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Motorcar Parts of America Reports Fiscal Third Quarter Results

Motorcar Parts of America, Inc. (MPAA) 
Last motorcar parts of america, inc. earnings: 2/10 08:00 am Check Earnings Report
Company Research Source: Business Wire
- Sales Impacted by Reduced Ordering Activity by a Large Customer, Now Rebounding; Net Sales Up with Cash Generation for Nine-Month Period - LOS ANGELES--(BUSINESS WIRE)--Motorcar Parts of America, Inc. (Nasdaq: MPAA) today reported results for its fiscal 2026 third quarter -- reflecting a large customer ordering reduction in the quarter, primarily due to its closure of stores and consolidation of distribution centers, with sales to this customer now increasing in the current fiscal fourth quarter.Positive Drivers and Initiatives Include:Significant new business commitments from changing competitive landscape and industry dynamics -- including bankruptcy of a competitor, growth in demand for replacement parts with aging vehicles and increasing miles drivenMargin accretion due to strong momentum in the utilization of brake-related capacityOverall margin accretion from continued improvements in operating efficienciesPursuing strategic alternatives for EV technologyThree-Month Results Show less Read more
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