Uni-Select Inc. (TSE:UNS) provided a business update for July and August, including market conditions in the U.S., Canada and the U.K., its organic sales growth, the status of its Continuous Improvement Plan and its financial position. According to the company, key industry metrics in the U.S., Canada and the U.K. are showing clear signs of […]
Uni-Select Reports Second Quarter Sales of $302.5 million
Uni-Select Inc. (TSE:UNS) today reported sales of $302.5 million, down 33.7% reflecting a lower demand due to the COVID-19 pandemic, for the second quarter ended June 30. The result represents negative organic growth of 31.9%, unfavorable fluctuations of the Canadian and British currencies, as well as the expected erosion from the integration of company owned […]
Voting Open for FinishMaster Hood Master Challenge
FinishMaster announced that voting is now open online for the crowd favorite in the very first Hood Master Challenge. Voting will remain open to August 6 and winners will be announced on August 10. To bring the focus back on the artistry within our industry, FinishMaster announced the first-annual Hood Master Challenge in February of […]
Uni-Select Says April and May Sales Better Than Expected
Uni-Select Inc. (TSE:UNS) announced that following the implementation of a number of actions to respond to the COVID-19 pandemic as previously reported, its operating performance was better than anticipated with sales for April and May as well as cash management better than the internal forecast set in late March in response to the uncertainty surrounding […]
Uni-Select Joins Aftermarket Auto Parts Alliance
Uni-Select Inc. (TSE:UNS) announced that, effective June 1, Uni-Select Canada Inc. has joined the Aftermarket Auto Parts Alliance, Inc., the global network of independent automotive warehouse distributors. “We are glad to join the Alliance as we are both driven by entrepreneurial spirit and have a strong commitment to the aftermarket,” said Brent Windom, President and […]
Uni-Select Completes Refinancing with New $565 Million Credit Facilities
Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today announced that it has successfully secured new credit facilities providing access to additional liquidity on more flexible financial terms and conditions. The new $565 million secured credit facilities, which will mature on June 30, 2023, consist of a $350 million revolving credit facility and $215 million term […]
Uni-Select Inc. Reports First Quarter Sales Down Nearly 3% on Impact from Coronavirus
Uni-Select Inc. (TSE:UNS) today reported sales of $407.7 million for the first quarter ended March 31, down 2.9% from 2019, and negative organic growth of 3.4%. The company estimated the impact from the COVID-19 crisis on sales of 3% to 4%. Excluding the effect of COVID-19, consolidated organic sales would have been relatively flat against […]
Jason Best Named Senior VP of Sales for Canada at Uni-Select
Uni-Select Inc. announced that Jason Best has joined the leadership team of Uni-Select’s Canadian Automotive Group as Senior Vice President, Sales, Canada, effective April 13. “We’re pleased to welcome such a seasoned sales leader to our team. Jason spent his entire career in the automotive aftermarket and he brings a solid track record to lead […]
Uni-Select Inc. Reports Locations Open Where Appropriate and Permitted
Third of Locations Closed, Half of Staff Furloughed Uni-Select Inc. (TSE:UNS), the parent of FinishMaster, today provided an update regarding its operations given the recent developments in the COVID-19 global pandemic. “Our first priority is always to ensure the health, safety and welfare of our 6,000 employees and customers and this is even more true […]
Joseph McCorry Named President and COO of FinishMaster, Inc.
Uni-Select Inc. (TSE:UNS) today announced that Joseph E. McCorry has been appointed to the position of President and Chief Operating Officer of FinishMaster, Inc. effective March 30. McCorry brings more than 25 years of experience in the automotive industry serving global aftermarket customers. He was most recently a board member, General Manager and Vice President, […]