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Advance Auto CEO to retire as growth slows down

2015-11-12 19:14:15| Auto Parts - Topix.net

Advance Auto Parts announced its CEO is stepping down as the retailer also reported a decline in third quarter profit and nearly flat same store sales. The auto parts retailer reported that for the third quarter ended Oct. 10, same store sales increased .5%.

Tags: down auto growth advance

 

Advance Auto Parts misses Street 3Q forecasts

2015-11-12 15:04:34| Auto Parts - Topix.net

On a per-share basis, the Roanoke, Virginia-based company said it had profit of $1.63. Earnings, adjusted for restructuring costs and amortization costs, came to $1.95 per share.

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North American auto industry in high gear: Scotiabank

2015-11-11 23:28:57| Canadian Plastics Headlines

Global car sales regained momentum in September 2015, a new report from Scotiabank said, climbing 3% above a year ago the strongest performance since March. According to Scotiabanks latest Global Auto Report, the improvement was led by double-digit year-over-year… The post North American auto industry in high gear: Scotiabank appeared first on Canadian Plastics.

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China Auto Sales Gain Most in 10 Months

2015-11-11 09:41:22| Auto Dealers - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Passenger-vehicle sales rose at the fastest pace in 10 months after the government cut a tax on purchases, benefiting carmakers like Great Wall Motor Co.

Tags: auto months sales china

 

Advance Auto Parts (AAP) Scheduled to Post Quarterly Earnings on Thursday

2015-11-11 09:24:56| Auto Parts - Topix.net

Advance Auto Parts is scheduled to be announcing its Q315 earnings results on Thursday, November 12th. Analysts expect the company to announce earnings of $2.09 per share and revenue of $2.33 billion for the quarter.

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