Dorman Products (NASDAQ: DORM) reported Q4 EPS of $1.57, $0.16 better than the analyst estimate of $1.41. Revenue for the quarter came in at $494.3 million versus the consensus estimate of $494.86 million.

GUIDANCE:

Dorman Products sees FY2024 EPS of $5.40-$5.70, versus the consensus of $5.18.
The Company expects 2024 full year net sales growth in the range of 3% to 5% over 2023, diluted EPS in the range of $4.71 to $5.01.
This guidance assumes a tax rate of 24%, includes the impact of recent cost reduction actions and excludes any potential impacts from future acquisitions and divestitures, supply chain disruptions, significant inflation and interest rate changes, and share repurchases.

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