American Tire Distributors

Stevie® Award Winners Announced in The 22nd Annual American Business Awards®

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星期四, 四月 25, 2024
Lake Oswego, Oregon, TriNet, Vanguard, Georgia Dome, Innovation, Wolters Kluwer, Stevie Awards, Abas, Netcracker Technology, DHL Supply Chain, Stride, Story, Marriott Marquis, Product innovation, American Tire Distributors, Gold, RHC, 5WPR, Organization, Sale, Sunlight, VMware, Advanced Drainage Systems, ISN, IBM

FAIRFAX, Va., April 25, 2024 /PRNewswire-PRWeb/ -- The Stevie® Awards, organizers of the world's premier business awards programs, today announced the Gold, Silver, and Bronze Stevie winners in The 22nd American Business Awards®.

Key Points: 
  • FAIRFAX, Va., April 25, 2024 /PRNewswire-PRWeb/ -- The Stevie® Awards, organizers of the world's premier business awards programs, today announced the Gold, Silver, and Bronze Stevie winners in The 22nd American Business Awards®.
  • For a complete list of the Stevie Award winners announced today, visit http://www.StevieAwards.com/ABA .
  • Winners of six best-of-show prizes will be awarded Grand Stevie Award trophies, to be announced the week of April 29.
  • Sponsors of The 22nd annual American Business Awards include SoftPro, Melissa Sones Consulting, and Golden Hour.

Hercules Tires Launches AG-TRAC® F-2: A Sturdy Tire Engineered for Peak Performance on Diverse Farm Terrains

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星期四, 四月 4, 2024
ATD, Farmer, HTR, AG, American Tire Distributors

The AG-TRAC® F-2 is built to withstand the demands of farm work, with a durable construction that ensures long-lasting performance.

Key Points: 
  • The AG-TRAC® F-2 is built to withstand the demands of farm work, with a durable construction that ensures long-lasting performance.
  • The AG-TRAC® F-2 is the latest addition to Hercules Tires' lineup of high-quality agricultural tires, which are known for their reliability and performance.
  • For more information about the AG-TRAC® F-2 and other Hercules Tires products, visit our website at herculestirescommercial.com .
  • Join us in revolutionizing the agricultural industry with the all-new AG-TRAC® F-2 from Hercules Tire.

Monro, Inc. Announces Third Quarter Fiscal 2024 Financial Results

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星期三, 一月 24, 2024
Aftermarket, Retail, Automotive, General Automotive, Tires & Rubber, Specialty, American Tire Distributors, Weather, Share repurchase, Comparable, Security (finance)

Sales for the third quarter of the fiscal year ending March 30, 2024 (“fiscal 2024”) decreased 5.2% to $317.7 million, as compared to $335.2 million for the third quarter of the fiscal year ended March 25, 2023 (“fiscal 2023”).

Key Points: 
  • Sales for the third quarter of the fiscal year ending March 30, 2024 (“fiscal 2024”) decreased 5.2% to $317.7 million, as compared to $335.2 million for the third quarter of the fiscal year ended March 25, 2023 (“fiscal 2023”).
  • Interest expense was $5.0 million for the third quarter of fiscal 2024, as compared to $5.9 million for the third quarter of fiscal 2023, principally due to a decrease in weighted average debt.
  • Diluted earnings per share for the third quarter of fiscal 2024 was $.38, compared to $.41 in the third quarter of fiscal 2023.
  • Monro is not providing fiscal 2024 financial guidance at this time but will provide perspective on its outlook for fiscal 2024 during its earnings conference call.

Browning West Issues Letter to Gildan Activewear Shareholders Announcing Intent to Requisition Special Meeting to Reconstitute Board of Directors

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星期五, 十二月 29, 2023
Legal, Professional Services, Acumen, Entrepreneurship, Countryside Partnerships, Terminate, RONA, Health, Retirement, Worldwide Angel, News, USD, American Tire Distributors, Fashion merchandising, Risk management, Employment, Hanesbrands, Johns Hopkins, EPS, Business, Goodmans, Legislation, 99X, Poverty, Letter, Former, Browning, Partner, Chair, BMO Capital Markets, Lazard, Walmart, Significance, Senior, Vistry Group, Environment, Exercise, WMT, Failure, Culture, Research, LLP, Alignment, Public expenditure, Education, Special, TSX, Management

Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.

