Motorcar Parts of America Reports Fiscal 2027 Second-Quarter Results
Fiscal second-quarter net sales were $169.2 million, down from $221.5 million a year earlier; operating income was $13.5 million. The company said results necessitated a revision to fiscal-year guidance.
Motorcar Parts of America, Inc. announced its financial results for the fiscal 2027 second quarter ended September 30, 2026, reporting net sales of $169.2 million compared to $221.5 million in the prior-year quarter. The company attributed the decline primarily to delayed customer orders and lower tariff pass-throughs, alongside the impact of prior-year inventory realignments. Despite these challenges, the company secured approximately $60 million in annualized new business awards and expects increased sales for the second half of the fiscal year.
Management noted that the results necessitated a revision of the company's fiscal year guidance. The company also reported operating income of $13.5 million and highlighted ongoing efforts to ramp up new business awards.