Wall Street Watch Wednesday: Checking Under Pep Boys’ Hood
Filed under: Earnings, Stocks in the News, Market News
Manny, Moe and Jack may have founded Pep Boys (PBY), but these days, the company is cruising solo — and learning that it’s not necessarily fun to be driving alone.
The retailer of auto parts and provider of automotive services posted uninspiring quarterly results on Tuesday night.
Sales at the 735-unit chain clocked in essentially flat at $525.7 million. Comparable-store sales were also flat, fueled by a 3.1% increase in service revenue and a 0.9% dip in merchandise sales at the same-store…
Wall Street Watch Wednesday: Checking Under Pep Boys’ Hood originally appeared on DailyFinance.com on 2012-09-05T09:57:00Z.
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