Financial News Archives - Page 21 of 33 - aftermarketNews
Cooper Tire & Rubber Co. 2.8% Increase In 2nd Quarter Net Sales

Negatively affecting the quarter was $13 million in costs related to new tariffs on products imported into the U.S. from China compared to the same period a year ago.

LKQ Corp. Reports $3.25B In Revenue For 2nd Quarter

The company said net income for the second quarter of 2019 was $150 million, a decrease of 4.2% year-over-year.

Visteon Announces 2nd Quarter 2019 Results

The company has reported sales of $733 million for the quarter.

Genuine Parts Co. Reports 2nd Quarter Sales And Earnings

The company has reported record sales of $4.9 billion, up 2.3%.

Lear Revises Full-Year 2019 Outlook, Reports Preliminary 2nd Quarter 2019 Results

The company indicated that its financial results in the first half of 2019 were negatively impacted by continued declines in industry production volumes and other macroeconomic headwinds, including continued weakening of global currencies against the U.S. dollar.

Motorcar Parts Of America Reports Record Sales For Quarter, Fiscal Year 2019

The company expects fiscal 2020 to benefit from multi-product line expansion and investment initiatives from the past few years.

Motorcar Parts Of America Announces Increased Revolving Credit Facility

“The amended credit facility provides the company with additional financial flexibility to execute management’s strategic targets for growth and profitability,” said Selwyn Joffe, chairman, president and CEO.

AutoZone Reports 3rd Quarter Results; Company Appoints New Board Member

Net income for the quarter increased 10.7% over the same period last year to $405.9 million, while diluted earnings per share increased 19.2% to $15.99 per share from $13.42 per share in the year-ago quarter.

Tenneco Reports 1st Quarter 2019 Results

Segment reporting has been changed to align with the new operating structure of the future companies. Timing for the spin off has been updated as well.

Myers Industries Reports 2019 1st Quarter Results

Net sales decreased $13.5 million or 8.8% (8.4% excluding currency fluctuation) to $139.1 million, compared to the first quarter of 2018.

AAM Reports 1st Quarter 2019 Financial Results

The company also announced early redemption of $100 million of senior notes.

Sensata Technologies Reports 1st Quarter 2019 Results

Revenue in the first quarter of 2019 was $870.5 million, a decrease of $15.8 million, or 1.8%, from revenue of $886.3 million in the first quarter of 2018.