Organic growth in paint segment 0.7 percent during the quarter and 2.2 percent YTD Uni-Select Inc. (TSX:UNS), the parent of FinishMaster, reported its financial results for the third quarter ended September 30. Consolidated sales for the third quarter were $318.5 million, a 15.3 percent increase, mainly driven by the sales generated from recent business acquisitions, […]
Enterprise Holdings Reports Revenue of $20.9 Billion, Customers Logging More Than 25 Billion Miles Globally Every Year
Revenue up by 8.1 percent during Fiscal 2016 Enterprise Holdings Inc. and its affiliate Enterprise Fleet Management Inc. grew total revenues by 8.1 percent to more than $20.9 billion, increased overall fleet size to almost 1.9 million vehicles, and expanded their network to include more than 9,600 fully staffed locations during its fiscal year 2016 […]
Axalta Reports Third Quarter Sales of $1.02 Billion
Refinish net sales up 4.9 percent excluding the impact of foreign currency translation. Axalta Coating Systems Ltd. (NYSE:AXTA) announced its financial results for the third quarter ended September 30, 2016. The company reported net sales of $1.0234 billion for the third quarter of 2016 benefitting from volume and pricing growth that was offset in part […]
LKQ Corporation Announces Third Quarter Revenue Up 30%
Reports year-to-date organic growth of 5.1 percent. LKQ Corporation (LKQ) today reported revenue for the third quarter of 2016 of $2.39 billion, an increase of 30.3 percent as compared to $1.83 billion in the third quarter of 2015. Net income for the third quarter of 2016 was $122.7 million, an increase of 21.1 percent as […]
PPG Reports Third Quarter Earnings
Automotive refinish sales growth at “a low-single-digit” percentage rate. PPG (NYSE:PPG) today reported third quarter 2016 net sales of $3.8 billion, up almost 2 percent versus the prior-year figure of $3.7 billion. Sales volumes grew 1.6 percent and acquisition-related sales contributed more than 2 percent, partly offset by a slight decline in selling prices. Unfavorable […]
Property/Casualty Insurers Report $21.7 Billion Net Income After Taxes in First-Half 2016
Insurers report $1.5 Billion Net Underwriting Loss. Combined ratio deteriorated to 99.8 percent in first half of 2016. Premium growth slows. Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016—the first year-to-date net underwriting loss in more than three years—and saw their net income after taxes drop […]
Copart Reports Revenue Up 17.8% in Fiscal Fourth Quarter
Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal fourth quarter and year ended July 31, 2016. For the three months ended July 31, 2016, revenue, gross margin, operating income, and net income were $332.7 million, $141.5 million, $106.2 million, and $84.1 million, respectively. These represent an increase in revenue of $50.4 million, or 17.8 […]
Boyd Group Report 18.8 percent Sales Growth in Second Quarter
Same store sales up 5.1 percent during quarter. Collision repair facility operator has added 38 locations this year. The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and six-month periods ended June 30. For the quarter, sales increased by 18.8 percent to CA$331.0 million ($256 million) from CA$278.7 million ($215.6 million) […]
LKQ Reports 5.6% Parts and Services Organic Revenue Growth in Second Quarter
LKQ Corporation (NASDAQ:LKQ) today reported record revenue for the second quarter of 2016 of $2.45 billion, an increase of 33.3 percent compared to $1.84 billion in the second quarter of 2015. Net income for the second quarter of 2016 was $140.7 million, an increase of 17.6 percent as compared to $119.7 million for the same […]
Uni-Select Reports Paint Segment Sales Up 26% in Second Quarter
Uni-Select Inc. (TSE:UNS), the parent company of FinishMaster with automotive refinish and industrial paint and related products across North America, reported $323.8 million in sales, up 0.1 percent organically. According to the company increases in its paint sales were offset by declines in automotive products during second quarter ended June 30. Paint segment sales were […]
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