The Allstate Corporation (NYSE:ALL) reported total revenue of $11.47 billion in the fourth quarter of 2019 up 21.0% compared to the prior year quarter. Property-Liability insurance premiums earned increased by 5.4%. Allstate brand auto insurance net written premium grew 3.8%, and policies in force increased 1.5% in the fourth quarter of 2019 compared to the […]
Axalta Reports Fourth Quarter Refinish Sales Up 2.3%, Overall Sales Declined
Axalta Coating Systems Ltd. (NYSE:AXTA) reported fourth quarter net sales of $1,098.4 million for the fourth quarter, down 5.8%, including 1.3% negative foreign currency translation impact and a 2.0% impact from the sale of a consolidated Joint Venture (JV) interest in the second quarter. Constant currency organic net sales decreased 2.5% in the period, with […]
PPG Reports Fourth Quarter Sales Up Versus 2018
Reports above market refinish performance in U.S. and Canada. PPG (NYSE:PPG) reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. Net sales in constant currencies grew about 2% year-over-year, aided by higher selling prices of almost 2%. Sales volumes declined nearly 3% versus the prior year. Unfavorable […]
Universal Technical Institute Reports Fiscal 2019 Revenue Up 4.6%
Universal Technical Institute, Inc. (NYSE:UTI) reported financial results for the fiscal 2019 fourth quarter and full year ended September 30, 2019. Fourth quarter revenue increased 9.2% versus the prior year quarter to $87.7 million, driving fiscal 2019 revenue for the full year to $331.5 million, up 4.6% versus the prior year. New student starts, excluding […]
U.S. Property/Casualty Insurers Preliminary Nine-Month 2019 Results Show 13% Underwriting Income Increase
A.M Best reports the U.S. property/casualty (P/C) industry’s net underwriting income improved in the first nine months of 2019 by 13% compared with the same prior-year period to $4.5 billion, as growth in net earned premiums offset year-over-year increases in incurred losses and loss adjustment expenses, underwriting expenses and policyholder dividends. This financial review is […]
Copart Reports Revenue Up Over 20% in Fiscal First Quarter
Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal first quarter ended October 31. For the quarter, revenue was $554.4 million, up 93.1 million or 20.2% over the same period last year. Gross profit was $254.9 million and net income was $218.2 million. These represent an increase in gross profit of $59.0 million, or 30.1%; […]
Uni-Select Reports Third Quarter Sales of $450.8 million
FinishMaster U.S. segment reported sales of $215.7 million. Uni-Select Inc. (TSE:UNS), the parts distributor and parent of FinishMaster, reported consolidated sales of $450.8 million for the third quarter ended September 30, when compared to the same quarter last year, were affected by a foreign currency conversion impact amounting to $6.8 million or 1.5%. Consolidated organic […]
IAA Reports Revenue Up Over 11% in Third Quarter
IAA, Inc. (NYSE:IAA) announced consolidated revenues increased 11.3% to $357.3 million results for the third quarter of fiscal 2019, which ended September 29, up from $321.1 million in the third quarter of fiscal 2018. John Kett, Chief Executive Officer and President, stated, “We are pleased with our third quarter top and bottom line performance. Our […]
Boyd Group Reports Revenue Up 23.4% in Third Quarter
Same store sales up 1.7% on days adjusted basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its third quarter sales increased by 23.4% to CA$567.0 million ($428.19 million) from CA$459.6 million ($347.08 million) in 2018, including same-store sales increases of 3.3%. Same store sales increased 1.7% on a days adjusted basis, recognizing one additional […]
LKQ Corporation Announces Revenue of $3.15 Billion, Up 1% in Third Quarter
Parts and services organic revenue increased 2.3%; 0.9% on a per day basis. Announces $500 million additional stock buyback. LKQ Corporation (NASDAQ:LKQ) today reported revenue for the third quarter of 2019 of $3.15 billion, an increase of 0.8% as compared to $3.12 billion in the third quarter of 2018. For the third quarter of 2019, […]
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