(Updates with recent stock movement in headline and first paragraph.)
Dorman Products (DORM) shares were up 14% in afternoon trading on Tuesday after the company posted Q2 adjusted earnings that surpassed analysts' consensus and boosted its full-year 2026 EPS guidance.
The company reported Q2 adjusted earnings late Monday of $3.08 per diluted share, up from $2.06 a year earlier.
Analysts surveyed by FactSet expected $1.89.
Revenue for the quarter ended June 27 was $544.6 million, up from $541.0 million a year earlier.
Analysts expected $582.2 million.
For 2026, the company now expects an adjusted EPS of $8.50 to $8.80, up from $8.10 to $8.50 previously. Analysts expect $8.28.
It also expects net sales growth of 3% to 5% from a year ago, compared with prior guidance of 7% to 9%.
Price: $146.53, Change: $+18.85, Percent Change: +14.76%