Motorcar Parts of America Q2 sales fall 24%, miss expectations
MPAA•Motorcar Parts of America reported fiscal Q2 sales of $169.2 million, down 24% and below the $201.22 million consensus estimate. It cut its fiscal 2027 sales outlook to $715 million-$740 million from $780 million-$800 million.
1. Sales and outlook
Motorcar Parts of America attributed the sales decline to delayed customer orders and lower tariff pass-throughs. The company now expects fiscal 2027 operating income of $37 million-$44 million and said it expects higher sales in the second half of fiscal 2027 than in the year-earlier period.
2. Profit factors
Q2 gross profit was $40.9 million, and EPS was a loss of $0.03. Gross margin benefited from $11.1 million in IEEPA tariff refunds and was reduced by $2.4 million from unfavorable foreign currency fluctuations.
