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Motorcar Parts Of America Says Full-Year Outlook Remains On Track, With Prior Net Sales Outlook At $746M - $766M, Est $766.30M

Benzinga·11/12/2024 13:07:42
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As noted in the company's prior fiscal year 2024 earnings press release, net sales for the fiscal year ending March 31, 2025 are estimated to be between $746 million to $766 million, representing between 3.9 percent and 6.7 percent year-over-year growth.

 The company expects gross margin accretion from operating efficiencies, increased volume and cost absorption. 

Operating income is expected to be between $79 million and $84 million, before certain non-cash items and one-time expenses.