Financial Archives - Page 142 of 142 - aftermarketNews
Federated Presents $145,000 Check To Toys For Tots

Check presented to Gen. Pete Osman, president and CEO of the Marine Toys for Tots Foundation, during Federated’s “Best Trucking Tailgate Party Ever” during AAPEX.

TRW Announces Offering Of $400 Million Senior Unsecured Notes

The company intends to use the proceeds from the offering for general corporate purposes, including the retirement of its 2014 senior unsecured notes that mature in March 2014.

SEMA Now Accepting Scholarship Applications

The SEMA Memorial Scholarship Fund is dedicated to fostering the next generation of automotive aftermarket industry leaders and innovators. Scholarship awards range from $2,000 to $3,000, with $5,000 going to the top student.

ATD Purchases TDI

American Tire Distributors has acquired Maryland-based Tire Distributors Inc., expanding its distribution in Maryland and northeastern Virginia.

Pep Boys Reduces Interest Rate On Its $200 Million Term Loan

The reduction in the interest rate amounts to a $1.5 million annualized interest savings.

PPG Reports Record Third Quarter Results

PITTSBURGH – PPG Industries has reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net income from continuing operations was $353 million, or $2.44 per diluted share. Third quarter 2012 reported

Genuine Parts Co. Reports Third Quarter Sales And Earnings

ATLANTA – Genuine Parts Co. (GPC) reported sales and earnings for the third quarter and nine months ended Sept. 30, 2013. Thomas Gallagher, chairman and CEO, announced today that sales totaling $3.69 billion were up 9 percent compared to the third quarter of 2012. Net income for the quarter was $173.7 million, up slightly from $172.9 million

AutoZone Reports 17-Week Fourth Quarter Sales Of $3.1 Billion

Fiscal 2013 sales exceed $9 billion.

O’Reilly Automotive Reports Second Quarter 2013 Results

Company reports 37 percent increase in second quarter diluted earnings per share to $1.58.