Pep Boys (PBY) Tops Q1 EPS by 19c

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Pep Boys Reports First Quarter 2015 Results

June 8, 2015 4:30 PM EDT

- Third Consecutive Quarter of Positive Comp Sales -

PHILADELPHIA--(BUSINESS WIRE)-- The Pep Boys Manny, Moe & Jack (NYSE: PBY), the nations leading automotive aftermarket service and retail chain, announced the following results for the thirteen weeks (first quarter) ended May 2, 2015.

Sales

Sales for the thirteen weeks ended May 2, 2015 increased by $3.4 million, or 0.6%, to $542.3 million from $538.8 million for the thirteen weeks ended May 3, 2014. Comparable sales increased 0.8%, consisting of an increase of 1.3% in comparable service revenue and an increase of 0.6% in comparable merchandise sales. In accordance with GAAP, service revenue is limited to... More