News

Top 5 Stories Of The Week

A recap of the top five stories on aftermarketNews during the week of Sept. 13.

By aftermarketNews Staff

Published: September 17, 2021

EnerSys Expands ODYSSEY Battery Portfolio

Portfolio now includes former NorthStar battery product line.

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APH Raises $305,000 For Adults With Disabilities

Over the past nine years this annual event has raised a total of $1.5 million for WACOSA.

Read more here.

Tire Discounters Expands C-Suite

The company has hired Sheri Harper as chief people officer and Jeff Rodgers as CFO.

Read more here.

Agility Auto Parts Buys Automotive Parts Distribution Intl.

Agility also acquired APDI’s 400,000-square-foot distribution center based in Arlington, Texas.

Read more here.

TWG Exhaust Joins the OptiCat Network

With this new addition, there are more than 930 supplier brands in OptiCat’s secure data repository.

Read more here.

SMP Announces Q1 2024 Results

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023.

By Emma Henderson

Emma Henderson is the Managing Editor of aftermarketNews and Counterman. She joined Babcox after a career as a television reporter for stations across the Midwest. Contact her at [email protected]

Published: May 1, 2024

Standard Motor Products, Inc. reported its consolidated financial results for the three months ended March 31, 2024.

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023, the company said. Earnings from continuing operations for the first quarter of 2024 were $9.9 million or $0.44 per diluted share, compared to $12.7 million or $0.57 per diluted share in the first quarter of 2023. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the first quarter of 2024 were $10.0 million or $0.45 per diluted share, compared to $13.4 million or $0.61 per diluted share in the first quarter of 2023.

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GPC Acquires Largest NAPA Independent Store Owner in the US

Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.

By Mary DellaValle May 1, 2024

GPC Acquires Largest NAPA Independent Store Owner in the US

APA Celebrates ‘Nitro Weekend Giveaway’ Promotion

From April 26-28, eight winners and their guests enjoyed an all-expense-paid trip to Charlotte, NC, to witness the NHRA Four Wide Nationals, including access to Kalitta Motorsport’s hospitality tent.

By Emma Henderson May 1, 2024