NASDAQ$DORM
Dorman Products Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Dorman's Q4 2021 results were reported, featuring record net sales and adjusted diluted EPS.
Dorman Products, Inc. reported record net sales of $398.2 million for the fourth quarter of 2021, a 32% increase year-over-year. Diluted earnings per share were $1.07, while adjusted diluted EPS reached $1.33. The company's performance was driven by robust customer demand and the inclusion of Dayton Parts.
- Net sales reached a record $398.2 million, up 32% year-over-year.
- Diluted earnings per share were $1.07, compared to $1.11 in Q4 2020.
- Adjusted diluted EPS was $1.33, compared to $1.19 in Q4 2020.
- Dayton Parts acquisition had a full quarter impact.
Headline financials
Revenue & EPS history
Dorman · Revenue · Quarterly
$398M
Forward guidance
The Company expects full-year 2022 net sales from $1,600 million to $1,640 million, representing growth of 19% - 22% over 2021 net sales. The Company also expects 2022 diluted EPS of $4.94 to $5.14, reflecting an increase of 20% - 25% year-over-year, and adjusted diluted EPS* of $5.35 to $5.55, reflecting an increase of 15% - 20% year-over-year.
Tailwinds
- Aftermarket industry dynamics will remain strong throughout the year.
- Balance sheet and liquidity remain strong
- Well-positioned to continue to execute on strategic priorities
- Expect to execute further pricing and cost improvement actions, if necessary, to protect gross margin dollars.
- The Company expects full-year 2022 net sales from $1,600 million to $1,640 million, representing growth of 19% - 22% over 2021 net sales.
Headwinds
- Continued inflationary cost pressures from global transportation and logistics constraints
- Labor availability issues
- Higher commodity costs
- Higher wage rate costs
- Anticipate continued inflationary cost pressures from global transportation and logistics constraints, labor availability, and higher commodity and wage rate costs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
-0.9%
Avg return
Earnings day
+0.1%
Avg return
5 days after
+1.0%
Avg return
30 days after
42%
27 / 65 earnings
Positive
+16.4%
Q4 2023
Best reaction
-16.6%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +10.0% | +10.5% | |
| Q4 2025 | +2.0% | +1.5% | -8.7% | |
| Q3 2025 | -9.8% | -12.8% | -12.6% | |
| Q1 2025 | +6.6% | +8.5% | +10.5% | |
| Q4 2024 | +3.2% | +5.0% | -2.7% | |
| Q3 2024 | +10.4% | +19.0% | +20.9% | |
| Q2 2024 | +1.5% | +5.4% | +11.9% | |
| Q1 2024 | -1.8% | -0.5% | -2.5% | |
| Q4 2023 | +16.4% | +12.7% | +17.8% | |
| Q3 2023 | -10.1% | -6.3% | -1.0% | |
| Q2 2023 | +4.7% | +5.5% | -2.6% | |
| Q1 2023 | -0.7% | +2.0% | -4.5% | |
| Q4 2022 | -2.8% | -3.1% | -9.6% | |
| Q3 2022 | -14.8% | -5.3% | +4.0% | |
| Q2 2022 | -12.3% | -13.4% | -16.5% | |
| Q1 2022 | -1.8% | +5.1% | +4.4% | |
| Q4 2021 | -3.1% | -0.3% | -0.1% | |
| Q3 2021 | -1.7% | +2.0% | +18.8% | |
| Q2 2021 | -3.3% | -3.6% | -7.2% | |
| Q1 2021 | -12.0% | -10.9% | -9.0% | |
| Q4 2020 | +9.6% | +7.1% | +9.0% | |
| Q3 2020 | -0.2% | -0.7% | +5.7% | |
| Q2 2020 | +8.8% | +7.6% | +11.7% | |
| Q1 2020 | +15.5% | +6.7% | +20.5% | |
| Q4 2019 | -16.6% | -20.9% | -32.2% | |
| Q3 2019 | -13.0% | -11.1% | -10.6% | |
| Q2 2019 | -13.3% | -16.6% | -14.1% | |
| Q1 2019 | -6.3% | -6.7% | -13.0% | |
| Q4 2018 | -8.0% | -7.7% | -4.6% | |
| Q3 2018 | +10.6% | +11.5% | +24.4% | |
| Q2 2018 | -2.1% | -0.5% | +10.2% | |
| Q1 2018 | +0.6% | +1.5% | +0.4% | |
| Q4 2017 | -3.2% | -4.9% | -10.9% | |
| Q3 2017 | -4.4% | -2.9% | -3.7% | |
| Q2 2017 | -4.9% | -3.6% | -14.9% | |
| Q1 2017 | -0.7% | +0.3% | +1.4% | |
| Q4 2016 | +7.1% | +8.8% | +9.7% | |
| Q3 2016 | +3.2% | +2.2% | +17.2% | |
| Q2 2016 | +8.9% | +12.6% | +11.3% | |
| Q1 2016 | +0.9% | — | — | |
| Q4 2015 | +11.5% | — | — | |
| Q3 2015 | -9.2% | — | — | |
| Q2 2015 | +6.8% | — | — | |
| Q1 2015 | -7.4% | — | — | |
| Q4 2014 | -5.4% | — | — | |
| Q3 2014 | -0.1% | — | — | |
| Q2 2014 | -10.2% | — | — | |
| Q1 2014 | +2.3% | — | — | |
| Q4 2013 | -1.0% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q1 2013 | +8.5% | — | — | |
| Q4 2011 | +1.9% | — | — | |
| Q4 2012 | -7.2% | — | — | |
| Q3 2012 | +1.3% | — | — | |
| Q2 2012 | +11.6% | — | — | |
| Q1 2011 | +0.1% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q4 2009 | -3.0% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q2 2010 | -5.3% | — | — | |
| Q2 2011 | -5.3% | — | — | |
| Q4 2010 | -5.3% | — | — | |
| Q1 2010 | +0.5% | — | — |
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