Axalta Coating Systems Ltd. (NYSE:AXTA) announced its preliminary results for the fourth quarter of 2020. Fourth quarter net sales of $1,074.5 million decreased 2.2% from $1,098.4 million in Q4 2019, and increased 4.6% sequentially from Q3 2020 with all end-markets showing improvement, given continued recovery from pandemic-related demand impacts. According to the company refinish demand […]
PPG Reports Fourth Quarter Sales Up More Than 2%
While overall sales were up compared to 2019, net sales for automotive refinish coatings were slightly higher compared to the third quarter 2020, but below 2019. PPG (NYSE:PPG) reported fourth quarter 2020 net sales of approximately $3.8 billion, more than 2% higher versus the prior year. Selling prices increased by about 1.5%. Sales volumes decreased […]
Uni-Select Reports Third Quarter Sales Down 12.3%
Uni-Select Inc. (TSE:UNS) today reported its sales for the third quarter ended September 30 were $395.352 million, down 12.3% from 450.758 million in the third quarter of 2019. Sales for the nine month period were $1.105 billion, down 16.7% from $1.327 billion in the first nine months of 2019. Sales sequentially improved month-over-month from April […]
Boyd Group Reports Third Quarter Sales Down 10.3%
Same stores sales were down 15% as pandemic continues to impact driving. Boyd Group Services Inc. announced sales for the third quarter ending September 30 decreased by 10.3% to CA$508.3 million ($386.9 million) from CA$567.0 million ($431.6 million) in the same period of 2019, including same-store sales decreases of 15.0%, with Canada having a greater […]
GEICO Reports Collision Claims Severity Up 7-9% in First Nine Months of 2020
Frequency remained down 24-26% so far this year compared to 2019. On November 7, Berkshire Hathaway Inc. reported its third quarter earnings, including details about its GEICO subsidiary, the second largest auto insurer in the U.S. According to the company’s quarterly report, GEICO generated a pre-tax underwriting earnings of $276 million. The company reported significant […]
Allstate Brand Auto Insurance Net Written Premiums Up 1.1% in Third Quarter
Allstate brand policies in force up just 0.1%. Company continues to advance its transformative growth plan. The Allstate Corporation (NYSE: ALL) reported total revenues of $11.5 billion in the third quarter of 2020 increased 3.9% compared to the prior year quarter, reflecting net realized capital gains of $440 million and a 1.9% increase in Property-Liability […]
IAA Announces Third Quarter Revenue Down 5.4%
IAA, Inc. (NYSE: IAA) announced consolidated revenues decreased 5.4% to $338.0 million from $357.3 million in the third quarter of fiscal 2019 that ended September 27. Foreign currency movements had a positive impact of less than $0.1 million on revenue for the third quarter of fiscal 2020. Third quarter revenue through July 2020 includes $1.1 […]
LKQ Reports Revenue Down 3.2% in Third Quarter Compared to Last Year
LKQ Corporation (Nasdaq: LKQ) today reported third quarter 2020 revenue was $3.0 billion, down 3.2% year-over-year. The company’s overall parts and services organic revenue declined 4.5% year-over-year during the quarter. The net impact of acquisition and divestitures revenue was -1.0% and foreign exchange rates was 2.1%, for a total parts and services revenue decline of […]
P/C Insurers Report a 26% Drop in Net Income in First-Half 2020
Industry results show effects of COVID-19 according to Verisk and the APCIA. Net income for the private U.S. property/casualty insurance industry dropped 26% in the first half of 2020, as the effects of COVID-19 began to hurt insurer underwriting results and investment gains, according to Verisk (NASDAQ:VRSK), a leading data analytics provider, and the American […]
Axalta Reports Refinish Sales Down 9% in Third Quarter
Axalta Coating Systems Ltd. (NYSE:AXTA) reported third quarter net sales overall decreased 7.2% year-over-year to $1,026.9 million including a 0.1% foreign currency benefit, driven by 6.0% lower volumes and 1.4% lower average price and product mix. Performance Coatings third quarter net sales were $682.7 million, a decrease of 5.7% year-over-year. Constant currency organic net sales […]
- « Previous Page
- 1
- …
- 17
- 18
- 19
- 20
- 21
- …
- 38
- Next Page »