AutoZone Q3 Net Sales Increased 5.8%
Earnings per share increased to $34.12.
PartsTech Secures $35M Series C Funding
PartsTech provides an e-commerce solution that currently connects 15,000+ repair shops to 30,000 supplier locations.
The Sterling Group Launches New Tire & Service Platform
Sterling will partner with John Adams, an executive with 25 years of experience in the automotive aftermarket industry and former CEO of Full Speed Automotive, to build the Premier platform.
LKQ Announces Pricing of $1.4B Senior Unsecured Notes
LKQ said it intends to use the net proceeds from the offering, together with borrowings under its CAD 700 million term loan credit agreement, to finance a portion of the Uni-Select acquisition.
Valvoline Commences $1B Common Stock Repurchase Offer
The company intends to pay for the purchase of shares in the offer with cash on hand from the net proceeds received from the sale of its Global Products business.
Holley Reports First Quarter 2023 Results
Company reaffirms full year 2023 outlook.
Valvoline Reports Second-Quarter Results
Completed sale of Global Products business on March 1 generated $2.38 billion of net proceeds.
LKQ Acquisition of Uni-Select Receives Final Approval
The deal is expected to generate $55 million in run-rate cost synergies and incremental revenue upside opportunities.
BorgWarner Expects 2023 eProduct Sales of $2.3B to $2.6B
First quarter net sales were $4,180 million for the first quarter 2023, an increase of 8% compared with $3,874 million for the first quarter 2022.
ITW Reports First Quarter 2023 Results
The company reports $4 billion in revenue, an increase of 2% with organic growth of 5%.
Myers Industries Announces Q1 2023 Results
The company reiterates full-year fiscal 2023 revenue and earnings outlook.
CarParts.com Reports Q1 Sales of $175.5M
First quarter 2023 sales were up 6% year-over-year.