AutoZone 1st Quarter Same Store Sales Increase 3.4%
AutoZone has reported net sales of $2.8 billion for its first quarter (12 weeks) ended Nov. 23, 2019, an increase of 5.7% from the first quarter of fiscal 2019 (12 weeks).
Uni-Select Reports 2019 3rd Quarter Sales Of $450.8M
The Canadian Automotive Group segment generated organic growth of 1.3%, while The Parts Alliance U.K. and the FinishMaster U.S. segments faced headwinds, reporting negative organic growth of 2.6% and 0.5%, respectively.
Advance Auto Parts Reports 3rd Quarter 2019 Results
Net sales increased 1.6% to $2.3 billion. The company also announced an additional $700 million share repurchase authorization.
AutoZone Releases 4th Quarter Numbers, Reports Annual Sales Of $11.9 Billion
Net income for the quarter increased $164.9 million, or 41.2% over the same period last year to $565.2 million, while diluted earnings per share increased 50.4% to $22.59 per share from $15.02 per share in the year-ago quarter.
Continental Releases Q2 Results
For the current fiscal year, global production of passenger cars and light commercial vehicles is expected to decrease by about 5% year-on-year.
XPEL Announces Voluntary Delisting From TSX Venture Exchange
Given the relatively low trading volume of its shares on the TSXV and the liquidity provided by the company’s Nasdaq listing, XPEL determined that the costs associated with maintaining a dual listing were no longer justified.
Advance Auto Parts Reports 2nd Quarter 2019 Results
For the first half of 2019, Advance reported net sales of $5.3 billion, a 1.6% increase over the first half of 2018. Comparable store sales for the first half were up 1.5% year-over-year.
U.S. Auto Parts 2nd Quarter Gross Profit Increased 6%
Net sales were $73.7 million compared to $77 million. Gross profit increased 6% to $21.8 million compared to $20.5 million. As a percentage of net sales, gross profit increased 280 basis points to 29.5% compared to 26.7%.
Superior Reports 2nd Quarter 2019 Financial Results
Net sales for the second quarter of 2019 were $352.5 million, compared to net sales of $389 million for the same period in 2018. The reduction in sales is primarily driven by reduced volumes, lower aluminum prices and a weaker Euro, partially offset by improved product mix comprised of larger diameter wheels and premium finishes in both regions.
Adient Reports 3rd Quarter 2019 Financial Results
Adient reported third quarter Adjusted-EBIT and Adjusted-EBITDA of $129 million and $205 million, respectively.
Tenneco Reports 2nd Quarter 2019 Results
Tenneco Inc. has reported second quarter 2019 revenue of $4.5 billion, a 78% increase versus $2.5 billion a year ago, which includes $1.9 billion from acquisitions.
Valvoline Reports 3rd Quarter Results
The company has reported net income of $65 million and earnings per diluted share (EPS) of 34 cents.
