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Genuine Parts Company Reports 2018 Sales and Earnings for the Fourth Quarter and Full Year
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By Silvia
I’m trying to find to which car do these aluminum trim plates belong to? They don’t have any number or information on the back so this makes really hard to find the car brand. They seem to be left and right pieces, I’m not sure about the placement on vehicle neither..
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By AutoZone
MEMPHIS, Tenn. , Dec. 06, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.0 billion for its first quarter (12 weeks) ended November 19, 2022 , an increase of 8.6% from the first quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open
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By Counterman
Photo caption, left to right: Grant Kitching, president; Adam Fell, director of marketing; Bob Dunfield, Hirsig Frazier; Brad Schenk, VP of sales; and Frank Frederick, VP general manager
Walker Products exhibited at this year’s AAPEX show with a fresh new look and approach.
“Our re-energized approach provided a very successful show for closing new business opportunities this year,” said Adam Fell, director of marketing.
Walker also carried this enthusiasm through to celebrating a time-honored tradition within the organization: its annual Manufacturers Rep of the Year award.
“Walker Products makes a big deal with our Rep of the Year award,” stated Brad Schenk, VP of sales. “We have manufacturers reps all around the world who tell us day in and day out that they are working to win ‘The Rep Belt.’”
At the opening of show hours on Wednesday, Nov. 2, the Walker Team announced this year’s award winner: Bob Dunfield of Hirsig Frazier Co. in Richardson, Texas.
“Walker Products recognizes the extraordinary level of commitment to Walker Products that Bob displays,” Schenk said. “Going beyond the sale is an understatement when it comes to Bob Dunfield. Exceptional field support, customer follow-through and marketing intelligence are just a few examples of how Bob goes beyond the call of duty. We are very grateful to have Bob on the Walker Team and look forward to many more successful years with him and the Hirsig Frazier organization.”
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By Counterman
Advance Auto Parts reported third-quarter net sales of $2.6 billion, a 0.8% increase over third-quarter 2021.
Comparable-store sales decreased 0.7%, which Advance attributed to “increased owned-brand penetration, which has a lower price point than national brands.”
“I want to thank the entire family of Advance team members as well as our growing network of independent partners for their continued dedication,” Tom Greco, president and CEO, said in a news release. “We continue to execute our strategy to drive full year net sales growth and adjusted operating income margin expansion while returning excess cash to shareholders.”
Greco noted that Advance’s “deliberate move to increase owned-brand penetration, which carries a lower price point, reduced net sales by approximately 80 basis points and comp sales by approximately 90 basis points. We also continued to invest in our business while returning approximately $860 million in cash to our shareholders through the first three quarters of 2022.”
The company reiterated its full-year guidance of net sales between $11 billion and $11.2 billion.
“While we continue to execute against our long-term strategic plan, we’re not satisfied with our relative topline performance versus the industry this year and are taking measured, deliberate actions to accelerate growth,” Greco said.
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By Counterman
Parts Authority, one of the largest distributors of automotive and truck parts to the aftermarket, held its vendor-appreciation reception and award ceremony on Wednesday, Nov. 2, during Industry Week in Las Vegas.
The event took place at the TAO Asian Bistro and Nightclub in the Venetian Hotel.
“Our vendor reception finally returned after a small hiatus,” said Randy Buller, president and CEO of Parts Authority. “We couldn’t be happier to have hosted such a spectacular ceremony honoring phenomenal companies and exceptional partners. We are lucky to work with great leaders in the industry who are dedicated and committed to the success of our company. Congratulations and thank you from all of us at Parts Authority.”
Parts Authority started the evening by recognizing Highline Warren (pictured) as its 2022 Supplier of the Year. Highline Warren, one of the nation’s premier suppliers of automotive chemicals and products, was recognized for its overall outstanding business practices, partnership and dedication to Parts Authority and its customers.
FCS Automotive and TrakMotive received the Partnership Award, recognizing their efforts and willingness to find innovative methods that fuel both Parts Authority’s and their own organizations’ growth.
Durago and Mevotech received Supply Chain Awards. These vendors maintained a strong and steady supply chain despite challenging circumstances, Parts Authority noted.
Parts Authority recognized Standard Motor Products with the Operational Performance Award. The recipient was measured on communication, organization, and the ability to adapt and grow alongside Parts Authority. Standard Motor Products truly delivered exceptional operational performance, Parts Authority said.
ACDelco received the Program Performance Award. ACDelco was recognized for going above and beyond the “call of duty” to grow and support its brand across multiple channels nationwide, in turn benefiting both Parts Authority and its customers.
URO Parts, which offers more than 8,000 high-quality spare parts for European, American and Asian vehicles, was named the organization’s 2022 Import Supplier of the Year. URO demonstrated its ability to be a market leader in the import segment.
Depo received the 2022 New Vendor Award. Depo offers aftermarket lighting and collision parts at competitive prices. Depo was recognized for its high-quality products and ability to move quickly and successfully through the challenging process of becoming a new vendor.
Bosch received the 2022 Marketing Excellence Award. Bosch consistently delivered successful marketing strategies and support throughout the year.
Parts Authority recognized Dorman Products with the 2022 Catalog and Data Award. From new-product data to ACES and PIES to images, videos and beyond, Dorman proved to be an industry leader in all aspects of cataloging and data, Parts Authority noted.
DRiV received the 2022 Brand Recognition Award. DRiV was recognized for maintaining strong brand awareness within its portfolio of products and its consistent support of Parts Authority’s business.
Bryan Moberly, national key account manager at Bosch, was named 2022 Factory Representative of the Year. Moberly delivered consistent and outstanding support throughout the year, resulting in significant growth for Bosch, Parts Authority and its customers.
Mike Glazier, president at Glazier Sales Associates, and Robbie Riefberg of NA Williams, were named 2022 Manufacturer Representatives of the Year. Glazier and Riefberg successfully managed multiple brands and inventory within Parts Authority, while educating team members and customers.
Parts Authority awarded five recipients with the Road Warrior Award. Justin Masseo from Glazier Sales Associates, Hector Garcia from NA Williams, Bill Wilson from KSW Enterprises, Mike Beam from Idemitsu Lubricants America and Kendell Smith from Standard Motor Products were recognized for their outstanding and ongoing efforts on the front lines. These “road warriors” trained customers, educated team members and solved problems with passion and precision.
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