Dorman Products, Inc. Reports Fourth Quarter and Fiscal 2020 Results
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Dorman Products (DORM) Tops Q4 EPS by 27c, Revenues Beat
February 22, 2021 7:04 AM ESTDorman Products (NASDAQ: DORM) reported Q4 EPS of $1.19, $0.27 better than the analyst estimate of $0.92. Revenue for the quarter came in at $301.2 million versus the consensus estimate of $269.69 million.
Highlights:
Dorman surpasses $1 billion in annual net sales in 2020 for the first time in company history.Record quarterly net sales and earnings per share (EPS) driven by robust demand and strong execution.Net sales of $301.2 million, up 26% as compared to $239.6 million in Q4 2019.GAAP diluted EPS of $1.11, up 106% as compared to $0.54 in Q4 2019; adjusted diluted EPS* of $1.19, up 129% as compared to $0.52 in... More