Genuine Parts Co. Reports Record Sales And Earnings For The Second Quarter
The company has reported record sales of $4.8 billion, up 18 percent.
PPG Marks 135th Anniversary Of Its Founding With NYSE Closing Bell Ceremony
PPG was founded in 1883 as Pittsburgh Plate Glass Co. and was listed on the NYSE on Dec. 17, 1945.
Motorcar Parts of America Reports Fiscal 2018 Fourth Quarter and Year-End Results
“We believe our company has reached its next inflection point, and we are excited by the opportunities and our leadership position within the $125 billion automotive aftermarket – including the unique opportunities for both our diagnostics and hard parts product lines,” said CEO Selwyn Joffe.
Shiloh Industries Reports 2nd Quarter Fiscal 2018 Results
“Shiloh remained on track with our plan in the second quarter given the significant plant and product launch activity as we converted more of our wins from recent years into commercial production,” said Ramzi Hermiz, president and CEO of Shiloh Industries Inc.
Donaldson Reports Fiscal 2018 3rd Quarter Earnings
Third quarter 2018 sales increased 15.1 percent to $700 million from $608.2 million last year.
Advance Auto Parts Reports 1st Quarter 2018 Results
The company has announced first quarter net sales of $2.9 billion.
AutoZone Reports 3rd Quarter Results
Net income and diluted earnings per share benefitted from a lower effective income tax rate, primarily due to the recent tax reform.
EnerSys Reports Preliminary 4th Quarter, Full Year Fiscal 2018 Results
Net earnings attributable to EnerSys stockholders for the fourth quarter of fiscal 2017 were $33.8 million, or 76 cents per diluted share, which included an unfavorable highlighted net of tax impact of $22.8 million or 52 cents per share.
Cooper Tire & Rubber Co. Outlines Strategic Plan At Investor Day; Provides Mid-Term Financial Targets
“Three themes – the increased influence of consumers, underlying trends in the auto industry and consolidation in distribution – are driving changes in the tire business and Cooper is well-positioned to benefit from them,” said Brad Hughes, president and CEO.
U.S. Auto Parts Reports 1st Quarter 2018 Results
Net sales in the first quarter of 2018 were $78.4 million compared to $80.8 million in the year-ago quarter. The decrease was largely driven by a 13 percent decrease in e-commerce sales, partially offset by an 11 percent increase in online marketplace sales.
Schaeffler Reports 3 Divisions For The First Time, Confirms Guidance For The Year
The company’s Automotive OEM division grows four percent above market, while its Automotive Aftermarket revenue drops temporarily and the company sees rapid growth in its Industrial division.
Delphi Technologies Reports Strong 1st Quarter 2018 Financial Results, Raises Full Year Outlook
The company reported revenue of $1.3 billion for the quarter, an increase of 5 percent compared to the respective equivalent prior period, on an adjusted basis.
