Financial News Archives - Page 5 of 32 - aftermarketNews
Tenneco Reports Second Quarter 2022 Results

Company reiterates intent to complete pending transaction with Apollo Funds in the second half of 2022.

Valvoline Reports Q3 2022 Results

Valvoline says sales grew 21% to $957 million driven by strong demand and pricing actions.

Magna Announces Second Quarter 2022 Results

Sales of $9.4 billion increased 4%, compared to global light vehicle production increase of 2%.

LKQ Corp Announces Q2 2022 Results

Net income for the quarter was $420 million, as compared to $305 million for the same period in 2021.

O’Reilly Automotive Reports Q2 2022 Results

Inflation and high gas prices impacted the company’s DIY business, O’Reilly stated.

Visteon Announces Q2 2022 Results

Sales are up 42% from the prior year, which Visteon said was driven by new product launches and positive pricing due to incremental costs recoveries related to semiconductor shortages.

Driven Brands Holdings Inc. Reports Q2 Results

For the second quarter, revenue was $508.6 million, an increase of 36% versus the prior year.

Gentex Reports Second Quarter 2022 Financial Results

The connected car company has reported an 8% increase in net sales.

LIQUI MOLY Records 8% Sales Increase

LIQUI MOLY stated the decision to discontinue its Russian business, one of its biggest markets, had a significant impact.

MAHLE Aftermarket Sales Grew by 18.5% in 2021

Expansion of its workshop equipment portfolio contributed to the significant growth, MAHLE says.

CarParts.com Announces $75 Million Credit Facility

CarParts.com recently announced its ninth consecutive quarter of year-over-year sales growth with record first quarter 2022 revenue of $166 million, up 80% on a two-year stack.

MPA Reports 20.3 Percent Sales Increase for Fiscal 2022

Net sales for the fiscal 2022 fourth quarter were $163.9 million compared with $168.1 million in the prior-year period.