Motorcar Parts of America Reports 9.9% Sales Rise in Q4 Fiscal 2026
Motorcar Parts of America posted net sales of an unspecified amount, up 9.9% from a year earlier, and swung to net income of $9.7 million. The company reduced net bank debt to $80 million and issued fiscal 2027 guidance for sales growth between 7.5% and 10.2%.
benzinga.comMotorcar Parts of America reported fourth-quarter net sales rose 9.9% and gross profit rose 30.9% compared with the same quarter a year earlier. Net income reached $9.7 million versus a net loss of $722,000 in the prior-year period. The company generated $19.2 million in cash from operating activities for the full fiscal year but used $4.5 million in the fourth quarter, mainly because accounts receivable increased $32.5 million on strong March sales.
It reduced net bank debt to $80 million while repurchasing $11.4 million of its shares during the year.
Management stated it is expanding its brake-related business, relocating heavy-duty operations to Mexico, and evaluating AI tools for working-capital management. It also noted the average age of U.S. light vehicles has reached 12.8 years. For fiscal 2027 the company projects net sales growth of 7.5% to 10.2% and operating-income growth of 12.3% to 18.8%.
It expects to generate positive annual cash flow and continue reducing debt and buying back shares.
