Equity Research on Advance Auto Parts Inc. and O'Reilly Automotive Inc. - Auto Parts Stores Looking Strong but Rising Auto Sa...
09 Agosto 2012 - 9:15AM
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Auto parts stores, such as Advance Auto Parts Inc. and O'Reilly
Automotive Inc., generally bore the recession well as consumers put
off buying new vehicles due to economic uncertainty. The average
age of vehicles on the road soared to new highs but the cycle now
seems to be reversing as auto sales are climbing once again. Get
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Nevertheless, O'Reilly recently reported a strong 20 percent
year-over-year rise in second quarter earnings. Compared to the
same period last year, sales grew by 6 percent. The company seems
to be keeping its attention on expanding and revamping its stores,
having opened 50 new stores during the quarter while renovating 34
to better its image. O'Reilly Automotive Inc.
report is accessible for free by registering today at
http://www.ShinesRooms.com/OReillyAutomotiveInc090812.pdf
Competitor Advance Auto Parts will be reporting its second
quarter financial results today before the markets open. Results
were not available at the time this article was written. Advance Auto Parts Inc. report is accessible for free
by registering today at
http://www.ShinesRooms.com/AdvanceAutoPartsInc090812.pdf
Falling gas prices, down 14 percent since April, could be a boon
for the industry as the trend generally leads to an increase in
miles driven and hence higher vehicular repairs.
The two Auto Parts Stores stocks research
reports are available for free by signing up now on the link below.
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