AutoZone Third Quarter Same-Store Sales Increase 3.9 Percent; EPS Increases 18.6 Percent to $6.28
Net income for the quarter increased $21.2 million, or 9.3 percent, over the same period last year to $248.6 million, while diluted earnings increased 18.6 percent to $6.28 per share from $5.29 per share in the year-ago quarter.
Ford Motor Co. and SEMA Join Forces on Mustang Build Powered by Women
Consumers to vote on design concepts May 23 through June 3.
U.S. Manufacturers Optimistic About Growth, Accenture Study Finds
Manufacturers commit to greater operations investments to boost competitiveness, while continuing to keep a watchful eye on uncertain demand and rising commodity prices.
GAAS 2012: Polk Inventory Efficiency Award Recipients Honored
The Polk Inventory Efficiency Award program, now in its eighth year, recognizes and rewards outstanding aftermarket companies for process improvements in supply chain and inventory efficiency. This year’s awards were presented by Mark Seng, vice president, aftermarket and commercial vehicle and Polk’s global aftermarket practice leader, and Stephen Polk, chairman, president and CEO of R. L. Polk & Co. The awards were presented to The Timken Co. (pictured) and Aftermarket Auto Parts Alliance Inc.
‘PBES Connect’ Series Aims to Help PBE Distributors Maintain Competitive Edge
Oklahoma City event offered insight into State Farm electronic parts ordering initiative.
DENSO Manufacturing Tennessee Ramps Up Production for Stop/Start Starters
New production line will result in the creation of more than 75 manufacturing positions over next the two years.
AkzoNobel Reveals 2012 FIT Sustainability Award Honorees
The 2012 FIT Sustainability Award winners will be recognized at a special industry recognition program hosted by AkzoNobel on July 19 in San Antonio, Texas. The event coincides with the I-CAR Inter-Industry Conference and Collision Industry Conference (CIC) events.
Federal-Mogul and Philadelphia University Announce Winners of Second Annual Student Innovation Competition
Students were challenged to create a commercially viable product using the firm’s QuietShield noise suppression material.
AERA President John Goodman Announces Retirement
Says industry and association are in good shape, plans to focus on family.
Goodyear Extends Maturities, Increases Liquidity in $3.2 Billion Credit Facilities Refinancing
The company’s existing $1.5 billion asset-based revolving credit facility was increased to $2 billion and its maturity was extended to 2017.