NEW YORK, May 30, 2026, 16:05 (EDT)
- Motorcar Parts of America ended Friday at $11.06, falling 1.8% on the session. The stock is still up roughly 1.4% from last Friday.
- The next public event for the company is a virtual fireside chat at Oppenheimer’s consumer conference on June 9.
- Investors want to see if the rebound in large-customer orders, brake-related gains, and tariff cost recovery are sustainable.
Motorcar Parts of America Inc. ticked up over the holiday-shortened week, giving shares some traction ahead of CEO Selwyn Joffe’s upcoming appearance at Oppenheimer’s virtual consumer conference. The company said Thursday that Joffe will join a fireside chat June 9 at 11:15 a.m. Eastern.
Timing is key here. Motorcar Parts, which sells aftermarket automotive parts, wants investors to see its weak fiscal third quarter as the result of a short-term slowdown from one big customer. The company says the problem isn’t a sign of broader demand trouble.
The stock settled at $11.06 on Friday, falling 1.8% on the day after moving between $10.88 and $11.31. Shares ended ahead of the May 22 close of $10.91, putting the gain for the week at about 1.4%. Nasdaq stocks trade on weekdays and markets were closed for Memorial Day, with no sessions on Saturday.
Wall Street ended the week stronger. The S&P 500 climbed 1.43%, the Nasdaq advanced 2.39% and the small-cap Russell 2000 was up 1.72%, Reuters said Friday. All three major U.S. indexes set new record closes.
Dorman Products added roughly 5% for the week, while Standard Motor Products was up 3.4% using May 22 and May 29 closing prices. Motorcar Parts didn’t keep pace with these aftermarket stocks but was ahead of much of the small-cap market, which stayed flat.
Motorcar Parts said net sales fell to $167.7 million in the fiscal third quarter from $186.2 million a year ago, and the company lowered its fiscal 2026 sales outlook to $750 million to $760 million. The company said a large customer cut orders as it closed stores and consolidated distribution centers. It also said sales to that customer are rising in the current fourth quarter.
Joffe in February said “our outlook remains positive” with ordering moving back toward “more normalized levels.” He also mentioned new business wins, stronger brake sales, and work to sell non-strategic assets. Motorcar Parts of America
No set earnings date is out for the company next week, according to the latest update. Traders could watch for positioning ahead of the Oppenheimer talk and any shifts in small-cap names. The company plans to leave the June 9 webcast replay up for 30 days.
The case isn’t clear. Customer A made up 49% of consolidated net sales in the December quarter, according to a February filing. The company reported gross margin took a $2.1 million hit from net tariff costs in the first nine months of fiscal 2026, before it put price hikes in place. Any drag on orders, more tariff pressure, or softer repair demand could make a weak update likely.
Motorcar Parts shares have picked up a bit, but not much. Investors are still keeping the stock well under the 52-week high of $18.12 on Google Finance. Management will get a shot to address the disconnect next month at the June conference, where the focus stays on their recovery story.