Key Points: 
  • Today, Browning West issued a letter to shareholders announcing its intent to requisition a Special Meeting of Gildan Shareholders (the “Special Meeting”) to provide shareholders an opportunity to reconstitute Gildan’s Board of Directors (the “Board”) by removing five incumbent directors and installing five highly qualified individuals: Michael Kneeland, Glenn Chamandy, Peter Lee, Karen Stuckey, and J.P. Towner.
  • Browning West is a significant and long-term shareholder of Gildan, with a beneficial ownership position of approximately 5.0% of the Company’s outstanding shares.
  • We expect that Mr. Kneeland and the re-constituted Board will reassess committee composition and reassign committee chair roles.
  • Gildan’s Board has demonstrated it is unwilling to act in the best interest of the Company and its shareholders.

Correlate Energy Corp. Successfully Completes Solar Project at American Tire Distributors Headquarters, Showcasing the Economic Benefits of Clean Energy

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星期二, 十二月 12, 2023
Correlation, OTCQB, Carbon footprint, Carbon, CO2, American Tire Distributors, ATD, Renewable energy

BOISE, Idaho, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is pleased to announce the successful commissioning of a solar project at the headquarters of American Tire Distributors (ATD) in Huntersville, North Carolina.

Key Points: 
  • BOISE, Idaho, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Correlate Energy Corp. (OTCQB: CIPI) (“Correlate” or the “Company”), a growth-oriented distributed energy company, is pleased to announce the successful commissioning of a solar project at the headquarters of American Tire Distributors (ATD) in Huntersville, North Carolina.
  • As a major player in the tire industry, ATD operates over 120 distribution centers, serving approximately 80,000 customers nationwide.
  • ATD’s dedication to environmental responsibility prompted them to partner with Correlate Energy to outfit their North Carolina Headquarters with rooftop solar.
  • The completed rooftop solar system exemplifies how businesses can take steps to diminish their carbon footprint, increase their energy resilience, and achieve economic viability.

BEN Appoints Rick Howard as Chief Information and Data Officer

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星期三, 十二月 13, 2023
Technology, Other Communications, Marketing, Advertising, Other Technology, Communications, Software, Digital Marketing, Data Management, Artificial Intelligence, Growth, IBM, AI, American Tire Distributors, Knowledge, Empathy, Sustainability, Comprehension, ESG, Management

Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI, today announced the appointment of Rick Howard as Chief Information and Data Officer (“CIDO”).

Key Points: 
  • Brand Engagement Network (“BEN”), an emerging provider of personalized customer engagement AI, today announced the appointment of Rick Howard as Chief Information and Data Officer (“CIDO”).
  • Mr. Howard’s appointment rounds out the recent hiring of our management team, including Michael Zacharski as Chief Executive Officer (“CEO”), Paul Chang as Global President and Bill Williams as Chief Financial Officer (“CFO”), to provide fulsome service and expertise to our customers.
  • Mr. Howard brings a longstanding track record of successfully helping businesses in the healthcare space develop and implement their technology strategy – launching many key initiatives related to data analytics, data security, intelligent automation, and cost control to support executive clinical, operational, and financial decisions.
  • I look forward to working with our leadership team, partners, and stakeholders to continue driving innovation and growth in our sector.”

AMERICAN TIRE DISTRIBUTORS LAUNCHES REVOLUTIONARY DIGITAL HUB

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星期二, 十月 31, 2023
SEMA, American Tire Distributors, Learning, The, Growth, ATD, Satellite navigation device, Online shopping, Radius

HUNTERSVILLE, N.C., Oct. 31, 2023 /PRNewswire/ -- Today at The SEMA Show 2023, American Tire Distributors (ATD) announced the launch of 'Radius,' a new digital hub designed to integrate tires, parts, services, and solutions into one connected experience for the automotive aftermarket.

Key Points: 
  • HUNTERSVILLE, N.C., Oct. 31, 2023 /PRNewswire/ -- Today at The SEMA Show 2023, American Tire Distributors (ATD) announced the launch of 'Radius,' a new digital hub designed to integrate tires, parts, services, and solutions into one connected experience for the automotive aftermarket.
  • With a scalable and customizable experience, this automotive aftermarket marketplace provides access to what businesses need to serve their customers.
  • A proven sales model that helps tire dealers drive online sales volume, increase foot traffic, and capture nationwide online shoppers.
  • To learn more about ATD and its new digital platform, Radius, please visit atd.com/Radius.

