Motorcar Parts of America, Inc.

MPAA: 8-K · proxy statement

Motorcar Parts of America (MPAA) reported results from its September 10, 2026 Annual Meeting of Shareholders. All eight director nominees were elected, shareholders ratified Ernst & Young LLP as independent auditor for the fiscal year ending March 31, 2027, and executive compensation was approved on a non-binding advisory basis. The most substantive item was Proposal 4, approving the Second Amendment to the 2022 Incentive Award Plan, which sets the plan's share limit at 1,780,111 shares plus any shares that return to the pool from the prior plan and director plan. It was the closest vote of the meeting, passing 9,677,452 for versus 5,690,301 against. Overall this is a routine governance outcome with no leadership changes or surprises; the equity pool refresh simply supports ongoing compensation and retention programs, with modest dissent on the share increase worth monitoring at next year's vote.

SEC 8-K•1mo ago

Motorcar Parts of America Reports Fiscal 2027 First Quarter Results

Motorcar Parts of America reported fiscal Q1 revenue of $168.0 million, down from $188.4 million a year ago, and posted a net loss of $13.4 million or $0.71 per share. Despite the quarterly miss, management reaffirmed full-year fiscal 2027 guidance for net sales of $780M-$800M and operating income of $86M-$91M, attributing the Q1 decline to order timing and one-time items. The company noted momentum from new business commitments and the Centric Parts brand relaunch, and continues to execute share repurchases, having bought back 129,523 shares for $1.9 million during the quarter.

•2mo ago

Motorcar Parts of America to Report Fiscal 2027 First Quarter Results; Host Conference Call

Motorcar Parts of America announced it will release fiscal 2027 first quarter results on Monday, August 10, 2026. CEO Selwyn Joffe and CFO David Lee are scheduled to host a conference call at 10:00 a.m. Pacific time the same day to discuss the results. A live webcast will be available on the company's investor relations website, with a replay accessible for seven days.

•2mo ago

MPAA: DEF 14A · proxy statement

Motorcar Parts of America filed its definitive proxy statement for the 2026 Annual Meeting of Shareholders to be held on September 10, 2026. The company is soliciting votes for the election of eight directors, the ratification of Ernst & Young LLP as independent auditor, and an advisory approval of named executive officer compensation. Shareholders will also vote on the Second Amendment to the 2022 Incentive Award Plan, which proposes adding 1.4 million shares to the reserve. The company estimates this amendment would temporarily increase the fully diluted overhang from 13.5% to 18.7% to support talent retention. Management highlighted significant fiscal 2026 progress, including net sales of $789.8 million and positive cash flow from operations. The business update anticipates annualized sales exceeding $900 million by the end of fiscal 2027, driven by new brake product commitments and the acquisition of the Centric brand intellectual property.

SEC DEF 14A•2mo ago

MPAA: 8-K · material agreement

Motorcar Parts of America entered into Amendment No. 7 to the Employment Agreement for Chairman, President, and CEO Selwyn Joffe. The amendment extends the term of his employment agreement from July 1, 2027 to July 1, 2029. The Board approved a salary increase for Mr. Joffe pursuant to Amendment No. 5. His annual salary will increase from $828,256 to $902,799 effective June 26, 2026, and subsequently to $984,050 effective April 1, 2027.

SEC 8-K•3mo ago

Motorcar Parts of America to Report Fiscal 2026 Fourth Quarter and Year-End Results; Host Conference Call

Motorcar Parts of America will report fiscal 2026 fourth quarter and year-end results on Monday, June 8, 2026. CEO Selwyn Joffe and CFO David Lee will host an investor conference call at 10:00 a.m. Pacific time on the same day to discuss the results. The call will be available via live webcast or telephone, with an archived replay available through June 15.

•4mo ago

Motorcar Parts of America to Present at 26th Annual Oppenheimer Consumer Conference

Motorcar Parts of America (MPAA) will present at the 26th Annual Oppenheimer Consumer Growth & E-Commerce Conference. The fireside chat with CEO Selwyn Joffe is scheduled for June 9, 2026, at 11:15 a.m. ET in a virtual format. A live webcast and 30-day replay will be available via the company’s investor relations website.

•4mo ago