Financial Review on O'Reilly Automotive and Advance Auto Parts - Murky Future for Auto Parts Stores
09 Novembro 2012 - 11:00AM
Marketwired
Third quarter results are starting to emerge from the auto parts
stores industry, which includes companies such as O'Reilly
Automotive and Advance Auto Parts, and have been relatively solid
thus far. With more quarterly financials set to be released this
week, investors will soon be able to get a better grasp on how
individual companies have been performing as well as an impression
of the industry as a whole. Street-Wire posted reports today for
two companies,
O'Reilly Automotive Inc.
(NASDAQ: ORLY) and
Advance Auto Parts Inc.
(NYSE: AAP), and they are accessible at
http://www.street-wire.com/register.php
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Analysts have been somewhat down on the industry which fared so
well during the economic lows. The credit squeeze, high gas prices
and record age of cars on the road all drove consumers into the
arms of auto parts stores as they put off buying new cars. However,
some fear that good times could be coming to an end as auto sales
have skyrocketed this year, aided in part by record low interest
rates and pent up demand. Our financial analysis on Advance Auto
Parts at
http://www.street-wire.com/AAP09112012.pdf
Despite the seemingly unfavorable changes, earnings have so far
been encouraging, showing year-over-year growth and indicating that
while trends may be shifting demand remains strong. As the fourth
quarter progresses, industry players seem to be focused on new
store openings, albeit as a slower pace, and improving their
balance sheets. O'Reilly Automotive financial analysis available
for free at
http://www.street-wire.com/ORLY09112012.pdf
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