MPA’s Q3 results showed increases in net sales, operating income and cash flow from operating activities.
The company said it anticipates continued growth in 2024, with projections including 190 to 200 net new store openings.
Valvoline saw an increase in system-wide stores to 1,890, including 895 company-operated stores and 995 franchised stores in Q1.
Fourth-quarter sales reached $6 billion, an 11% increase from the previous year, driven by organic growth and a slight boost from foreign exchange.
PACCAR Parts reported a record annual pre-tax income of $1.7 billion and revenues of $6.41 billion.
Continental is focusing on business areas with high growth potential, including making its UX business organizationally independent.
The company’s same-store sales showed a 25.1% jump internationally.
Advance is taking steps to improve its cost structure and return the business to profitable growth, company executives said.
Paul Donahue, chairman and CEO, said GPC’s Q3 was highlighted by double-digit earnings growth.
Domestic same-store sales for the fourth quarter, which ended Aug. 26, were up 1.7%.
The company’s aftermarket sales are projected to increase by mid-single digits, the company said.
Advance said it is steadily seeing an improvement in top line sales and transactions as it plans for an operational review.