Advance Auto Parts Reports Record Third Quarter Sales and Earnings
Nov 3, 2004
Comparable Store Sales Grew 3.0% and EPS Rose to $0.68 Company Reiterates Fourth Quarter Guidance Announces New Senior Credit Facility ROANOKE, Va., Nov. 3 -- Advance Auto Parts, Inc. , a leading retailer of automotive parts and accessories, today announced record sales and earnings for its third quarter ended October ... Continue reading
Federal-Mogul Named National Brake System Supplier to Monro Muffler Brake & Service
Nov 3, 2004
SOUTHFIELD, Mich.--Nov. 3, 2004--Monro Muffler Brake & Service, a respected chain of more than 600 automotive service centers, has named Federal-Mogul Corporation (OTCBB:FDMLQ) its supplier of replacement brake system components, including pads, shoes, rotors, hydraulics and other products marketed under the Wagner(R) ... Continue reading
Nov 2, 2004
Study tells: What, Where, When, Who Survey of full size truck buyers indicates the accessory market is a major opportunity for auto dealers and aftermarket retailers ROCHESTER, Mich., Nov. 2 -- Because the market for light truck accessories is huge, a recent bellwether study has been completed that examines what custom ... Continue reading
PACCAR Implements New U.K. Parts Distribution
Nov 2, 2004
BELLEVUE, Wash.--Nov. 1, 2004--PACCAR successfully concluded an early termination agreement with RAC plc regarding the distribution of Leyland aftermarket parts to DAF dealers and customers in the U.K. In the future, parts will be stored and distributed from PACCAR's new GBP 11 million ($20 million) parts distribution ... Continue reading
Cruz Pedregon Opens Vegas Weekend in 10th
Oct 30, 2004
Advance Auto Parts Racing Nitro Funny Car Pedregon Racing NHRA POWERade Drag Racing Series AC Delco NHRA Nationals The Strip at Las Vegas Motor Speedway Friday Qualifying Notes & Quotes Cruz Pedregon Opens Weekend in 10th Advance Auto Parts Funny Car Prepares for Final Day of Qualifying LAS VEGAS (Oct. 29, 2005) Cru ... Continue reading
Oct 28, 2004
ITASCA, Ill.--Oct. 28, 2004--Midas, Inc. reported net income of $2.1 million--or $0.13 per diluted share--for the third quarter ended Oct. 2, 2004, the company's second consecutive quarter of positive net results. In 2003, Midas reported a net loss of $11.8 million--or $0.76 per share--for the third quarter, after busi ... Continue reading
Snap-on Announces Third-quarter 2004 Results
Oct 27, 2004
KENOSHA, Wis.--Oct. 26, 2004--Snap-on Incorporated , a global leader in tools, diagnostics and equipment, announced results for the third quarter of 2004. -- Net earnings were $22.8 million, or $0.39 per diluted share, compared with $17.7 million, or $0.30 per diluted share, a year ago. -- Operating earnings were $36.5 ... Continue reading
O'Reilly Automotive, Inc. Reports Record Third Quarter Results 11.8% Operating Margin
Oct 27, 2004
SPRINGFIELD, Mo.--Oct. 26, 2004--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the third quarter of 2004, representing 44 quarters of record revenues and earnings for O'Reilly since becoming a public company in April 1993. Net income for the third quarter ended ... Continue reading
Automotive Aftermarket Demand in North America to Reach US$56 Billion in 2008
Oct 26, 2004
CLEVELAND--Oct. 25, 2004--The North American aftermarket for light vehicle components and parts is projected to increase at an annual rate of 3.2 percent, reaching US$56 billion by 2008. While this rate is a deceleration from historical trends, some segments of the market, such as electronics, will experience much fast ... Continue reading
Advance Auto Parts Announces Record Third Quarter Sales and Earnings
Oct 20, 2004
Comparable Store Sales Increased 3.0%; EPS Was $0.68 Company Reiterates Fourth Quarter Guidance ROANOKE, Va., Oct. 19 -- Advance Auto Parts, Inc. today announced record results for its third quarter ended October 9, 2004, with comparable store sales increasing by 3.0% and earnings per diluted share increasing to $0.68. ... Continue reading
SmarTire Signs Product Distribution Agreement with Redmer Industries
Oct 18, 2004
Redmer to focus on automotive and recreational vehicle manufacturers and aftermarket RICHMOND, BC, Oct. 18 -- SmarTire Systems Inc. (OTCBB: SMTR) announced today that Redmer Industries has become a distributor of SmarTire's innovative tire pressure monitoring systems (TPMS) in the US. Redmer Industries is a privately h ... Continue reading
Shanghai Auto Parts & Equip Exhibition to Open Shortly
Oct 15, 2004
SHANGHAI, China, Oct. 15 /Xinhua-PRNewswire/ -- 'The 5th Auto Parts & Equip Shanghai' will be held from October 19th to 22nd, 2004 at INTEX Shanghai. The exhibition is sponsored by the Council for the Promotion of International Trade, Shanghai (''CCTPIT Shanghai'') and the Society of Automotive Engineers of China (''SA ... Continue reading
AutoZone to Attend Upcoming Investor Conference
Oct 13, 2004
MEMPHIS, Tenn., Oct. 12 -- AutoZone, Inc. , today announced it will be attending the Fifth Annual SunTrust Robinson Humphrey Consumer "Un-Conference" on Tuesday, October 19, 2004. As of August 28, 2004, AutoZone sells auto and light truck parts, chemicals and accessories through 3,420 AutoZone stores in 48 states plus ... Continue reading
Oct 12, 2004
SCOTTSDALE, Ariz.--Oct. 12, 2004-- Tire-Tossing Little Old Lady The Latest Example of Pitchman Turned Pop Culture Icon One flying tire, a broken glass window, and a little old lady have earned their place in TV commercial history. Joining the ranks of Charmin's Mr. Whipple, Wendy's affable founder Dave Thomas and the L ... Continue reading
AAIA Releases Report on Equipment Purchasing Trends-Report on Tool Purchasing Also Available
Oct 11, 2004
> Dear Aftermarket Industry Expert: > > Did you know that motor vehicle repair shops value quality more than > any other factor when purchasing shop equipment? The next most > important factor influencing their decisions was service, followed by > warranty. On the other hand, price was only the fifth most important > r ... Continue reading
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