throughout 2021, reinforcing a continuous commitment to providing new solutions to our customers. Dorman's chassis parts are designed for a direct fit and long service life. From control arms and bushings, to sway bars, tie rods and ball...

Highlights: Aftermarket-exclusive windshield wiper fluid reservoir designed to fit more than 1.5 million Ford and Lincoln pickup trucks, extending Dorman’s industry-leading coverage in fluid reservoirs First-to-aftermarket heater hose assembly engineered to replace a factory assembly with a high failure rate on 1.7 million late-model Ford Escape and Lincoln MKC sport utility vehicles Aftermarket-first rear window wiper arm for more than a half-million late-model Jeep Renegade SUVs, directly...

COLMAR, Pa., July 11, 2022 (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 25, 2022 before the opening of the Nasdaq Stock Market on July 25, 2022. About Dorman Products Dorman gives repair professionals and vehicle owners greater freedom to fix cars and trucks. For over 100 years, we have been driving new solutions for the automotive aftermarket, releasing...

Aftermarket-first Dorman® OE FIX™ upgraded aluminum engine oil filter housing with oil cooler and filter, featuring a housing manufactured in the USA from durable aluminum that replaces the plastic original equipment part on millions of Jeep, Ram, Dodge, Chrysler, and Volkswagen vehicles An OE FIX turbocharger coolant line kit, one of the latest additions to Dorman’s expanded line of turbo components and accessories Line extensions in many high-demand replacement part categories, including...