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Dorman Products, Inc. (DORM) Message Board

  • steve.helton steve.helton Jul 31, 2009 8:44 AM Flag

    Q2 2009 Earnings Report

    Not a bad report. From my records, it looks like record earnings and revenues. AR was up a little, but inventories were down. Berman's comments about despite the weak economy should probably read because of the weak economy. I wonder if the increase in new car sales due to the cash for clunkers and better economy will impact sales the other direction. I have been wrong on this for years and don't have a current position.



    <<<
    Mr. Richard Berman, Chairman and Chief Executive Officer, said, "Demand for our products continues to increase despite the difficult economic climate. Initial feedback on our most recent Service Dealer Guide, which highlights over 75 exclusive New-to-the-Aftermarket products, has been positive and reinforces that we are offering the right products at the right time to our customers. We are encouraged by the overall growth prospects for our business and our OE Solutions line in particular. Dorman will continue to invest in new product development as we look to further expand our leadership position in the aftermarket."
    >>>

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DORM
44.83+0.44(+0.99%)Aug 29 4:00 PMEDT

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