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Auto Vehicles, Parts & Service Retailers

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AutoZone reports Q4 earnings per share of $15.27

Tuesday, 19 Sep 2017

Sept 19 (Reuters) - AutoZone Inc :AutoZone 4th quarter same store sales increase 1.0%; 4th quarter EPS increases 6.8% to $15.27; fiscal 2017 sales of $10.9 billion; fiscal 2017 EPS increases 8.3% to $44.07.Q4 earnings per share $15.27.Q4 earnings per share view $15.11 -- Thomson Reuters I/B/E/S.Q4 adjusted earnings per share $15.18 excluding items.Q4 sales $3.5 billion versus I/B/E/S view $3.49 billion.AutoZone Inc - at quarter-end ‍inventory increased 6.9% over same period last year, driven by new stores and increased product placement​.

Halfords annual profit falls, says confident on outlook

Thursday, 25 May 2017

May 25 (Reuters) - Halfords Group Plc :Underlying profit before tax of £75.4m, down £6.1m year-on-year.Revenue 1,095.0 million stg versus 1,021.5 million stg, +7.2%.Underlying business performance is strong and there is good momentum in delivering our strategic priorities.Currency movements will impact profits, but our mitigation plans are well developed and progress to date is encouraging.We anticipate FY18 profit to be in line with current market expectations and remain confident in outlook for group.

Mekonomen Q4 EBIT lower than expected

Wednesday, 15 Feb 2017

Mekonomen Ab : Q4 revenue increased 4 per cent to sek 1,508 m (1,447) . Q4 ebit amounted to sek 74 m (109) and ebit margin was 5 per cent (8 . Says EBIT has been negatively affected by non-recurring effects totalling SEK 31 M (21), of which SEK 6 M (0) are related to recall of Volvo cars in which defective driving belts had been installed and SEK 25 M (0) are related to divestment of the Danish business. . Board of directors proposes a dividend of sek 7.00 (7.00) . Reuters poll: mekonomen q4 revenues were seen at sek 1,496 million, ebit at sek 92 million, dividend at sek 7.00 per share . Says in quarter we have seen a continued pressure on gross margin, especially in norway, mainly driven by increased share of our sales to affiliated workshops and large customers, as well as price competition in norway. We expect this trend will continue going forward . Says provided that scrapping or export of cars do not increase, we see potential for an increasing overall market in 2017, mainly driven by a strong sales of new cars in recent years and a growing car fleet in norway and sweden . Says compared to last year we have not seen same strong chill effect this january, with some negative effect on sales of cold related products.

Marvipol to split real estate and automotive businesses

Thursday, 1 Sep 2016

Marvipol SA : Said on Wednesday that the company and Marvipol Development SA (former M Automotive Holding SA), as acquiring company, agreed and signed Marvipol's division plan . Marvipol's real estate activities managed by Warsaw-based branch will be transferred to Marvipol Development . The automotive branch will be managed by Marvipol . The company's shareholders will receive 41,551,852 series C shares of Marvipol Development at ratio 1 to 1, issued in connection with the planned division of Marvipol . The division aims to reorganize the group's activities so that Marvipol will continue to lead the automotive business and Marvipol Development SA will manage real estate activities .Marvipol Development's magagement will apply for listing of all its issued shares on the Warsaw Stock Exchange.

Advance Auto Parts elects Brad Buss and Reuben Slone to board of directors

Monday, 7 Mar 2016

Advance Auto Parts Inc:Elects Brad Buss and Reuben Slone to board of directors.Says appointments will be effective March 7, 2016.Says Buss recently retired as the chief financial officer of SolarCity Corporation.

Carchs Holdings announces merger between units

Wednesday, 10 Feb 2016

Carchs Holdings Co Ltd:Says its Tokyo-based wholly owned subsidiary which is engaged in trading of second-hand cars, to merge with another Tokyo-based wholly owned subsidiary which is engaged in management of call center business, effective on April 1.Says the subsidiary engaged in management of call center business will be dissolved after the transaction.

Dogus Otomotiv Servis ve Ticaret AS announces completion merger of Man Finansman and Volkswagen Dogus Finansman

Wednesday, 2 Dec 2015

Dogus Otomotiv Servis ve Ticaret AS:Says merger of Man Finansman and Volkswagen Dogus Finansman has been completed.After merger company's share in Volkswagen Dogus Finansman has not changed.

Dogus Otomotiv Servis ve Ticaret AS decides to halt production in unit Meiller Dogus Damper

Thursday, 19 Nov 2015

Dogus Otomotiv Servis ve Ticaret AS:Says decides to halt production in unit Meiller Doğuş Damper Sanayi.Says terminates employees' contracts working in the unit.Says distributorship of Meiller brand will be conducted by Dogus Otomotiv.Negotiations between partners are continuing on future status of Unit Meiller Doğuş Damper Sanayi.


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