Financial News Archives - aftermarketNews
Auto Parts 4 Less Announces Investment from RB Capital

Auto Parts 4 Less announced it has completed the first tranche of funding from RB Capital Partners.

Auto Parts 4 Less Group Inc. Announces Growth Strategy
GPC Reports Q3 Results, Updates Full-Year Outlook

Paul Donahue, chairman and CEO, said GPC’s Q3 was highlighted by double-digit earnings growth.

Advance Auto Parts Reports Q2 Results

Advance said it is steadily seeing an improvement in top line sales and transactions as it plans for an operational review.

Financial-results
AutoZone Q3 Net Sales Increased 5.8% 

Earnings per share increased to $34.12.

LKQ Announces Pricing of $1.4B Senior Unsecured Notes

LKQ said it intends to use the net proceeds from the offering, together with borrowings under its CAD 700 million term loan credit agreement, to finance a portion of the Uni-Select acquisition.

Holley Reports First Quarter 2023 Results

Company reaffirms full year 2023 outlook.

Valvoline Reports Second-Quarter Results

Completed sale of Global Products business on March 1 generated $2.38 billion of net proceeds.

BorgWarner Expects 2023 eProduct Sales of $2.3B to $2.6B

First quarter net sales were $4,180 million for the first quarter 2023, an increase of 8% compared with $3,874 million for the first quarter 2022.

ITW Reports First Quarter 2023 Results

The company reports $4 billion in revenue, an increase of 2% with organic growth of 5%.

CarParts.com Reports Q1 Sales of $175.5M

First quarter 2023 sales were up 6% year-over-year.

Driven Brands Holdings Reports Strong First Quarter Results

Net income decreased 14 percent versus the prior year to $29.7 million or $0.17 per diluted share.

Standard Motor Products Announces Q1 2023 Results

Net sales for the first quarter of 2023 were $328 million.