The Latest Breaking News from Dorman Products

The Nasdaq and S&P 500 led the downside while U.S. crude oil continued to fall below $100 a barrel.

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According to Benzinga Pro, during Q1, Dorman Products (NASDAQ:DORM) earned $35.21 million, a 3.31% increase from the preceding quarter. Dorman Products also posted a total of $401.58 million in sales, a 0.85% increase since Q4.

Dorman Products Inc (NASDAQ:DORM) reported first-quarter FY22 revenue growth of 39% year-on-year to $401.58 million, beating the consensus of $371.84 million. Gross profit rose 27.5% Y/Y to $133.2 million, and the margin contracted 310 basis points Y/Y to 33.2%. The operating margin contracted 290 basis points to 11.6%, and operating income for the…