2316 GMT [Dow Jones]--Supply issues are denting car parts retailer ARB's earnings outlook. Weak sales in key vehicle categories prompt Ord Minnett to downgrade its earnings forecasts for ARB by 4.2% in FY26 and by 3.6% for FY27. "ARB's calendar year-to-date sales remain below the prior corresponding period, impacted by inconsistent manufacturer supply and elevated fuel prices, which will weigh on demand for ARB's Australian Aftermarket operations in 2H26," says analyst James Casey. Still, Ord Minnett stays bullish about ARB. It views the longer-term outlook as positive, with new vehicles and products being released globally. Earnings growth will be fanned by new and renovated stores and further expansion overseas, the bank says. Its price target falls 10% to A$27.80/share. ARB ended Wednesday at A$18.64. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

June 03, 2026 19:22 ET (23:22 GMT)

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