Dorman Products: Strengthening the Supply Chain and Market Channels To Up Their Game! 

Dorman Products, Inc. reported its fourth quarter and 2024 fiscal year results, showing robust growth and strategic alignment. The company surpassed the $2 billion annual sales mark for the first time, with net sales for the year growing by 4.1% year-over-year. The growth was largely driven by strong demand and new product introductions in the Light Duty segment, despite market pressures affecting other segments. Additionally, Dorman achieved significant margin expansion, with an adjusted operating margin of 17.5% for the quarter, driven by increased sales performance, cost savings from diversified suppliers, and productivity initiatives. This margin enhancement led to a 40% rise in adjusted diluted earnings per share to $2.20.