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
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
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
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 […]
PPG Reports Third Quarter Sales of Nearly $4.4 billion
Organic sales growth led by higher selling prices of nearly 6%. PPG (NYSE:PPG) today reported financial results for the third quarter 2021. Net sales were $4.372 billion, up 19% from $3.685 billion in the third quarter last year. Net income was $344 million, down 22% from $442 million in the third quarter of 2020. The […]
Copart Reports Fourth Quarter Revenue Up Over 42%
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 […]
A.M. Best Reports U.S. Property/Casualty Insurance Industry’s Underwriting, Net Income Increased in First-Half of the Year
The U.S. property/casualty (P/C) industry grew its net underwriting income by 28% in the first six months of 2021 compared with the same prior-year period, according to a new AM Best report. This financial review is detailed in a new Best’s Special Report, titled, First Look: Six-Month 2021 Property/Casualty Financial Results, and the data is […]
CCC Reports $166 Million Revenue in Second Quarter
CCC Intelligent Solutions Inc. (NYSE: CCCS), announced total revenue was $166.8 million for the second quarter ended June 30, up from $150.7 million for the second quarter of 2020. Adjusted for the impact of the divestiture of a portion of its First Party Clinical Services casualty solution in December 2020, total revenue grew 16% in […]
Boyd Group Reports Sales Up Over 44% in Second Quarter Compared to Pandemic Impacted 2020
Same store sales up over 34%. Boyd Group Services Inc. (TSE:BYD.TO) today announced sales increased by 44.4% to $444.6 million in the second quarter ended June 30 from $308.0 million in the same period of 2020. Same-store sales increased 34.5%, recognizing the same number of selling and production days in the U.S. and Canada in […]
Uni-Select Reports Second Quarter Sales Up Over 37% versus 2020
Organic growth was over 28% higher on comparison to pandemic impacted quarter last year. Uni-Select Inc. (TSE:UNS) today reported consolidated sales of $416.4 million, up 37.6% year over year, driven by organic growth of 28.5% and by the favorable fluctuations of the British and the Canadian currencies. This performance reflected a recovery from trough levels […]
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