News By Topic: Parts Dealers

Midas Reports Third Quarter Loss of $0.76 Per Share

Oct 30, 2003

ITASCA, Ill.--Oct. 30, 2003--Midas, Inc. reported a loss of $11.8 million--or $0.76 per diluted share--for its third quarter ended Sept. 27, 2003. For the quarter, the company recorded pre-tax business transformation charges of $15.9 million--or $0.62 per share after-tax--for costs associated with outsourcing the compa ... Continue reading

Off-Road Aftermarket Expo Concludes Successful First-Year Launch in Las Vegas

Oct 30, 2003

SANTA ANA, Calif.--Oct. 30, 2003--1,953 manufacturers, vendors, dealers and retailers in the off-road industry trekked the Mandalay Bay Convention Center in Las Vegas to take part in the first annual Off-Road Aftermarket Expo. The expo was the first-ever tradeshow of its kind exclusively dedicated to the off-road/ATV a ... Continue reading

SAE Launches Second 'TechKnowledge Center'

Oct 30, 2003

WARRENDALE, Pa., Oct. 29 -- SAE International (Society of Automotive Engineers) has launched the "Powertrain TechKnowledge Center," the second product in the SAE TechKnowledge Center series. This is one of several planned enterprise technical publications that help to shorten the gap between information and knowledge. ... Continue reading

Advance Auto Parts Reports Record Third Quarter Results

Oct 30, 2003

Declares a Two-for-One Stock Split in the Form of a Dividend ROANOKE, Va., Oct. 29 -- Advance Auto Parts, Inc. today announced it achieved strong third quarter results. The highlights of the quarter include: * Achieving a comparable store sales gain of 3.1% on top of 5.5% last year. * Generating a gross margin increase ... Continue reading

DENSO Named 'Preferred' Vendor for Oxygen Sensors by Parts Plus

Oct 30, 2003

LONG BEACH, Calif., Oct. 29 -- DENSO Sales California, Inc. proudly announces receiving from Parts Plus, "Preferred" vendor designation for oxygen sensors. "We are extremely honored to receive the 'Preferred' vote from the membership of Parts Plus. We view Parts Plus as a strategic partner for DENSO. They focus on the ... Continue reading

Precision Auto Care Announces Management Promotion

Oct 29, 2003

LEESBURG, Va., Oct. 28 -- Precision Auto Care, Inc. (BULLETIN BOARD: PACI) announced that Robert Falconi, the Company's current COO and CFO, is being promoted to President. As a result of this change, all of the Company's staff will report to Falconi, effective immediately. The Company also announced its intention to n ... Continue reading

O'Reilly Automotive Reports Record Sales and Earnings for the Third Quarter and Comparable Store Sales of 8.3%

Oct 29, 2003

SPRINGFIELD, Mo.--Oct. 28, 2003--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the third quarter of 2003, representing 40 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

Midas Shops Will Sell Bridgestone, Firestone Brand Tires in New Supply Arrangement

Oct 28, 2003

ITASCA, Ill.--Oct. 28, 2003--Midas, Inc. has entered into a strategic alliance with Bridgestone/Firestone North American Tire, LLC, (BFNT) that provides for 1,900 Midas automotive service shops in the United States and Canada to become authorized Bridgestone and Firestone brand dealers. "The addition of these lines of ... Continue reading

LKQ Corporation Announces Third Quarter 2003 Results

Oct 28, 2003

CHICAGO--Oct. 28, 2003--LKQ Corporation today reported results for its third quarter ended September 30, 2003, with revenue of $83.5 million and net income of $3.5 million, representing growth over the third quarter of 2002 of 16.2% and 49.1%, respectively. "We reported another quarter of year over year double digit re ... Continue reading

Sears Auto Centers Add To Fleet Service And Management Agreements

Oct 27, 2003

Addition Of Wright Express Universal Card Holders Grows Fleet Customer Base To Nearly 9 Million HOFFMAN ESTATES, Ill., Oct. 27 -- Sears, Roebuck and Co. has reached an agreement with Wright Express LLC that will give more than 500,000 Wright Express Universal Card customers access to maintenance and repair services at ... Continue reading

TBC Reports Record Third Quarter Results

Oct 22, 2003

-- Net Income Increases 38% to $10.5 Million, or $0.46 per Diluted Share -- Tenth Consecutive Quarter of Earnings Gains -- Company Increases Full-Year Earnings Guidance MEMPHIS, Tenn., Oct. 21 -- TBC Corporation , one of the nation's leading marketers of automotive replacement tires, today reported record sales and ear ... Continue reading

Shine Award a Highlight of the 2003 SEMA Show

Oct 21, 2003

HUNTINGTON BEACH, Calif., Oct. 20 -- Once again, the question on everyone's mind at the upcoming SEMA show in Las Vegas will be, "Who is going to win the coveted Shine Award?" Bestowed by Mothers(R) Polishes-Waxes- Cleaners, a company known worldwide for its premium-quality car care products, this trophy for automotive ... Continue reading

2003 ``Top-Ten Must-Have Mobile Electronics'' List

Oct 21, 2003

-- Leading Southern California Retailer, Al & Ed's Autosound, Celebrates Southern California Car Culture as It Showcases Latest and Greatest Car Gadgets in Time for the Holidays WHAT: At a corner, on famed Route 66, your readers and viewers will see: -- Ten cars outfitted to the nines! -- with a collection of the lates ... Continue reading

Genuine Parts Company (NAPA)Reports Sales and Earnings for Third Quarter and Nine Months of 2003

Oct 17, 2003

ATLANTA--Oct. 16, 2003--Genuine Parts Company reported sales and earnings for the third quarter and nine months ended September 30, 2003. Larry Prince, Chairman of the Board of Directors, announced today that sales totaling $2.2 billion were up 2% compared to the third quarter of 2002. Net income was $88 million, compa ... Continue reading

Les Schwab Tire Centers Recognized as Top Tire Retailer for Fourth Year in a Row

Oct 16, 2003

Customer Satisfaction Award from J.D. Power and Associates PRINEVILLE, Ore., Oct. 16 -- Les Schwab Tire Centers "ranks highest in tire retailer satisfaction" according to J.D. Power and Associates, which ranked the Prineville-based company as best in customer satisfaction among passenger vehicle and light truck tire de ... Continue reading