Motorcar Parts of America, Inc. (NASDAQ:MPAA) Q4 2022 Earnings Conference Call June 14, 2022 1:00 PM ET
Company Participants
Gary Maier - VP, Corporate Communications and IR
Selwyn Joffe - Chairman, President & CEO
David Lee - CFO
Conference Call Participants
Mike Zabran - Roth Capital
William Dezellem - Tieton Capital Management
Operator
Ladies and gentlemen, thank you for standing by. My name is Brent and I will be your conference operator today. At this time, I would like to welcome everyone to Motorcar Parts of America's Fiscal 2022 Fourth Quarter and Yearend Conference Call.
All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator instructions] It is now my pleasure to turn today's call over to Mr. Gary Maier Investor Relations. Sir, please go ahead.
Gary Maier
Thank you, Brent. Thanks everyone for joining us. Before I begin the call and I turn it over to Selwyn Joffe, Chairman, President and Chief Executive Officer; and David Lee, the company's Chief Financial Officer, I'd like to remind everyone of the safe harbor statement included in today's press release.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements, including statements made during today's call. Such forward-looking statements are based on the company's current expectations and beliefs concerning future developments and their potential effects on the company. There can be no assurance that future developments affecting the company will be those anticipated by us.
Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve significant risks and uncertainties, some of which are beyond the control of the company and are subject to change based upon various factors. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For a more detailed discussion of some of the ongoing risks and uncertainties of the company's business, I refer you to the various filings with the Securities and Exchange Commission.
With that said, I'd like to begin our call and turn it over to Selwyn for our prepared remarks.
Selwyn Joffe
Thank you, Gary. I appreciate everyone joining us today. I hope you're all safe and healthy. As announced this morning, we delivered record net sales of $650.3 million for fiscal 2022, representing a year-over-year increase of 20.3%. We achieved this exceptional growth despite continued global supply chain challenges and the continued COVID environment.