O'Reilly Auto Parts

Auto Parts 4 Less Group Inc. Announces Successful Debt Conversion to Strengthen Balance Sheet

Retrieved on: 
Monday, March 11, 2024

These agreements represents a crucial step in the Company's strategy to reduce its liabilities and strengthen its equity position.

Key Points: 
  • These agreements represents a crucial step in the Company's strategy to reduce its liabilities and strengthen its equity position.
  • "By removing this debt and accounts payable from our balance sheet, we are enhancing our financial health and positioning ourselves for future success."
  • The two-year lockup period further underscores the commitment of all parties to the continued success and growth of Auto Parts 4 Less.
  • "We are dedicated to maintaining a strong balance sheet and pursuing strategic opportunities that will drive value for our shareholders," concluded Davenport.

Auto Parts 4 Less Group Inc. Invites Shareholders and Investors to Upcoming Presentation on Buffalo Fireside Chats

Retrieved on: 
Thursday, March 7, 2024

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., will provide significant news and updates about the company, outlining the latest developments and future plans.

Key Points: 
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., will provide significant news and updates about the company, outlining the latest developments and future plans.
  • This is a unique opportunity for shareholders, investors, and interested parties to gain insights into the company's direction and engage with its leadership.
  • "I look forward to sharing our progress and exciting prospects for Auto Parts 4 Less Group Inc. on the Buffalo Fireside Chats platform."
  • For more information about Auto Parts 4 Less Group Inc., please visit www.AutoParts4LessGroup.com .

Auto Parts 4 Less Group Inc. Announces the Reactivation of LiftKits4Less.com to Accelerate Revenue Growth and Diversify Offerings

Retrieved on: 
Monday, March 4, 2024

Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are thrilled to bring LiftKits4Less.com back into operation as part of our blended revenue model.

Key Points: 
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated, "We are thrilled to bring LiftKits4Less.com back into operation as part of our blended revenue model.
  • This decision aligns with our commitment to providing a diverse range of high-quality automotive parts and accessories to our customers.
  • Auto Parts 4 Less Group Inc. remains committed to growing its revenue and working towards profitability in the near future.
  • For more information about Auto Parts 4 Less Group Inc. and LiftKits4Less.com, please visit www.AutoParts4LessGroup.com and www.LiftKits4Less.com .

Auto Parts 4 Less Group Inc. Announces Major Debt Restructuring and Continuation of Growth Strategy

Retrieved on: 
Tuesday, February 20, 2024

The company has entered into agreements with Auctus Investment Group and Growth Ventures to convert a combined total of $7,439,599 of outstanding debt into a preferred share structure.

Key Points: 
  • The company has entered into agreements with Auctus Investment Group and Growth Ventures to convert a combined total of $7,439,599 of outstanding debt into a preferred share structure.
  • This strategic move is expected to enhance the company's balance sheet and provide greater financial flexibility.
  • Christopher Davenport, CEO of Auto Parts 4 Less Group Inc., stated: "We are thrilled to announce this significant milestone in our ongoing efforts to strengthen our financial position.
  • For more information about Auto Parts 4 Less Group Inc., please visit www.AutoParts4LessGroup.com

Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the fourth quarter and full year ended December 30, 2023.

Key Points: 
  • Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the fourth quarter and full year ended December 30, 2023.
  • Comparable store sales for the fourth quarter 2023 decreased 1.4%.
  • The company's SG&A was $999.4 million in the fourth quarter, or 40.6% of Net sales compared with 38.8% for the prior year quarter.
  • The company's fourth quarter Operating loss was $48.6 million, or (2.0)% of Net sales compared with the fourth quarter of the prior year Operating income of $119.3 million or 4.8% of Net sales.

Advance Auto Parts Announces Date for Its Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, February 14, 2024

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its fourth quarter and full year 2023 results before the market opens on Wednesday, February 28, 2024.

Key Points: 
  • Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its fourth quarter and full year 2023 results before the market opens on Wednesday, February 28, 2024.
  • Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time on Wednesday, February 28, 2024.
  • The webcast will be accessible via the company’s Investor Relations website ( ir.AdvanceAutoParts.com ).
  • A replay of the conference call will be available on the company’s Investor Relations website for one year.

