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There Is Still Not Much To Like At Pep Boys

2014-09-27 09:14:36| Auto Parts - Topix.net

Auto parts retailer Pep Boys has continued to post weak financial results in FY2014, including a double-digit decline in adjusted operating profit. With an uncertain path to higher future profit, there seems to be little to drive a higher market valuation at Pep Boys.

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Pep Boys Manny Moe & Jack Files (8-K) Disclosing Change in Directors...

2014-09-27 01:45:41| Auto Parts - Topix.net

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 25, 2014, Michael R. Odell, President & Chief Executive Officer of The Pep Boys - Manny, Moe & Jack and a member of the Company's Board of Directors , resigned from his positions with the Company, effective immediately.

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The Pep Boys - Manny, Moe & Jack Lowered to Hold at BB&T Corp.

2014-09-26 21:53:58| Auto Parts - Topix.net

A number of other firms have also recently commented on PBY. Analysts at Zacks downgraded shares of The Pep Boys - Manny, Moe & Jack from a "neutral" rating to an "underperform" rating in a research note on Wednesday.

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Pep Boys CEO Odell resigns, effective immediately

2014-09-26 17:57:38| Auto Parts - Topix.net

The Philadelphia-based company, which also sells auto parts, named Director John Sweetwood interim CEO and said it will look at both internal and external candidates for a permanent replacement. The company's general counsel, Brian Zuckerman, said Odell had accomplished a lot during his tenure as chief executive, which started in 2008, but recent results had been disappointing.

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The Pep Boys - Manny, Moe & Jack Cut to "Underperform" at Zacks

2014-09-24 23:50:58| Auto Parts - Topix.net

They currently have a $8.90 price target on the stock. Zacks 's price target would suggest a potential downside of 5.12% from the company's current price.

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