New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 21, 2013
07:16 EDTDORMDorman Products reports Q4 EPS 42c, consensus 52c
Reports Q4 revenue $135M, one estimate $158.2M. The decline was the result of an extra week in the 4Q11 that generated approximately $4.8M in sales, and a planned one-time $5.1M reduction in orders to remove inventory from a large customer's supply chain in anticipation of a January 2013 change in how our customer distributes our products through its distribution network. Excluding the impact of these items, sales growth would have been approximately 7% in Q4.
News For DORM From The Last 14 Days
Check below for free stories on DORM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 18, 2014
09:33 EDTDORMDorman Products weakness a buying opportunity, says BB&T
BB&T said recent weakness in Dorman is a buying opportunity longer-term given a likely Q2 margin trough and notes the First to Stock sales program has been in place several years and is not a significant part of its business mix. Shares are Buy rated.
September 17, 2014
09:07 EDTDORMDorman reported results have 'sizeable subjectivity,' says B. Riley
After conducting channel checks, B. Riley says it uncovered a little known program carried out by Dorman, in which the company ships new products and line updates to warehouse distributors, but the warehouse distributors do not explicitly order the products and are typically given the right to return unlimited amounts of the products for one year, according to the firm. B. Riley believes that the challenges associated with estimating returns from such a program are considerable, and make the company's reported results significantly subjective. B. Riley reiterates a Sell rating on the stock.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use