MOTORCAR PARTS OF AMERICA INC 8K

Motorcar Parts of America reported a weak fiscal 2027 first quarter with a swing to net loss but reaffirmed full-year guidance, detailed growth initiatives (including Centric Parts), loan facility renewal to 2031, and ongoing share repurchases.

On August 10, 2026, Motorcar Parts of America, Inc. reported its fiscal 2027 first quarter results for the period ended June 30, 2026, showing net sales of $168.0 million versus $188.4 million a year earlier and a net loss of $13.4 million compared to prior-year net income of $3.0 million, driven by timing of customer orders, temporary impacts from a competitor’s bankruptcy-related inventory liquidation, foreign currency headwinds, and transition expenses, while reaffirming full-year fiscal 2027 guidance for net sales of $780–$800 million and operating income of $86–$91 million (excluding certain non-cash and one-time items), highlighting expected growth from brake-related products and the Centric Parts brand relaunch, renewing and extending its revolver credit facility to August 2031, and disclosing first quarter share repurchases of 129,523 shares for $1.9 million with $20.1 million remaining under the authorization.

Filing Facts

CIK

918251

Ticker

-

Form

8K

Source Type

sec

Accession

0001140361-26-031937

Alert Tier

6