Last $44.83 USD
Change Today +0.44 / 0.99%
Volume 143.1K
DORM On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

dorman products inc (DORM) Key Developments

Dorman Products, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

Dorman Products, Inc. announced earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported sales of $196.2 million, an increase of 21% from $162.3 million in the second quarter of 2013. Revenue growth was driven by the combination of strong overall demand for products and several large stocking orders and line updates. Net income increased 20% to $23.2 million, or $0.64 per diluted share, up from the prior year's net income of $19.3 million, or $0.53 per diluted share. The company reported income from operations of $36.7 million compared to $30.8 million, income before income taxes of $36.6 million compared to $30.7 million and capital expenditures of $8.9 million compared to $4.2 million for the last year. For the six months, sales increased 20% over the prior year period to $379.7 million from $316.7 million last year. Net income in 2014 increased 22% to $46.8 million from $38.4 million in the same period last year. Diluted earnings per share in 2014 rose 22% to $1.28 from $1.05 in the same period last year. The company reported income from operations of $73.6 million compared to $60.7 million, income before income taxes of $73.5 million compared to $60.6 million and capital expenditures of $15.9 million compared to $7.1 million for the last year.

Dorman Products, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2014

Dorman Products, Inc. reported unaudited consolidated earnings results for the first quarter ended March 29, 2014. For the quarter, the company reported sales of $183.5 million, up 19% from $154.4 million in the first quarter of 2013. Revenue growth was driven primarily by strong overall demand for its products, higher revenues from recently-introduced products, and the shipment of several large line updates. Net income was $23.6 million or $0.64 per diluted share, up 23% from the prior year's net income of $19.1 million or $0.52 per diluted share. First quarter operating results continued the growth trends it experienced in 2013. Income from operations was $36.95 million compared to $29.91 million reported a year ago. Income before income taxes was $36.91 million compared to $29.86 million reported a year ago. Capital expenditures were $7.01 million compared to $2.846 million reported a year ago.

Dorman Products, Inc., Annual General Meeting, May 16, 2014

Dorman Products, Inc., Annual General Meeting, May 16, 2014., at 08:30 US Eastern Standard Time. Location: Law offices of Blank Rome LLP, One Logan Square,. Agenda: To elect six directors; to approve the company's executive compensation; to approve the material terms of the performance goals under the company's executive cash bonus plan and the company's 2008 stock option and stock incentive plan; to ratify KPMG LLP as independent registered public accounting firm for the 2014 fiscal year; and to transact any other business as may properly come before the annual meeting or any postponements or adjournments thereof.

Dorman Products, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 28, 2013

Dorman Products, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 28, 2013. For the quarter net sales were $169,809,000 against $135,014,000 a year ago. Income from operations was $31,607,000 against $22,966,000 a year ago. Income from continuing operations before income taxes was $31,566,000 against $22,933,000 a year ago. Income from continuing operations was $20,619,000 or $0.56 diluted per share against $15,249,000 or $0.42 diluted per share a year ago. Net income was $20,619,000 or $0.56 diluted per share against $15,300,000 or $0.42 diluted per share a year ago. Capital expenditures were $11,717,000 against $3,641,000 a year ago. For the year, the company's net sales were $664,466,000 against $570,420,000 a year ago. Income from operations was $127,939,000 against $104,231,000 a year ago. Income from continuing operations before income taxes was $127,750,000 against $104,108,000 a year ago. Income from continuing operations was $81,920,000 or $2.24 diluted per share against $66,405,000 or $1.82 diluted per share a year ago. Net income was $81,920,000 or $2.24 diluted per share against $70,962,000 or $1.94 diluted per share a year ago. Capital expenditures were $24,666,000 against $18,078,000 a year ago.

Dorman Products, Inc. Appoints Mathias J. Barton as Member of Board of Directors

Dorman Products, Inc. announced that the Board of Directors of the Company has appointed Mathias J. Barton, 54, as a member of the Board of Directors, which increased the size of the Board of Directors from five to six directors. Mr. Barton will serve as a director of the Company until the expiration of his term on the date of the Company's annual meeting of shareholders in 2014 and until his successor is selected and qualified, except in the event of his earlier death, resignation or removal. Mr. Barton is expected to stand for re-election as director at the annual meeting of shareholders in 2014. Mr. Barton currently serves as the Company's President, a position he has held since February, 2011. Mr. Barton joined the Company in November 1999 as Chief Financial Officer. Prior to joining the Company, Mr. Barton served as Senior Vice President and Chief Financial Officer of Central Sprinkler Corporation.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DORM:US $44.83 USD +0.44

DORM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Delphi Automotive PLC $69.58 USD +0.25
Denso Corp ¥4,513 JPY +8.50
Federal-Mogul Holdings Corp $17.07 USD +0.29
General Cable Corp $21.47 USD -0.10
Visteon Corp $101.19 USD +0.64
View Industry Companies
 

Industry Analysis

DORM

Industry Average

Valuation DORM Industry Range
Price/Earnings 18.1x
Price/Sales 2.2x
Price/Book 3.6x
Price/Cash Flow 17.9x
TEV/Sales 2.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DORMAN PRODUCTS INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.