LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the second quarter of 2018 of $3.03 billion, an increase of 23.3 percent as compared to $2.46 billion in the second quarter of 2017. For the second quarter of 2018, parts and services organic revenue growth was 7.2 percent and acquisition revenue growth was 12.7 percent, while […]
Snap-On Reports Sales Up Over 3% in Second Quarter
Snap-on Incorporated (NYSE:SNA) reported second quarter net sales of $954.6 million, an increase of $33.2 million, or 3.6 percent, from 2017 levels, reflecting a $12.1 million, or 1.3 percent, organic sales gain, $8.1 million of acquisition-related sales, and $13.0 million of favorable foreign currency translation. Operating earnings before financial services of were $193.1 million or […]
PPG Reports Second Quarter Sales of $4.1 Billion, Up 9% from 2017
Refinish up “mid-single digit” percentage. PPG (NYSE:PPG) today reported second quarter 2018 net sales of about $4.1 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 6 percent year-over-year aided by higher selling prices of more than 2 percent, sales volume growth of more than 3 percent and […]
Copart Reports Revenue Up 27.9% in Fiscal Third Quarter
Copart, Inc. (NASDAQ:CPRT) reported revenue for the its fiscal third quarter ended April 30, was $478.2 million an increase of $104.3 million, or 27.9 percent above the same quarter in 2017. Gross profit was $219.1 million, an increase of $46.6 million, or 27.0 percent. Net income was $127.3 million, an increase of $36.8 million, or […]
Property/Casualty Insurance Industry Net Income Declines 15.8 Percent in 2017
Hurricanes and wildfires drive underwriting losses. Net income showed improvement in fourth quarter Private U.S. property/casualty insurers saw investment gains push the industry’s surplus to a new all-time-high value of $752.5 billion in 2017, a $51.7 billion increase from 2016, and catastrophe losses suppressed the industry’s net income after taxes to $36.1 billion in 2017, […]
Boyd Group Reports Sales Up 19.6% in First Quarter
Same stores sales up 4 percent The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent Adjusted earnings before interest, taxes, depreciation […]
Universal Technical Institute Reports Revenue Down 4.4% in Fiscal Second Quarter
Universal Technical Institute, Inc. (NYSE: UTI) reported financial results for the fiscal 2018 second quarter ended March 31, 2018. Revenues for the quarter were $80.7 million, compared to $82.5 million for the prior year period. The year-over-year revenue variance was primarily attributable to a 4.4 percent decrease in UTI’s average student population. Operating expenses for […]
Uni-Select Reports 42% Sales Increase in First Quarter Driven by The Parts Alliance Acquisition
FinishMaster organic sales down 2.8 percent versus 2017 Uni-Select Inc. (TSX:UNS) reported consolidated sales for the first quarter ended March 31 were $422.1 million, a 42.0 percent increase compared to the same quarter last year, driven by the sales generated from recent business acquisitions including The Parts Alliance, adding sales of $121.6 million or 40.9 […]
Axalta Reports Sales Up 15.7% in First Quarter
Refinish sales up 6.2 percent after benefit from currency conversion Axalta Coating Systems Ltd. (NYSE:AXTA) announced first quarter net sales of $1.165 billion increased 15.7 percent year-over-year, driven by volume growth of 8.6 percent primarily from acquisition contribution, 0.8 percent higher average selling prices and a 6.3 percent foreign currency benefit. First quarter net sales […]
LKQ Reports Revenue Up 16.1% in First Quarter
Organic revenue growth for parts and services of 3.7 percent LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the first quarter of 2018 of $2.72 billion, an increase of 16.1 percent as compared to $2.34 billion in the first quarter of 2017. For the first quarter, parts and services organic revenue growth was 3.7 percent […]
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