Keystone Automotive Operations Reports Fourth Quarter, Fiscal Year 2009 Financial Results
For the fiscal year ended Jan. 2, net sales were $468.5 million, a decrease of $97.8 million, or 17.3 percent, compared to $566.3 million in the prior fiscal year.
Keystone Automotive Operations Reports Third Quarter Fiscal 2009 Financial Results
Net sales for the third quarter were $116.6 million, a decrease of $19.6 million, or 14.4 percent, compared to $136.2 million for the same period in the prior year.
Keystone Automotive Operations Reports Second Quarter Fiscal 2009 Financial Results
Sales for the second quarter were $129.6 million, a decrease of $36.2 million, or 21.8 percent, compared to $165.8 million for the second quarter in the prior year.
Keystone Automotive Operations Reports First Quarter Fiscal 2009 Financial Results
Sales for the first quarter ended April 4 were $119.7 million, a decrease of $24.2 million, or 16.8 percent, compared to $143.9 million for the first quarter in the prior year.
Keystone Automotive Operations Reports Fourth Quarter and 2008 Full Year Results
For the fiscal year ended Jan. 3, sales were $566.3 million, a decrease of $48.6 million, or 7.9 percent, compared to $614.9 million in the prior fiscal year.
Keystone Automotive Operations Reports Third Quarter 2008 Results
Gross profit for the third quarter was $42 million versus $46.5 million for the same period in the prior year.
Keystone Automotive Operations Acquires Arrow Speed Warehouse Assets
This acquisition gives Keystone Automotive additional resources and customer reach to grow the business in the mid-west region, said the company.
Keystone Automotive Operations Announces the Addition of a New Cross-Dock in Houston
The Houston cross-dock is the third facility opened by Keystone this year, and is the company’s 25th cross-dock in total.
Keystone Automotive Operations Makes a Bid for Arrow Speed Warehouse
Aftermarket parts distributor Keystone Automotive has bid to acquire certain operating assets of Arrow Speed Warehouse, a leading distributor in the Central and Southeastern United States.
Keystone Automotive’s Net Income Increases in Second Quarter 2008
Keystone Automotive Operations has announced financial results for its fiscal second quarter ended June 28. Net sales for the second quarter 2008 were $165.8 million, a decrease of $6.8 million, or 3.9 percent, compared to $172.6 million for the same period in 2007. The decrease in sales, which fell mostly in the last month of the quarter, was driven by a combination of factors, including a decrease in consumer spending on discretionary items driven by higher gasoline prices, general economic uncertainty, and a year-over-year decline in truck and SUV sales.