Predii Introduces Generative AI ‘Co-Pilot’ for Automotive Service and Repair Businesses

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星期四, 十月 26, 2023
Software, Mobile, Wireless, Internet, Electronic Design Automation, Data Management, General Automotive, Technology, Automotive, Artificial Intelligence, Engineering, Automotive Manufacturing, Manufacturing, Intelligence, Catalog, Cognizant, Intellectual property, Generative, LLM, Multimedia, Environment, API, National Highway Traffic Safety Administration, AI, Medical device, Information technology, Sales, American Tire Distributors, Synthetic media

Aftermarket AI innovation leader Predii Inc. has introduced the industry’s first automotive AI “co-pilot” designed to augment and support automotive service and repair workflows.

Key Points: 
  • Aftermarket AI innovation leader Predii Inc. has introduced the industry’s first automotive AI “co-pilot” designed to augment and support automotive service and repair workflows.
  • Predii 360™ links breakthroughs in Generative AI with Predii’s 10-plus years of leadership in developing automotive-specific AI applications.
  • The solution intelligently responds to automotive service and repair questions and produces reliable, actionable intelligence to enhance the efficiency and productivity of service writers, technicians, parts counter people, and other industry professionals.
  • View the full release here: https://www.businesswire.com/news/home/20231026537107/en/
    Predii introduces generative AI “co-pilot” – Predii 360™ produces reliable and actionable intelligence for service advisors, techs, parts counter people and other automotive professionals.

Monro, Inc. Announces Second Quarter Fiscal 2024 Financial Results

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星期三, 十月 25, 2023
Aftermarket, Retail, Automotive, General Automotive, Tires & Rubber, Specialty, American Tire Distributors, Comparable, Growth, Share repurchase, Maintenance, Health, Video game, Music, Security (finance), Lease, Car rental

Sales for the second quarter of the fiscal year ending March 30, 2024 (“fiscal 2024”) decreased 2.3% to $322.1 million, as compared to $329.8 million for the second quarter of the fiscal year ended March 25, 2023 (“fiscal 2023”).

Key Points: 
  • Sales for the second quarter of the fiscal year ending March 30, 2024 (“fiscal 2024”) decreased 2.3% to $322.1 million, as compared to $329.8 million for the second quarter of the fiscal year ended March 25, 2023 (“fiscal 2023”).
  • Interest expense was $4.8 million for the second quarter of fiscal 2024, as compared to $5.7 million for the second quarter of fiscal 2023, principally due to a decrease in weighted average debt.
  • Diluted earnings per share for the second quarter of fiscal 2024 was $.40, compared to $.40 in the second quarter of fiscal 2023.
  • Monro is not providing fiscal 2024 financial guidance at this time but will provide perspective on its outlook for fiscal 2024 during its earnings conference call.

CO2 AI Now a Standalone Software Company Backed by BCG and International Venture Capital Firms

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星期三, 九月 13, 2023
Carbon, Boston Consulting Group, Database, Carbon accounting, Partnership, Product ecosystem theory, Recycling, Organization, BCG, Investment, ATD, CDP, Carbon Disclosure Project, American Tire Distributors, Complex organizations, AI, CO2, Software, Renewable energy, Copper, Agriculture, Sales

Building on previous investments by BCG, CO2 AI has successfully closed a fundraising round of $12 million with the support of Unusual Ventures and Partech, two venture capital firms based in the US and Europe, respectively, as well as BCG.

Key Points: 
  • Building on previous investments by BCG, CO2 AI has successfully closed a fundraising round of $12 million with the support of Unusual Ventures and Partech, two venture capital firms based in the US and Europe, respectively, as well as BCG.
  • This funding will enable CO2 AI to further grow its operations in both Europe and North America.
  • BCG will remain a shareholder and strategic partner, with Rich Lesser, BCG's global chair, sitting on CO2 AI's board.
  • Now, it is time for CO2 AI to soar and further expand its presence across Europe and the United States."