Motorcar Parts of America Q1 FY27 turns to net loss of $13.4 million; net sales fall to $168 million
Reuters2026/08/10 12:02- Motorcar Parts of America swung to a net loss of USD 13.4 million, or USD 0.71 per share, in fiscal 2027 Q1.
- Net sales fell 10.83% to USD 168 million on timing of customer orders; Canadian heavy-duty relocation to Mexico also delayed shipments.
- Gross margin narrowed 1.8 percentage points to 16.2%, including a roughly 2% headwind from foreign-currency fluctuations.
- Operating income dropped 82.43% to USD 3.5 million; adjusted operating income was USD 11.2 million, including a USD 3.5 million FX hit.
- Reaffirmed fiscal 2027 net sales outlook of USD 780 million-USD 800 million; expects more than USD 900 million annualized net sales by year-end.
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