logo
Share SHARE
FONT-SIZE Plus   Neg

Pep Boys — Manny, Moe & Jack Sees Q1 Sales In Range Of Some $524 Mln-$526 Mln

The Pep Boys — Manny, Moe & Jack (PBY: Quote) announced preliminary financial results for the first quarter ended April 28, 2012. Net income for the quarter is expected to be between approximately breakeven and $2.0 million, while earnings per share is projected to be between approximately breakeven and $0.04.

Sales for the quarter are forecast to be between approximately $524.0 million and $526.0 million.

Pep Boys believes that its first quarter results were below expectations due to a variety of factors occurring in the ordinary course of business.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Firearms maker Smith & Wesson Holding Corp. (SWHC), Tuesday reported a drop in profit for the third quarter, as revenues and margins declined reflecting lower sales of long guns. However, earnings for the quarter came in ahead of Wall Street estimates as did revenues. Moving ahead, the company boosted... Target Corp (TGT) on Tuesday said it plans $2 billion of cost savings over the next two years, mainly at its corporate headquarters, as the discount retailer strives to boost profit and become a leaner outfit. Reports said that about $500 million of the savings would occur in the current year, and... Bob Evans Farms Inc. (BOBE) on Tuesday reported a drop in a profit for the third quarter, despite growth in revenues, with both earnings and revenues falling short of expectations. Moving head, the restaurant chain lowered its fiscal year 2015 outlook. Shares of Bob Evans Farms plunged over 18 percent...
comments powered by Disqus
RELATED NEWS
Trade PBY now with 
Follow RTT