Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal second quarter ended January 31. For the three months ended January 31, revenue, gross margin, and net income were $459.1 million, $191.6 million, and $103.3 million, respectively. These represent an increase in revenue of $109.6 million, or 31.3 percent; an increase in gross margin of $44.8 […]
LKQ Reports Revenue Up 13.4 percent in 2017
Organic revenue growth for year was 4.1 percent LKQ Corporation (NASDAQ:LKQ) today announced financial results for its fourth quarter and full year ended December 31. For the fourth quarter of 2017, revenue was $2.47 billion compared with $2.15 billion for the fourth quarter of 2016, an increase of 14.9 percent. For the fourth quarter, parts […]
Acquisitions Drive Uni-Select Sales Up 42.6% in Fourth Quarter
FinishMaster US sales up 10.1% in the fourth quarter, 8.2% for the year. Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today reported sales up 42.6 percent to $415.0 million in the fourth quarter and up 21.0 percent to $1,448.3 million for 2017 due to the Parts Alliance and other acquisitions combined with organic sales growth […]
Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million
Allstate brand auto net written premiums up 4.2 percent on growth in average premium. Accident frequency declined in the quarter. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2017. In the fourth quarter, the company reported revenue of $9.843 billion, up 6.1 percent from $9.278 billion in the fourth quarter […]
Axalta Reports Sales Up 7% in 2017
For the year, net sales were $4.35 billion, up 7.0 percent versus 2016, largely driven by acquisition contribution. Refinish up 4.7 percent in Q4 benefiting from currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the fourth quarter and full year ended December 31. Axalta reported net sales of $1,164.8 million for […]
ICBC Blames CA$935 million in First Nine Months on Surge in Crashes
The Insurance Corporation of British Columbia (ICBC) yesterday reported a net loss of CA$935 million ($757.6 million) for the first nine months of our current fiscal year covering April 1 to December 31, 2017. According to ICBC, “This is obviously a sizeable and significant loss, and is further evidence of the growing financial pressures we […]
PPG Reports Sales Up Nearly 8% in Fourth Quarter of 2017
Automotive refinish coatings organic sales improved by a mid-single-digit percentage. PPG (NYSE:PPG) reported fourth quarter 2017 net sales of approximately $3.7 billion, up nearly 8 percent versus the prior year. Sales volumes increased by 3 percent year-over-year and selling prices improved sequentially for the third consecutive quarter, adding less than 1 percent to sales growth. […]
Copart Reports Revenue Up 21.1% in First Quarter Fiscal 2018
Copart, Inc. (NASDAQ: CPRT) last week reported its financial results for the quarter ended October 31. For the quarter ended October 31 revenue was $419.2 million, gross margin was $163.3 million, and net income was $77.5 million. These represent an increase in revenue of $73.2 million, or 21.1 percent; an increase in gross margin of […]
Acquisitions Drive Uni-Select 24.3% Sales Growth in Third Quarter
FinishMaster US sales up 2.1 percent compared to 2016. Uni-Select reported consolidated sales for the third quarter ended September 30 were $395.8 million, a 24.3 percent increase compared to the same quarter last year, driven by the sales generated from recent business acquisitions, adding sales of $84.0 million or 26.4 percent of which The Parts […]
Boyd Group Reports Sales Increased 13.5% in Q3 over Last Year
Acquisitions drive sales increases, overcoming headwinds from hurricanes and currency conversion that negatively impact performance. Same store sales up 1.1 percent on per day basis. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and nine-month periods ended September 30, 2017. During the quarter, Sales increased by 13.5 percent to […]
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