Dorman Products reports Q1 adjusted EPS $2.02, consensus $1.46

Reports Q1 revenue $507.69M, consensus $483.08M. Kevin Olsen, Dorman’s President and CEO, stated, “We started the year with outstanding performance, including solid top- and bottom-line growth in the first quarter. Total net sales increased 8.3%, driven by strong customer demand in our Light Duty segment. This top-line growth, along with our continuing operational excellence initiatives, drove an impressive 78% increase in diluted EPS and a 54% increase in adjusted diluted EPS*. These results further support our outlook for continued growth in our underlying business in 2025.”