Advance Auto Parts Reports 3% Increase In 3rd-Quarter Sales
However, the company plans to open fewer new stores in 2021 than previously anticipated.
O’Reilly 3rd-Quarter Sales Up 8%
Sales for the first nine months of 2021 were $10 billion, up 14% compared to the first nine months of 2020.
GPC Reports 10% Jump In Q3 Sales
Third-quarter sales for the Automotive Group were $3.2 billion, up 8.2% from 2020 and representing 66% of total company revenues.
Advance Q2 Sales Jump 6% As DIFM Business Rebounds
Overall, Advance saw year-over-year double-digit growth in its DIFM business, “and a slight decline” in its DIY sales.
O’Reilly: More Stimulus Checks Drive Q2 Sales Growth
As a third round of checks started going out in mid-March, “sales volumes accelerated meaningfully.”
AutoZone Sees 31% Surge In Q3 Sales, DIFM Business Rebounds
CEO Bill Rhodes said the same-store sales growth “was a record for any quarter since we became a publicly traded company in 1991.”
Advance Auto Parts Raises Full-Year Guidance, Boosts Dividend
The company said it now expects full-year net sales between $10.2 billion and $10.4 billion.
AutoZone Q2 Sales Increase 16% To $2.9 Billion
Domestic same-store sales increased 15.2% for the quarter, which ended Feb. 13.
Advance Auto Parts: Annual Sales Top $10 Billion For First Time
Comparable-store sales for the year were up 2.4%.
O’Reilly Reports Record Year, Fourth Quarter
Full-year 2020 revenue was $11.6 billion, up $1.45 billion (14%) from full-year 2019.
CARES Act Fuels Record Quarter For O’Reilly
The second quarter featured “the most dramatic swing in demand our business has ever seen,” CEO Greg Johnson said.
AutoZone Q3 Sales Flat, Same-Store Sales Down 1%
However, same-store sales picked up over the last four weeks of the quarter as consumers began receiving their stimulus checks.