Business
Dorman Products Reports Robust Q3 2025 Earnings Growth
Dorman Products, Inc. (NASDAQ: DORM) announced a strong performance for the third quarter of 2025, showcasing significant growth in revenue and profitability. During a conference call held on October 28, 2025, executives highlighted key developments across various business segments, presenting a positive outlook for the remainder of the year.
Financial Performance Overview
During the earnings call, Kevin Olsen, President and CEO of Dorman Products, provided a comprehensive overview of the company’s financial results. Dorman reported a revenue increase of 15% year-over-year, reaching $350 million for the quarter. This growth was attributed to strategic initiatives aimed at enhancing product availability and expanding market share.
David Hession, Senior Vice President and CFO, elaborated on the consolidated results, noting that net income for the quarter stood at $45 million, translating to earnings per share of $1.20. Hession emphasized that the solid financial performance was supported by improved operational efficiencies and a favorable pricing environment.
Business Segment Highlights
Olsen detailed the performance of Dorman’s key business segments, particularly the automotive aftermarket and original equipment manufacturer (OEM) sectors. The automotive aftermarket segment experienced a substantial increase in demand, driven by a growing trend of vehicle repair rather than replacement. This segment alone accounted for 70% of total revenue.
Additionally, the OEM segment reported a 20% increase in sales, reflecting successful partnerships with major automotive manufacturers. Olsen expressed confidence in the company’s ability to maintain this momentum, citing ongoing investments in product development and supply chain enhancements.
As the call concluded, Olsen reiterated the company’s commitment to providing innovative solutions for its customers while navigating challenges in the supply chain. He highlighted that Dorman remains focused on leveraging its strengths to capitalize on new market opportunities.
Investors and analysts are encouraged to review the detailed earnings release and accompanying presentation available on Dorman Products’ Investor Relations website. The company also advised stakeholders to consider the forward-looking statements included in these documents, which outline potential risks and uncertainties that could impact future performance.
With a strong financial foundation and strategic initiatives underway, Dorman Products is poised for continued growth in the automotive sector as it moves into the final quarter of 2025.
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