Organic sales up 4% while volume declined about 2% during the quarter. PPG (NYSE:PPG) today reported record net sales of $4.9 billion in the second quarter, an increase of 4% over the prior year. The company reported organic sales growth of 4% year over year (YOY) was led by higher selling prices. Organic sales exclude […]
Würth Group Reports Global Sales Up Nearly 6%
The Würth Group, world market leader in the development, production and sale of assembly and fastening materials, reports sales of €10.5 billion ($11.8 billion) in the first half of 2023, an increase of 5.9% compared to the same period last year. On a constant-currency basis, sales were up 6.6% compared to last year. The Group […]
Progressive Reports Personal Auto Policies in Force Down Slightly in June from May
Total personal auto policies in force are still up over 14% from last year. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,658,300 in June. June’s policies in force result represents an increase of 14.4% from 17,176,500 in June 2022, but down 0.04% from 19,666,500 in May. Agency personal […]
Progressive Reports Personal Auto Policies in Force Grew 14% in May
Total personal auto policies in force exceeded 19.6 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,666,500 in May, an increase of 14% from 17,200,000 in May 2022. Agency personal auto insurance policies were 8,423,200, up 10% from May 2022 and direct policies in force were 11,243,300, up […]
U.S. Property/Casualty Industry Posts $8.2 Billion Underwriting Loss in First-Quarter 2023
Net income declined 70.7% to $8.1 billion. The U.S. property/casualty (P/C) industry saw an $8.2 billion net underwriting loss in the first quarter of 2023, compared with a $3.4 billion gain in the same prior-year period, according to preliminary financial results. This financial review is detailed in a new Best’s Special Report, First Look: Three-Month […]
Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%
Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]
Progressive Reports Personal Auto Policies in Force Grew 13% in April
Total personal auto policies in force exceeded 19.5 million. The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,528,200 in April, an increase of 13% from April 2022. Agency personal auto insurance policies were 8,337,100, up 8% from 2022 and direct policies in force were 11,191,100, up 17% versus April […]
Boyd Group Reports Sales Up Over 28% in First Quarter Compared to Last Year
Same-store sales up over 25%. Boyd Group Services Inc. (TSE:BYD) today announced sales for its first quarter ended March 31 increased by 28.4% to $714.9 million from $556.8 million in the in the first quarter of 2022. The growth included same-store sales increases of 25.2%. The first quarter of 2023 recognized the same number of […]
Universal Technical Institute Reports Revenue of $163.8 Million in Fiscal Second Quarter
Universal Technical Institute, Inc. (NYSE:UTI) reported revenue was $163.8 million with UTI increasing 5.4% versus the prior year period with Concorde Career Colleges, that it acquired last year, contributing $56.3 million for its fiscal 2023 second quarter ended March 31. Net income was $3.5 million, adjusted net income of $6.3 million, and adjusted earnings before […]
GEICO Reports Collision Claim Severity 7-8% Higher in First Quarter Compared to Last Year
Collision frequency was down for the quarter. Berkshire Hathaway reported its first quarter earnings, including details about its GEICO subsidiary, the third largest private passenger auto insurer in the U.S. on May 6. The company reported claims frequencies in the first quarter of 2023 were lower for property damage (five to six percent range) […]
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 44
- Next Page »