Motorcar Parts of America reaffirmed its fiscal 2027 guidance during its first-quarter earnings call, projecting net sales between $780 million and $800 million, representing 7.5% to 10.2% year-over-year growth. The company reported fiscal first-quarter net sales of $168 million, impacted by order timing, and a gross margin of 16.2%, which included noncash and one-time items; excluding those, gross margin was 20.2%. Management highlighted the recent Centric Parts brake brands acquisition, which it expects to relaunch by the current fiscal year end, and noted that Centric generated $400 million in gross annualized sales at its peak. The company also said it expects to add more than $100 million of additional annualized net sales by the end of fiscal 2027, not included in guidance, bringing annualized net sales to more than $900 million. Operating income is expected to be between $86 million and $91 million, and EBITDA between $95 million and $100 million.
Motorcar Parts of America IncReaffirmed fiscal 2027 guidance with strong sales and EBITDA projections, and highlighted the Centric Parts acquisition expected to add significant sales.
