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Uni-Select Reports Sales Up Over 7% in Third Quarter Compared to 2020

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FinishMaster third quarter sales were $174.9 million, also up 7%. Uni-Select Inc. (TSX: UNS) reported consolidated sales in its third quarter ended September 30 of $426.1 million, up 7.8%, driven by organic growth of 3.9% primarily resulting from increased demand and prices as global markets continue to recover from the COVID-19 pandemic. Earnings before interest, […]

Berkshire Hathaway Reports GEICO Underwriting Loss in Third Quarter of 2021

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While premiums written grew, claims frequencies and severity up across all coverage types in first nine months as driving levels returned to near pre-pandemic levels. Berkshire Hathaway reported its third quarter and nine-month earnings on November 6, including details about its GEICO subsidiary, the second largest auto insurer in the U.S. According to the company, […]

Allstate Says Supply Chain Disruptions Impacting Auto Insurance Collision Repair and Total Loss Costs in Third Quarter

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Insurer reports auto frequency above last year, but below pre-pandemic levels. Severity up on higher repair costs and used vehicle price increases. The Allstate Corporation (NYSE: ALL) today reported total revenues of $12.5 billion in the third quarter of 2021 increased 16.9% compared to the prior year quarter, reflecting higher earned premiums from National General, […]

LKQ Corporation Reports Third Quarter Revenue Up 8.2% to $3.3 Billion

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Sales were up compared to 2020 pandemic impact, but key measures that influence its business such as repairable claims remain below 2019 levels. Supply chain crisis creating acquisition opportunities. LKQ Corporation (NASDAQ:LKQ) reported Revenue for the third quarter of 2021 was $3.3 billion, an increase of 8.2% as compared to $3.0 billion in the third […]

Hertz Global Holdings Reports Revenues of $2.2 billion

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Hertz Global Holdings, Inc. (OTCPK: HTZZ; OTCPK: HTZZW) announced for the third quarter 2021, the Company generated total revenues of $2.2 billion, reflecting the continued rebound in leisure travel and tight fleet inventory as Hertz executes against its strategic roadmap. While volume continued to be lower compared to 2019 levels, these headwinds were partially mitigated […]

Driven Brands Reports Third Quarter Revenue of $371.1 Million, Up 39% Over Last Year

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Driven Brands Holdings Inc. (NASDAQ: DRVN) today reported financial results for the third quarter ended September 25, revenue was $371.1 million, an increase of 39% versus the prior year. System-wide sales were $1.2 billion, an increase of 28% versus the prior year, with 4% net store growth and an increase in consolidated same-store sales of […]

Axalta Net Sales Up 6% in Third Quarter

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Supply chain challenges continue to impact results, particularly within mobility coatings. Axalta Coating Systems Ltd. (NYSE:AXTA) announced net sales of $1,088.6 million increased 6.0% for the third quarter ended September 30 compared to the previous year, including a 1.3% foreign currency benefit, driven by 4.5% higher average price and product mix and a 1.8% M&A […]

Copart Reports Fourth Quarter Revenue Up Over 42%

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Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter and year ended July 31, 2021. For the quarter, revenue, gross profit, and net income were $748.6 million, $357.5 million, and $256.0 million, respectively. These represent an increase in revenue of $223.0 million, or 42.4%; an increase in gross profit of $107.1 million, or 42.7%; and […]

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