Motorcar Parts of America Projects $715M-$740M in Fiscal 2027 Net Sales Following New Contract Awards
Motorcar Parts of America (MPAA) has provided its fiscal 2027 net sales guidance, projecting revenue between $715 million and $740 million. This outlook is supported by the company securing $60 million in new annualized awards, signaling long-term growth potential despite recent volatility. During the Q2 fiscal 2027 earnings call, CEO Selwyn Joffe addressed recent performance fluctuations, attributing them to demand timing issues and delayed customer orders. These delays were specifically linked to inventory realignment processes at certain client locations rather than a fundamental loss of market demand.
Tickers: $MPAA
Topics: demand timing earnings call inventory realignment
Read the full article at Seeking Alpha
Part of the story Motorcar Parts (MPAA) Reports Q2 2027 Results Amidst Sales Decline and Revised Guidance (4 articles)