Advance Auto Parts Puts a Charge in American Motorists on National Battery Day With Free DieHard® Auto Batteries Giveaway and Complimentary Battery Testing Nationwide Feb. 18

Retrieved on: 
Wednesday, February 14, 2024

Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, is jump-starting motorists’ attention to the safety and reliability of their automobiles by giving away free DieHard® batteries on National Battery Day, Sunday, Feb. 18.

Key Points: 
  • Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, is jump-starting motorists’ attention to the safety and reliability of their automobiles by giving away free DieHard® batteries on National Battery Day, Sunday, Feb. 18.
  • View the full release here: https://www.businesswire.com/news/home/20240214445947/en/
    Customers who visit their local Advance Auto Parts store on National Battery Day, Sunday, February 18, may be randomly selected to receive a free DieHard auto battery.
  • On National Battery Day, Sunday, Feb. 18, Advance will surprise randomly selected customers with a free DieHard® battery, including those getting their current battery tested, at participating stores nationwide.
  • As part of National Battery Day, Advance is partnering with pro football star quarterback Baker Mayfield to encourage motorists to get their car batteries tested.

USD 30.83 billion growth expected in Automotive Parts Aftermarket Market in US between 2022 and 2027, Analysing Growth in passenger vehicles segment - 17,000+ Technavio Research Report

Retrieved on: 
Friday, February 2, 2024

NEW YORK, Feb. 2, 2024 /PRNewswire/ -- The automotive parts aftermarket market in US is estimated to grow by USD 30.83 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 2, 2024 /PRNewswire/ -- The automotive parts aftermarket market in US is estimated to grow by USD 30.83 billion from 2022 to 2027, according to Technavio.
  • Aftermarket automotive parts typically come with warranties ranging from 1 to 3 years, enhancing buyer confidence in the commercial market.
  • The growth in the availability of automotive aftermarket parts on e-commerce platforms is a significant trend impacting the growth.
  • What are the key data covered in this Automotive Parts Aftermarket Market In US report?

Sustainable Home and Garage Brand Gear Hugger Unveils New Rust Protection Solution

Retrieved on: 
Tuesday, January 23, 2024

SOLANA BEACH, Calif., Jan. 23, 2024 /PRNewswire/ -- Gear Hugger, a brand created to preserve your favorite gear and protect the planet, today announces the release of its latest eco-friendly home innovation: Rust Protection. Using a non-toxic, vegetable oil base, Gear Hugger's Rust Protection provides a sustainable anticorrosive solution crafted from environmentally friendly additives that form a protective layer on metal surfaces and equipment parts, shielding them from corrosion against moisture and penetrating and loosening oxidation adhesions to metal.

Key Points: 
  • Non-Toxic Rust Protection Extends the Life of Gear with its Eco-Friendly, Anti-Corrosive Properties
    SOLANA BEACH, Calif., Jan. 23, 2024 /PRNewswire/ -- Gear Hugger , a brand created to preserve your favorite gear and protect the planet, today announces the release of its latest eco-friendly home innovation: Rust Protection .
  • "We're elated to kick off the year by offering consumers another product to green-ify their garages," said Checo Diaz, founder of Gear Hugger.
  • "The Rust Protection furthers our mission to introduce clean innovations that span the home, garage, outdoors and beyond.
  • Gear Hugger Rust Protection joins the brand's eco-friendly product line, including the award-winning Multi-Purpose Lubricant and Heavy-Duty Degreaser .

Fred Di Tosto Appointed President of Martinrea International Inc.

Retrieved on: 
Monday, January 8, 2024

TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Fred Di Tosto has been appointed President of the Company.

Key Points: 
  • TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that Fred Di Tosto has been appointed President of the Company.
  • “I have worked side by side with Fred since I came here as President and CEO almost ten years ago.
  • Prior to joining Martinrea, Mr. Di Tosto was with KPMG LLP where he served various multinational companies, including Martinrea.
  • Mr. Di Tosto has a Bachelor’s Degree in Mathematics for Commerce from York University and is a Chartered Accountant by designation.