2023-08-01 07:22:57 ET
- Dorman Products press release ( NASDAQ: DORM ): Q2 Non-GAAP EPS of $1.01 misses by $0.06 .
- Revenue of $480.6M (+15.1% Y/Y) misses by $16.47M .
- Generated $67 million of cash from operating activities; repaid $52 million of debt.
- The Company confirms its full-year 2023 guidance of net sales of $1.95 billion to $2.00 billion vs. consensus of $2.00B, diluted EPS of $4.35 to $4.55, and adjusted diluted EPS of $5.15 to $5.35 vs. consensus of $5.14 .
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Dorman Products misses Q2 top and bottom line estimates; reaffirms FY23 outlook