Announces additional $1 billion stock repurchase program. LKQ Corporation today reported revenue for the second quarter of 2021 was $3.4 billion, an increase of 30.8% compared to $2.6 billion in the second quarter of 2020 that had been impacted by the pandemic. For the second quarter of 2021, parts and services organic revenue increased 21.9%, […]
Axalta Reports Reports Sales Up 72.6% in Second Quarter over Pandemic Impacted 2020
Axalta Coating Systems Ltd. (NYSE:AXTA) reported net sales of $1,126.8 million for its second quarter ended June 30, an increase of 72.6% year-over-year, including a 5.3% foreign currency benefit, driven by 56.4% higher volumes and 9.3% higher average price and product mix. The company reported that volume growth across all end-markets was driven by ongoing […]
AkzoNobel Reports Revenue Up 26% in Second Quarter
Revenue was also up 8% from Q2 2019 in constant currencies. AkzoNobel reported revenue of €2.511 billion ($2.96 billion) up 26% from the second quarter of 2020 impacted by the pandemic. The result was also 29% higher in constant currencies, with volumes up 26%, mainly due to strong end market demand. According to the company, […]
PPG Reports Record $4.4 Billion in Sales in Second Quarter
PPG (NYSE:PPG) today reported second quarter 2021 net sales of approximately $4.4 billion, approximately 45% higher than the prior year. Selling prices increased by 3.5% and sales volumes were higher by approximately 24% in comparison to the previous year. Favorable foreign currency translation impacted net sales by about 6%, or about $185 million, and acquisition-related […]
Copart Reports Fiscal Third Quarter Revenue of $733.9 million
Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal third quarter ended April 30. For the quarter, revenue, gross profit, and net income were $733.9 million, $381.3 million, and $286.8 million, respectively. These represent an increase in revenue of $183.6 million, or 33.4%; an increase in gross profit of $138.7 million, or 57.2%; and […]
CCC Reports Revenue of $157.8 million in First Quarter
CCC Information Services Inc. announced total revenue was $157.8 million for the first quarter of 2021 ended March 31, compared to $159.2 million for the first quarter of 2020. Adjusted for the impact of the divestiture of a portion of its professional services casualty solution in December 2020, total revenue grew 7% in the first […]
Uni-Select Reports First Quarter Sales Down 9.2% on Continuing Impact of Pandemic
Organic growth down 10.2%. Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $370.1 million for its first quarter ended March 31, down by 9.2% compared to the same quarter in 2020. According to the company sales were mainly impacted by the COVID-19 pandemic. The Corporation is reporting negative consolidated organic growth of 10.2%, predominantly from […]
Boyd Group Reports Sales Down 9.9% in First Quarter
Same store sales down 12.6% on days adjusted basis. Announces acquisition of three collision repair centers in Hawaii. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales decreased by 9.9% to $421.6 million in its first quarter ended March 31, down from $467.8 million in the same period of 2020. Same-store sales decreased by 14.2%, with […]
Driven Brands Reports First Quarter Revenue Up 83% Over Prior Year
Same store sales up 0.5%, Paint, Collision & Glass group down over 9% compared to last year. Driven Brands Holdings Inc. (NASDAQ: DRVN) on April 28 reported revenue for its first quarter ended March 27 was $329.4 million, an increase of 83% versus the prior year. The company attributed the growth to its acquisition of […]
LKQ Reports First Quarter Revenue of $3.2 Billion, Up 5.7% from Last Year
Parts and services organic revenue increased 0.6% overall and 2.2% on a per day basis during the quarter. March was up 15.7% on per day basis. LKQ Corporation (NASDAQ:LKQ) today reported first quarter 2021 revenue was $3.2 billion, an increase of 5.7% as compared to $3.0 billion in the first quarter of 2020. For the […]
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