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  1. - Record Sales of $4.6 Billion, Up 17% - View the full article
  2. Creates Combined Company with Enhanced Ability to Serve Customers Through Improved Scale and Expanded Service Capabilities View the full article
  3. Company Reaffirms Full-Year Guidance ROANOKE, Va.--(BUSINESS WIRE)--Apr. 2, 2018-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, today announced that Executive Vice President and Chief Financial Officer (CFO) Tom Okray has decided to leave the organization, effective April 15, 2018. Okray is leaving the company to accept an executive role with a global, publicly traded company outside of the aftermarket parts industry. While Advance conducts a search for a successor CFO, Senior Vice Pre... View the full article
  4. MEMPHIS, Tenn., March 20, 2018 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today announced its Board of Directors authorized the repurchase of an additional $1 billion of the Company’s common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone’s Board of Directors has authorized $19.7 billion. “AutoZone’s continued strong financial performance allows us to repurchase our stock while maintaining our investment grade credit ratings,” said Bill Giles, Executive Vice President, Chief Financial Officer and Information Technology. “We remain committed to utilizing share repurchases w... View the full article
  5. CHICAGO, March 02, 2018 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQ) today announced that members of its senior management will be presenting at the following investor conference: Raymond James 39th Annual Institutional Investors Conference March 6, 2018 JW Marriott Grande Lakes, Orlando, Florida Materials and an audio webcast used during the presentation will be posted to the Company's website at www.lkqcorp.com in the Investor Relations section. View the full article
  6. LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--Feb. 27, 2018-- Parts Authority, one of the largest distributors of automotive and truck parts to the aftermarket auto parts industry throughout the United States, today announced it has entered into a definitive agreement to purchase Interamerican Motor Corporation (“IMC” or the “Company”) from AutoZone, Inc, (NYSE: AZO). IMC operates 26 locations across 9 states and is the second largest distributor of OE quality import replacement parts in the United States. For over fifty years IMC has been committed to offering its customers a robust parts catalog sourced from hundreds of foreign focused ... View the full article
  7. MEMPHIS, Tenn., Feb. 27, 2018 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $2.4 billion for its second quarter (12 weeks) ended February 10, 2018, an increase of 5.4% from the second quarter of fiscal 2017 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 2.2% for the quarter. The Tax Cuts and Jobs Act of 2017 (“Tax Reform”) increased net income by $171.4 million, consisting of benefits from both revaluation of net deferred taxes of $136.7 million and a lower corporate tax rate of $59.5 million, partially offset by $24.8 million of tax expense related to repatriation taxes for accumulated earnings of foreign subsidi... View the full article
  8. Full Year 2017 Operating Cash Flow Increased 15% to $601M; Free Cash Flow Increased 56% to $411M Fourth Quarter Net Sales of $2B; Gross Profit of $874M Fourth Quarter Diluted EPS of $2.49; Adjusted EPS of $0.77 ROANOKE, Va.--(BUSINESS WIRE)--Feb. 21, 2018-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, today announced its financial results for the fourth-quarter and full year ended December 30, 2017. “Through the strong dedication of our entire team, we continued to close ... View the full article
  9. - Fourth Quarter Sales $4.2 Billion, up 11%, and Full Year Sales $16.3 Billion, up 6% - View the full article
  10. Genuine Parts Company Marks 62nd Consecutive Year Of Increased Dividends And Announces Officer Changes - Dividend for 2018 Increased by 7% - Feb 20, 2018 ATLANTA, Feb. 20, 2018 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today a 7% increase in the regular quarterly cash dividend for 2018. The Board of Directors of the Company, at its February 19, 2018 Board meeting, increased the cash dividend payable to an annual rate of $2.88 per share compared with the previous dividend of $2.70 per share. The quarterly cash dividend of seventy-two cents ($0.72) per share is payable April 2, 2018 to shareholders of record March 9, 2018. GPC has paid a cash dividend every year since going public in 1948, and 2018 marksthe 62nd consecutive year of increased dividends paid to shareholders. Genuine Parts Company also announced today that its Board of Directors approved two corporate officer changes, effective immediately. Napoleon B. Rutledge, Jr. was named Senior Vice President of Finance, and Derek B. Goshay was appointed Vice President of Safety & Sustainability. Previously, Mr. Rutledge was Vice President of Finance and has served the Company in a variety of finance and accounting roles for 18 years, including eight years as an officer. Mr. Goshay was most recently the Senior Vice President of Human Resources for EIS and has served in similar roles across several of Genuine Parts' businesses in his 15 years with the Company. Paul Donahue, President and Chief Executive Officer of Genuine Parts Company, commented, "Both Napoleon and Derek are well qualified and deserving of their new leadership roles within the Company. Napoleon's promotion further strengthens our Finance team and Derek's valuable experience enhances our corporate initiatives regarding Safety and Sustainability. We know they will do an outstanding job and look forward to their future contributions." Genuine Parts Company plans to release Fourth Quarter and Year-End Earnings later this morning. Management will also conduct a conference call at 11:00 a.m. Eastern time. The public may access the call on the Company's website, www.genpt.com, by clicking "Investors", or by dialing 800-289-0438. The conference ID is 3643063. If you are unable to participate during the call, a recording of the call will be available on the Company's website or toll-free at 844-512-2921, ID 3643063, two hours after the completion of the conference call until 12:00 a.m. Eastern time on March 6, 2018. About Genuine Parts Company Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Germany and Poland. The Company also distributes industrial replacement parts and electrical and electronic materials in the U.S., Canada and Mexico through its Motion Industries and EIS, Inc. subsidiaries. S.P. Richards Company, the Business Products Group, distributes a variety of business products in the U.S. and in Canada. SOURCE Genuine Parts Company For further information: Carol B. Yancey, Executive Vice President and CFO - (678) 934-5044, Sidney G. Jones, Senior Vice President - Investor Relations - (678) 934-5628 View the full article
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