Financial News Archives - Page 9 of 32 - aftermarketNews
ATD Successfully Closes Lending And Debt Refinancing

The benefits of this transaction include an improved financial position for ATD, including reducing the company’s capital costs, extending the maturity dates of its debt obligations, and improved liquidity.

Gentex Reports 3rd Quarter 2021 Financial Results

Supply chain constraints and electronic component shortages impacted third-quarter results, the company says.

Driven Brands Closes $450M Securitization Issuance

With this offering, the weighted-average fixed coupon of Driven Brands’ outstanding asset-backed notes improved to 3.71%.

Advance Auto Parts Reports Q2 2021 Results

Net sales increased 5.9% to $2.6 billion.

LIQUI MOLY Reports Strong Sales in July

The German oil and additive specialist increased its turnover to 355 million euros (about $417 million USD).

Holley Reports Second Quarter 2021 Results

The company says strong organic growth and execution against strategic initiatives drove performance in Q2.

MPA Reports Strong Fiscal 2022 First Quarter

The company says record first-quarter sales to start new fiscal year as solid demand for aftermarket parts continues.

Myers Industries Reports 2021 Q2 Results

Net sales increased $69 million, or 58.3% to $187.4 million.

Uni-Select Reports 2021 Second Quarter Highlights

Consolidated sales of $416.4 million, were up up 37.6% year over year, reflecting a recovery from trough levels of business activity in the second quarter of 2020.

Valvoline Reports Q3 Results

Reported net income of $97 million grew 64% and earnings per diluted share (EPS) of $0.53 grew 66%.

Cooper Standard Reports Q2 Results

The company said semiconductor-related customer shutdowns and commodity inflation weighed on sales and profit.

BorgWarner Reports Q2 Net Earnings Of $247M

Net sales were $3,758 million for the second quarter 2021, up 164% from $1,426 million for the second quarter 2020.