Dorman Products (DORM) Tops Q2 EPS by 4c
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Dorman Products, Inc. Reports Second Quarter 2020 Results
July 29, 2020 5:01 PM EDTHighlights:
Net sales of $233.2 million, down 8.3% compared to $254.2 million in Q2 2019. Order volume was down early in the quarter compared to prior year and improved throughout the quarter ending with a strong June that has continued through July. Diluted earnings per share (EPS) on a GAAP basis of $0.43 compared to $0.66 in Q2 2019.Adjusted diluted EPS* of $0.47 compared to $0.68 in Q2 2019.Dorman remains well-positioned to navigate the ongoing COVID-19 pandemic with a strong balance sheet and ample liquidity.COLMAR, Pa., July 29,... More
