Dorman Products reports Q2 adjusted EPS $1.67, consensus $1.19

Reports Q2 revenue $503.0M, consensus $502.18M. Kevin Olsen, Dorman’s CEO, stated, “We are pleased with our results in the second quarter, achieving a significant increase in EPS over the prior year. Net sales growth was led by our Light Duty segment with high-single digit growth driven by continuing positive industry fundamentals and our new product introductions. This growth was partially offset by declines in our Heavy Duty and Specialty Vehicle segments, which were negatively impacted by continued sector softness in those businesses.”