Quantcast
Jump to content

general heavy-duty 728x90


general heavy-duty 468x60


general heavy-duty 250x250

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, Twitter, Google, and LinkedIn. 

     

Genuine Parts Company Reports Sales And Earnings For The Second Quarter Ended June 30, 2019


Auto News
 Share

Recommended Posts


general heavy-duty 728x90


general heavy-duty 468x60


general heavy-duty 250x250

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Similar Topics

    • By Counterman
      O’Reilly Automotive reported second-quarter sales of $3.67 billion, up 6% from second-quarter 2021.
      Comparable-store sales increased 4.3%, while net income was down 1% to $577 million. Comparable-store sales are up 30.4% on a “three-year stack,” which blends comparable-sales growth from the past three years.
      “After experiencing volatility in our sales results in the first quarter, the trends in our business improved and were steady throughout the second quarter,” Johnson said in a news release. “We continue to be very pleased with the strong growth in our professional business, which performed in line with our expectations for the second quarter, while our DIY business faced more pronounced pressure from the impact of high fuel prices and continued significant broad-based inflation.
      “Even facing these macroeconomic challenges, we are pleased with the strong sales volumes our team is generating in 2022, against comparisons to record comparable-store sales results the last two years. We are extremely proud of Team O’Reilly’s ability to deliver continued growth on top of the strongest years in our company’s history, and I am grateful for the unrelenting focus each of our team members places on taking care of our customers.”
      Regarding its outlook for 2022, O’Reilly lowered its sales guidance. O’Reilly now expects full-year revenue between $14 billion and $14.3 billion, down from its previous guidance of revenue between $14.2 billion and $14.5 billion. The company now expects full-year comparable sales to grow between 3% and 5%, down from its previous guidance of 5% to 7%.
      “The pressure on our DIY customers from heightened inflation and fuel prices has impacted our year-to-date performance, and we have factored the current environment into our expectations for the second half of the year,” Johnson said. “ … Despite these pressures, we remain confident in the strength of the core underlying demand drivers of our business. We are pleased with our start to the third quarter in July and are extremely confident in our team’s ability to execute our business model and provide the excellent customer service that drives our success as we finish out 2022.”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

    • DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.

    • By OReilly Auto Parts
      Free Check Engine Light Testing | O'Reilly Auto Parts
×
  • Create New...