Pep Boys Reports First Quarter 2015 Results Up
The Pep Boys – Manny, Moe & Jack (NYSE: “PBY”), the nation’s leading automotive aftermarket service and retail chain, announced that sales for the thirteen weeks ended May 2, 2015 increased by $3.4 million, or 0.6%, to $542.3 million from $538.8 million for the thirteen weeks ended May 3, 2014.
Comparable sales increased 0.8%, consisting of an increase of 1.3% in comparable service revenue and an increase of 0.6% in comparable merchandise sales.
Net earnings for the first quarter of fiscal 2015 were $11.9 million ($0.22 per share) as compared to net earnings of $1.6 million ($0.03 per share) recorded in the first quarter of fiscal 2014.
Operating profit for the first quarter of fiscal 2015 increased to $23.1 million from $6.0 million recorded in the first quarter of fiscal 2014.
Category: Featured
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