Dorman Products Inc（DORM）のニュースとイベントDORMDorman Products Inc

Dorman Reports Q1 Revenue of $528.77M

Reports Q1 revenue $528.77M, consensus $524.51M. Kevin Olsen, Dorman's Chairman, President, and Chief Executive Officer, stated, "We started the year with solid financial performance that was in line with our expectations. Despite ongoing uncertainty in the broader economy and geopolitical environment, we delivered first quarter net sales growth of 4.2% year over year. Diluted EPS was $1.43, and adjusted diluted EPS was $1.57, down 24% and 22%, respectively, compared to the same period in 2025, driven largely by the anticipated impact of higher costs associated with tariffs implemented in 2025. In addition, we generated cash from operations of $44 million and returned capital to stockholders through $51 million of share repurchases at an average price of $118 per share."

Dorman Products Appoints Kevin Olsen as Chairman of the Board

Dorman Products announced that its board of directors has appointed Kevin Olsen, the company's president and CEO, as chairman of the board. Dorman's prior chairman, Steven Berman, will continue to serve on the board of directors, having served as chairman since 2011. Olsen has served as a member of the board of directors and as the company's president and CEO since 2019.