Equity Research on Advance Auto Parts Inc. and O'Reilly Automotive Inc. - Auto Parts Stores Looking Strong but Rising Auto Sales Threatening
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/09/12 -- has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Auto Parts Stores industry and are offering free analytical research on (NYSE: AAP) and (NASDAQ: ORLY). Register with us now to have free access to these research reports. Simply click on the link below.
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 your free reports on and at . There is no commitment to join.
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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. report is accessible for free by registering today at
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. report is accessible for free by registering today at
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.
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Datum: 09.08.2012 - 06:15 Uhr
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