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You are here: Home / Archives for Earnings

Uni-Select Reports Sales Up 9.6% in Fourth Quarter

February 23, 2022 By CollisionWeek Editor

FinishMaster organic sales up 8.5% compared to 2020. Uni-Select Inc. (TSE:UNS) on Friday reported consolidated sales of $400.2 million for the fourth quarter ended December 31, up by 9.3%, mainly driven by organic growth of 7.5% and favorable Canadian and British currency fluctuations, offsetting the adverse effect of fewer billing days. Consolidated organic growth continued […]

Filed Under: News Tagged With: Earnings, Uni-Select

LKQ Corporation Reports Fourth Quarter Revenue of $3.2 Billion, up 7.9% versus 2020

February 17, 2022 By CollisionWeek Editor

LKQ Corporation (NASDAQ:LKQ) today reported revenue for the fourth quarter of 2021 was $3.2 billion, an increase of 7.9% as compared to $3.0 billion in the fourth quarter of 2020. For the fourth quarter of 2021, parts and services organic revenue increased 6.6% (7.3% on a per day basis), while the net impact of acquisitions […]

Filed Under: News Tagged With: Earnings, LKQ Corporation

Driven Brands Reports Revenue of Over $391 Million in Fourth Quarter Up 36% Versus 2020

February 16, 2022 By CollisionWeek Editor

Paint, Collision & Glass segment same-store sales up 11.4% in quarter. Driven Brands Holdings Inc. (NASDAQ:DRVN) reported revenue was $391.9 million in its fourth quarter ended December 25, 2021, an increase of 36% versus the prior year. System-wide sales were $1.2 billion, an increase of 26% versus the prior year, with 6% net store growth […]

Filed Under: News Tagged With: Driven Brands, Earnings

Axalta Reports 2021 Sales of $4.4 Billion Up Over 18% from 2020

February 1, 2022 By CollisionWeek Editor

Company reports improved operating results despite continued supply chain challenges. Persistent inflation was partially offset by continued pricing gains. Axalta Coating Systems Ltd. (NYSE: AXTA) announced net sales of $1,137.2 million increased 5.8% year-over-year for its fourth quarter ended December 31. Net sales for the full year were $4,416.2 million, an increase of 18.2% year-over-year; […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Würth Group Reports Record Sales

January 31, 2022 By CollisionWeek Editor

The Würth Group set historic records in the 2021 fiscal year: According to the preliminary annual financial statements, the company generated sales of €17.1 billion ($19.1 billion) an increase of 18.5 percent, or 19.0 percent adjusted for currency effects, from €14.4 billion in 2020. In Germany, the Würth Group’s sales grew by 14.1 percent to […]

Filed Under: News Tagged With: Earnings, Würth Group

3M Reports Fourth-Quarter Sales of $8.6 Billion, Up 0.3% Compared to 2020

January 25, 2022 By CollisionWeek Editor

Sales in automotive aftermarket up nearly 13% for the full 2021 compared to pandemic impacted 2020. 3M (NYSE: MMM) today reported fourth-quarter sales of $8.6 billion, up 0.3 percent year-on-year. Organic local-currency sales increased 1.3 percent year-on-year. For the full year sales were $35.4 billion, up 9.9 percent year-on-year and organic local-currency sales increased 8.8 […]

Filed Under: News Tagged With: 3M, Earnings

PPG Reports Fourth Quarter Sales Up 12% from Last Year

January 21, 2022 By CollisionWeek Editor

Refinish volume improved but remain below pre-pandemic levels. PPG (NYSE:PPG) reported record fourth quarter 2021 net sales of approximately $4.2 billion, an increase of 12% versus last year that was negatively impacted by the pandemic. According to the company, while underlying demand in most end-use markets remained strong, fourth quarter results continued to be significantly […]

Filed Under: News Tagged With: Earnings, PPG Industries

Axalta Reports Preliminary Fourth Quarter and Full-Year 2021 Earnings

January 18, 2022 By CollisionWeek Editor

Axalta Coating Systems Ltd. (NYSE:AXTA) provided preliminary selected fourth quarter and full-year 2021 unaudited financial updates. Results in the period reflect impacts from greater than previously forecasted raw material inflation and supply chain constraints relative to guidance initially provided on October 25, 2021. Axalta expects Net Sales growth of 5.8% for Q4, ~7% excluding foreign […]

Filed Under: News Tagged With: Axalta Coating Systems, Earnings

Service King Reported in Cash Crunch as Pandemic Continues to Impact Sales

November 23, 2021 By CollisionWeek Editor

According to an article in Bloomberg, Service King has warned its lenders that dwindling cash is casting doubt on its ability to pay debt and continue as a going concern. The business news publisher cites anonymous sources familiar with the company’s financial results indicating that lower sales compared to pre-pandemic levels is impacting the company’s […]

Filed Under: News Tagged With: Earnings, Service King Collision Repair Centers

Copart Reports Revenue of $810 Million in Fiscal 2022 First Quarter

November 18, 2021 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported revenue of $810.1 million for its fiscal 2022 first quarter financial ended October 31, 2021, an increase of $217.2 million, or 36.6%, from the previous year. Gross profit was $385.0 million, up $88.3 million, or 29.7% during the quarter and net income was $260.4 million, an increase of $60.1 million, […]

Filed Under: News Tagged With: Copart, Earnings

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