Description

Dorman Products’s $144 Million Cash Flow Breakthrough — New Growth Firepower Emerges!

Dorman Products reported second quarter 2026 results characterized by record sales, earnings, and strong cash flow generation. The company benefited from a recovery of IEEPA tariff costs, which positively impacted margins and earnings per share. Consolidated net sales reached $545 million, reflecting a modest 1% increase year-over-year, influenced by pricing reductions stemming from a more stable and lower tariff environment. Adjusted diluted earnings per share were a record $3.08, up 50% compared to the prior year quarter, with approximately $1.18 attributed to the one-time tariff refund benefit. Segment results showed mixed trends. The Light Duty segment recorded flat net sales at $424 million, with volume declines offset by price actions after tariff adjustments and business wins in new categories expected to drive growth in the back half of 2026 and beyond. Operating margins expanded significantly, largely due to tariff refunds, with a normalized margin expected near 19.4% year-to-date.