Standard Motor Products Announces New $500M Credit Facility
SMP also entered into an interest rate swap agreement to fix the interest rate on $100 million of the borrowings.
Monro Reports Q4 and Fiscal 2022 Financial Results
Monro reports Q4 sales are up 7.4% to $328.0 million, and comparable store sales increased 1.4%.
Holley Reports First Quarter 2022 Results
Strength in consumer demand drives 25% year-over-year sales growth, the company says.
Valvoline Reports Second-Quarter Results
The company reports that net income grew 19%, to $81 million for the second quarter.
Uni-Select Reports Highlights for 2022 First Quarter
The company reports consolidated sales of $409.6 million, up $39.5 million or 10.7%.
Myers Progresses on 3-Horizon Strategy
Company reports record earnings for the first quarter and raises fiscal 2022 outlook.
AAM Reports Q1 2022 Financial Results
The company, which reported net sales of $1.44 billion, says it is focusing on managing factors within its control, while experiencing unprecedented supply chain volatility.
CarParts.com Reports Record Quarterly Sales of $166.1M
This is the ninth consecutive quarter of year-over-year sales growth for the online auto parts retailer.
Tenneco Reports Q1 Revenue of $4.6B
The company also reports that its pending acquisition by Apollo Funds is on track for the second half of 2022.
Standard Motor Products Releases Q1 2022 Results
Net sales were $322.8M, compared to consolidated net sales of $276.6M during the comparable quarter in 2021.
O’Reilly Automotive Reports Q1 2022 Results
The company also announced an executive leadership transition in May.
LKQ Corp. Announces $3.3B in Q1 Revenue
Parts and services organic revenue increased 6.9% (5.6% on a per day basis), the company says.