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

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.