Financial News Archives - Page 23 of 33 - aftermarketNews
Monro Announces 3rd Quarter Fiscal 2019 Financial Results

Third quarter sales increased 8.5 percent to a record $310.1 million.

Adient Announces Preliminary Q1 Fiscal 2019 Results; Initiates Discussions To Strengthen Capital Structure

Based on the current operating environment and the anticipated timing of turnaround actions underway, Adient expects earnings to improve in the second half of fiscal 2019 compared with first half of the year.  

AutoZone Reports Net Sales Of $2.6B For 1st Quarter

Commercial sales growth eclipsed double-digits in the quarter rising 11.3 percent, marking AutoZone’s strongest growth quarter since 2015, said President, Chairman and CEO Bill Rhodes.

Motorcar Parts Of America Receives Notice From NASDAQ Due to Delayed Filing of Form 10-Q

According to MPA, the delay in filing was due to the company’s inability to timely process the financial information for its fiscal 2019 second quarter, which is primarily related to a review of accounting practices associated with the timing of recognizing certain expenses incurred in connection with new business.

Uni-Select Reports 3rd Quarter 2018 Financial Results

Uni-Select announced the expansion of its 20/20 initiative to at least $25 million of recurring cost savings by 2020. This could include a workforce reduction of less than 5 percent across all business segments, the company said.

Advance Auto Parts Reports Third Quarter 2018 Results

Net sales increased 4.3 percent to $2.3 billion; Gross profit increased 6.2 percent to $1 billion.

Brookfield Business Partners, CDPQ To Acquire Power Solutions Business From Johnson Controls 

Brookfield and CDPQ will acquire 100 percent of Johnson Controls’ Power Solutions business for approximately $13.2 billion.

Adient Reports 4th Quarter 2018 Financial Results

Adient saw fourth quarter GAAP net loss and EPS diluted of $(1,355) million and $(14.51), respectively; fourth quarter Adjusted-EPS diluted of $1.

Superior Industries Reports Third Quarter 2018 Financial Results

Net sales for the third quarter of 2018 were $347.6 million, compared to net sales of $331.4 million in the third quarter of 2017. Superior said the increase during the quarter was driven by higher aluminum prices, offset by lower volume in the third quarter of 2018.

Johnson Controls Reports Fiscal 4th Quarter, Full-Year 2018 Earnings

Sales of $8.4 billion increased 3 percent compared to the prior year. Excluding the impacts of M&A, foreign currency and lead prices, total sales grew 6 percent organically.     

Delphi Technologies Reports 3rd Quarter 2018 Financial Results 

Strong momentum in key technologies continues with $3.8 billion of bookings in the third quarter, the company says.

Myers Industries Reports 2018 3rd Quarter Results

Strong cash flow generation continues; strategic actions to improve Distribution Segment underway, company says.