COLMAR, Pa. (AP) — COLMAR, Pa. (AP) — Dorman Products Inc. (DORM) on Tuesday reported profit of $32.8 million in its second quarter.
The Colmar, Pennsylvania-based company said it had profit of $1.04 per share. Earnings, adjusted for one-time gains and costs, came to $1.01 per share.
The distributor of parts to automotive retailers posted revenue of $480.6 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $498.1 million.
Dorman Products expects full-year earnings in the range of $5.15 to $5.35 per share, with revenue in the range of $1.95 billion to $2 billion.
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