Dorman Products Files 8-K on Operations and Events
Ticker: DORM · Form: 8-K · Filed: Oct 31, 2024 · CIK: 868780
| Field | Detail |
|---|---|
| Company | Dorman Products, Inc. (DORM) |
| Form Type | 8-K |
| Filed Date | Oct 31, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $500 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, operations, disclosure
TL;DR
Dorman Products dropped an 8-K on 10/29, check it for operational updates.
AI Summary
Dorman Products, Inc. filed an 8-K on October 31, 2024, reporting on results of operations and other events as of October 29, 2024. The filing details financial information and significant corporate events, though specific financial figures or outcomes are not detailed in the provided text.
Why It Matters
This filing provides an official update on Dorman Products' operational status and any material events, which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not inherently indicate new risks or negative developments.
Key Numbers
- 000-18914 — SEC File Number (Identifies the specific filing for Dorman Products, Inc.)
- 23-2078856 — IRS Employer Identification No. (Tax identification number for Dorman Products, Inc.)
Key Players & Entities
- Dorman Products, Inc. (company) — Registrant
- Pennsylvania (location) — State of incorporation
- Colmar (location) — Principal executive offices city
- October 29, 2024 (date) — Date of earliest event reported
- October 31, 2024 (date) — Filing date
FAQ
What specific results of operations are being reported by Dorman Products, Inc. as of October 29, 2024?
The provided text indicates that the 8-K filing pertains to 'Results of Operations and Financial Condition' as of October 29, 2024, but does not detail the specific results.
What 'Other Events' are being disclosed in this 8-K filing by Dorman Products, Inc.?
The filing is categorized under 'Other Events,' but the specific nature of these events is not detailed in the provided excerpt.
When was Dorman Products, Inc. incorporated, and in which state?
Dorman Products, Inc. was incorporated in Pennsylvania.
What is the principal executive office address for Dorman Products, Inc.?
The principal executive offices are located at 3400 East Walnut Street, Colmar, Pennsylvania, 18915.
What is the significance of the 'Former Company' information provided?
The filing notes that Dorman Products, Inc. was formerly known as R & B INC, with a date of name change on March 28, 1993.
Filing Stats: 723 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-10-31 16:04:40
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value DORM The NASDAQ Stock Market
- $500 million — egate authorization to repurchase up to $500 million of the Company's common stock (the "New
Filing Documents
- dorm-20241029.htm (8-K) — 28KB
- dorm-2024928xexx991.htm (EX-99.1) — 265KB
- dorm-20241029_g1.jpg (GRAPHIC) — 11KB
- gpe304xr1jov000001.jpg (GRAPHIC) — 11KB
- 0000868780-24-000037.txt ( ) — 477KB
- dorm-20241029.xsd (EX-101.SCH) — 2KB
- dorm-20241029_lab.xml (EX-101.LAB) — 21KB
- dorm-20241029_pre.xml (EX-101.PRE) — 12KB
- dorm-20241029_htm.xml (XML) — 3KB
02 Results of Operation and Financial Condition
Item 2.02 Results of Operation and Financial Condition. On October 31, 2024, Dorman Products, Inc. (the "Company") issued a press release announcing its operating results for the third fiscal quarter ended September 28, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Company will hold a conference call and webcast on November 1, 2024 (see information in the press release attached hereto as Exhibit 99.1 under "Conference Call and Webcast").
01 Other Events
Item 8.01 Other Events. On October 29, 2024, the Company's Board of Directors approved a new share repurchase program with an aggregate authorization to repurchase up to $500 million of the Company's common stock (the "New Program"). The New Program is effective January 1, 2025 and will expire December 31, 2027. The Company's existing share repurchase program will expire December 31, 2024, along with all unused amounts under that program as of that date. Once it becomes effective, share repurchases under the New Program may be made from time to time, as the Company deems appropriate, based on factors such as market conditions, share price, share availability and other factors. There can be no assurance as to the number of shares the Company will purchase, if any, and the New Program may be modified, renewed, suspended or terminated by the Company at any time without prior notice. This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995, including forward-looking statements regarding the New Program. These statements are neither promises nor guarantees and involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by the forward-looking statements, including, without limitation, risks relating to the Company's ability to implement and make appropriate, timely and beneficial decisions as to when, how and if to purchase shares under the New Program, and other risks described in the Company's filings with the U.S. Securities and Exchange Commission.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated October 31, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DORMAN PRODUCTS, INC. Date: October 31, 2024 By: /s/ David M. Hession Name: David M. Hession Title: Senior Vice President, Chief Financial Officer and Treasurer