Aug 14, 2003
PHILADELPHIA--Aug. 13, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading full-service automotive aftermarket chain, announced the following financial results for the thirteen weeks ended August 2, 2003, which includes the impact of its corporate restructuring and other actions that were announced on July 31 ... Continue reading
Aftermarket Business: AutoZone - Confrontation or Collaboration?
Aug 13, 2003
MEMPHIS, Tenn.--Aug. 13, 2003-- After months of silence, AutoZone agrees to openly discuss one of the most controversial topics facing today's automotive aftermarket. It's been eight months since AutoZone surprised the aftermarket with its intentions to adopt a process called Pay-On-Scan (POS). Questions remain about t ... Continue reading
Michelin Teams With Bosch to Add Diesel Expertise To Challenge Bibendum(TM) Line Up
Aug 13, 2003
Robert Bosch Corp. will showcase 10 clean-diesel vehicles at annual environmental event GREENVILLE, S.C., Aug. 12 -- Michelin announced today that Robert Bosch Corporation and Michelin will be working together to add an educational diesel component to the 2003 Challenge Bibendum(TM). "Michelin's fifth annual Challenge ... Continue reading
Aug 13, 2003
CHARLOTTE, N.C.--Aug. 12, 2003--American Tire Distributors, Inc., a nationwide distributor of tires, wheels and automotive accessories, today announced its operating results for the quarter ended June 28, 2003. The Company's second quarter net income increased to $4.4 million from $1.9 million in the second quarter of ... Continue reading
'Official Auto Parts Retailer of Infineon Raceway'
Aug 11, 2003
SONOMA, Calif.--Aug. 11, 2003--NAPA AUTO PARTS has agreed to a strategic partnership to become the "Official Auto Parts Retailer of Infineon Raceway," raceway officials announced. The three-year partnership with NAPA includes a comprehensive on-site branding platform, as well as promotional rights to one of the most we ... Continue reading
Aug 11, 2003
ITASCA, Ill.--Aug. 11, 2003--Midas, Inc. reported a loss of $32.7 million--or $2.10 per diluted share--for its second quarter ended June 28, 2003. For the quarter, the company recorded pre-tax business transformation charges of $50.8 million--or $1.99 per share after-tax--to establish an accrual for future warranty obl ... Continue reading
Advance Auto Parts Reports Record Second Quarter Results
Aug 7, 2003
Gross Margin Climbed 140 Basis Points to 45.4% Compared to 44.0% Last Year Comparable Store Sales Rose 2.0% Compared to 5.0% Last Year ROANOKE, Va., Aug. 6 -- Advance Auto Parts, Inc. today announced it achieved earnings per diluted share of $1.16 for the second quarter ended July 12, 2003, after non-recurring expenses ... Continue reading
Total Parts Plus Adds Global Part Sharing Feature and Passives Database
Aug 5, 2003
FT. WALTON BEACH, Fla. Aug. 5, 2003; Total Parts Plus, an online company that offers supply-chain management products, services, and integrated solutions to the electronics industry, has launched new feature upgrades into its web-based application. Total Parts Plus has added a passives database! This feature enables th ... Continue reading
Aug 5, 2003
MILFORD, Iowa--Aug. 5, 2003-- Domestically, Cycle Country Rolls-Out Multiple ATV Accessory Products For Land Pride's New All-Terrain Treker and Runabout Series Vehicles Cycle Country Accessories Corp. (AMEX:ATC), the outright leader in developing and manufacturing several custom-fitting accessories for the all-terrain ... Continue reading
CSK's Smith Now a Pep Boy - EVP - Merchandising & Marketing
Aug 4, 2003
PHILADELPHIA--Aug. 4, 2003--The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, is pleased to announce that Hal Smith has joined Pep Boys as Executive Vice President - Merchandising & Marketing. In this capacity Mr. Smith will be responsible for all merchandising and market ... Continue reading
CSK Auto Corp. Announces Management Change
Aug 3, 2003
PHOENIX--Aug. 3, 2003--CSK Auto Corp. announced today that Hal Smith, senior vice president of merchandising and marketing, has resigned from the company to pursue other opportunities. CSK Auto Corp. is the parent company of CSK Auto Inc., a specialty retailer in the automotive aftermarket. As of May 4, 2003, the compa ... Continue reading
Pep Boys Continues Profitability Drive with Corporate Restructuring
Jul 31, 2003
PHILADELPHIA--July 31, 2003-- Strategic Infrastructure and Merchandising Investments, Coupled with Store Closings and Workforce Reduction, Position Pep Boys for Continued Profitability and Growth The Pep Boys - Manny, Moe & Jack , the nation's leading automotive aftermarket and service chain, today announced several in ... Continue reading
AIAG Appoints Andrew Cummins as New Executive Director
Jul 31, 2003
SOUTHFIELD, Mich., July 30 -- The Automotive Industry Action Group (AIAG) today announced Andrew J. Cummins has been appointed the new executive director of the association. As executive director, Cummins will lead the organization in pursuing its goals and objectives set forth by the AIAG board of directors. AIAG prov ... Continue reading
Goodyear Reports Results for 2003's Second Quarter
Jul 30, 2003
- Sales increase 8 percent from second quarter 2002 - Segment operating income improves in six businesses AKRON, Ohio, July 30 -- The Goodyear Tire & Rubber Company today reported a net loss of $73.6 million (42 cents per share) for the second quarter of 2003, compared with net income of $28.9 million (18 cents per sha ... Continue reading
Jul 29, 2003
SPRINGFIELD, Mo.--July 29, 2003--O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") today announced record revenues and earnings for the second quarter of 2003, representing 39 quarters of record revenues and earnings for O'Reilly since becoming a public company in April 1993. Net income for the second quarter end ... Continue reading
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