Dorman Products (DORM) Tops Q4 EPS by 1c

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Dorman Products, Inc. Reports Fourth Quarter and Fiscal 2018 Results, Issues Fiscal 2019 Guidance

February 25, 2019 7:05 AM EST

Highlights:

Net sales of $260.3 million, up 14% compared to $227.7 million last year.  Diluted earnings per share (EPS) on a GAAP basis increased 62% to $1.05 compared to $0.65 last year.  Adjusted diluted EPS of $1.10, up 26% compared to $0.87 last year.The Company expects 2019 net sales growth between 6%-10% and expects diluted EPS of between $4.22 and $4.38 on a GAAP basis and adjusted diluted EPS of between $4.37 and $4.53 or between a 4% and 8% growth rate.

COLMAR, Pa., Feb. 25, 2019 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (the Company or Dorman) (NASDAQ:... More