COLMAR, Pa. (AP) – COLMAR, Pa. (AP) – Dorman Products Inc. (DORM) on Tuesday reported fourth-quarter net income of $17.8 million.
The Colmar, Pennsylvania-based company said it had profit of 57 cents 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 $501.3 million in the period.
For the year, the company reported profit of $121.5 million, or $3.85 per share. Revenue was reported as $1.73 billion.
Dorman Products expects full-year earnings in the range of $5.15 to $5.35 per share.