Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Dorman Products Q1 sales rise 4.2%, EPS down 24% due to tariffs; reaffirms 2026 guidance

Company Fundamentals
04 May 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Dorman Products reported a 4.2% increase in first-quarter 2026 net sales to $528.8 million, but diluted EPS fell 24% to $1.43, mainly due to higher tariff costs from 2025. Despite the EPS decline, the company generated $44 million in operating cash and repurchased $51 million in shares. Dorman reaffirmed its full-year 2026 guidance, expecting net sales growth of 7-9% and diluted EPS between $7.57 and $7.97, reflecting confidence in its aftermarket innovation strategy amid economic uncertainties.

More News

RootsFi integrates Cap's stcUSD on Tempo to enable native yield on payment balances.

RootsFi integrates Cap's stcUSD on Tempo to enable native yield on payment balances.

RootsFi has integrated Cap's stcUSD as a primary yield source on the Tempo payment network, allowing users' balances to earn native yield backed by financial guarantees. This integration combines Tempo's fast Layer 1 payment infrastructure, RootsFi's...

Market News
Bullish
1 hour ago
MLCommons releases MLPerf Training v6.0 with new AI benchmarks reflecting sparse computation trends.

MLCommons releases MLPerf Training v6.0 with new AI benchmarks reflecting sparse computation trends.

MLCommons announced the MLPerf Training v6.0 benchmark results, introducing two new benchmarks—DeepSeek V3 and GPT-OSS 20B—that highlight the industry's shift toward sparse computation using Mixture-of-Experts (MoE) architectures. These benchmarks te...

Others
Neutral
1 hour ago
AppFolio expands AI-powered platform to automate leasing, accounting, and resident services in real estate.

AppFolio expands AI-powered platform to automate leasing, accounting, and resident services in real estate.

AppFolio has enhanced its Performance Platform with new AI-driven features across leasing, accounting, and resident operations, integrating Anthropic’s Claude AI to automate complex workflows. These updates include automated invoice processing, multi...

Market News
Bullish
1 hour ago
Metallium completes successful multi-unit Flash Joule Heating operations, boosting tech scalability confidence.

Metallium completes successful multi-unit Flash Joule Heating operations, boosting tech scalability confidence.

Metallium Limited has successfully operated three Flash Joule Heating units simultaneously at its Texas facility, marking a key milestone in scaling its proprietary technology. The operation achieved 83% availability and nearly 100% utilization, exce...

Market News
Bullish
2 hours ago
Air Comm opens new Dallas-Fort Worth office to boost local communication and security support in North Texas

Air Comm opens new Dallas-Fort Worth office to boost local communication and security support in North Texas

Air Comm, a leading provider of wireless communication and security technology, has opened a new office in Farmers Branch, Texas, expanding its presence in the Dallas-Fort Worth area. This new location enhances Air Comm's ability to offer faster loca...

Market News
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App