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Auto Vehicles, Parts & Service Retailers

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Sonic Automotive reports Q3 earnings of $0.45/shr from cont ops

Tuesday, 24 Oct 2017

Oct 24 (Reuters) - Sonic Automotive Inc ::Sonic Automotive, Inc. reports third quarter results - record F&I results and total gross profit.Q3 adjusted earnings per share $0.40 from continuing operations.Q3 earnings per share $0.45 from continuing operations.Q3 earnings per share view $0.40 -- Thomson Reuters I/B/E/S.Q3 net loss attributable to pre-owned stores operations was $0.07 per share .Expect fiscal 2017 GAAP earnings per share from continuing operations to be between $1.55 and $1.65​.Expect fiscal 2017 adjusted earnings per share from continuing operations to be between $1.85 and $1.95​.Qtrly ‍total revenues $2.51 billion versus $2.56 billion​.Q3 revenue view $2.55 billion -- Thomson Reuters I/B/E/S.Have an active schedule that will include opening of approximately 10 additional EchoPark locations by end of 2018​.See retail activity in Houston market in Q4 to continue to be favorable as those affected by hurricane replace, repair vehicles​.FY2017 earnings per share view $1.87 -- Thomson Reuters I/B/E/S.

Pendragon says ‍for year to date revenue is up 6.7 pct

Monday, 23 Oct 2017

Oct 23 (Reuters) - Pendragon Plc ::PENDRAGON PLC - ‍REMAIN COMMITTED TO OUR STRATEGIC GOAL TO DOUBLE USED CAR REVENUE OVER FIVE YEARS TO 2021​.PENDRAGON PLC - ‍WE WILL BE SEEKING TO MAKE A SENIOR APPOINTMENT TO LEAD ALL ASPECTS OF OUR UK USED CAR OPERATIONS​.PENDRAGON PLC - ‍ARE CONDUCTING A STRATEGIC REVIEW OF PREMIUM BRANDS, TO EVALUATE BY MANUFACTURER INVESTMENT APPEAL OF THEIR FRANCHISE PROPOSITION​.PENDRAGON PLC - ‍WILL REVIEW CAPITAL REQUIREMENTS BY MANUFACTURER AND ONLY ALLOCATE CAPITAL WHERE WE SEE STRONG FUTURE PROSPECTS FOR RELIABLE RETURNS​.PENDRAGON PLC - ‍CONCLUSION OF STRATEGIC REVIEW OF US MOTOR GROUP HAS DETERMINED THAT THERE WILL BE NO FURTHER ACQUISITIONS IN USA​.PENDRAGON - ‍CONSIDERS WOULD BE APPROPRIATE IN LIGHT OF OUR CAPITAL ALLOCATION PRIORITIES TO ASSESS ONGOING VALUE OF US MOTOR BUSINESS TO GROUP.PENDRAGON PLC - ‍ANTICIPATE THAT OUR FULL YEAR UNDERLYING PROFIT BEFORE TAX WILL NOW BE APPROXIMATELY £60M​.PENDRAGON PLC - ‍ANTICIPATE RESUMPTION OF GROWTH IN PROFITS IN 2018​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR REVENUE HAS GROWN BY 6.7 PCT ON A LIKE FOR LIKE BASIS WITH USED REVENUE GROWTH OF 21.1 PCT​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR NEW GROSS PROFIT HAS REDUCED BY 10.2 PCT ON A LIKE FOR LIKE BASIS​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR USED GROSS PROFIT HAS INCREASED BY 2.1 PCT ON A LIKE FOR LIKE BASIS​.PENDRAGON PLC - ‍FOR YEAR TO DATE OUR AFTERSALES GROSS PROFIT HAS GROWN BY 3.0 PCT ON A LIKE FOR LIKE BASIS​.

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.

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.

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