Dorman Products Reports Q3 2026 Growth Amid Margin Compression and Soft DIY Demand
Dorman Products (DORM) reported third-quarter net sales of $561.7 million, a 3.3% increase driven by volume growth across its Light Duty, Heavy Duty, and Specialty Vehicle segments. Despite the revenue growth, adjusted diluted EPS fell 21% to $2.08 as the company faced margin compression due to the expiration of prior-year tariff-related pricing advantages. Management has narrowed its full-year 2026 guidance for both sales and earnings per share, citing soft demand in the DIY (Do-It-Yourself) channel and rising fuel prices impacting consumer activity. While the Heavy Duty segment reached a breakeven operating margin due to increased shipping and tariff costs, the company demonstrated strong cash flow management and continued its record-breaking year-to-date share repurchase program.