Pep Boys (PBY) Misses Q2 EPS by 4c; Comps Rose 0.3%

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Pep Boys Reports Second Quarter 2015 Results

September 8, 2015 4:30 PM EDT

Comp Sales, Margins and Net Earnings Improve

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 (second quarter) and twenty-six (six months) weeks ended August 1, 2015.

Second Quarter

Sales

Sales for the thirteen weeks ended August 1, 2015 increased by $0.8 million, or 0.1%, to $526.5 million from $525.8 million for the thirteen weeks ended August 2, 2014. Comparable sales increased 0.3%, consisting of an increase of 0.5% in comparable merchandise sales and a decrease of 0.4% in comparable service revenue. In... More