Pep Boys (PBY) announced Tuesday morning that it expects to report first quarter EPS between break-even and $0.04. Revenues are expected to be between $524.0 million and $526.0 million.
Pep Boys gapped open sharply lower Tuesday, but traded in a range throughout the session. Shares finished down by 3.31 at $11.62 on strong volume. Pep Boys dropped to over a 3-month low and fell beneath its 200-day moving average.
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