Financial Review on Pep Boys and AutoZone - Murky Future for Auto Parts Stores

Fri Nov 9, 2012 8:00am EST

* Reuters is not responsible for the content in this press release.

  NEW DELHI, INDIA, Nov 09 (Marketwire) -- 
Third quarter results are starting to emerge from the auto parts stores
industry, which includes companies such as Pep Boys - Manny, Moe & Jack
and AutoZone, 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 Pep Boys - Manny, Moe & Jack (NYSE:
PBY) and AutoZone Inc. (NYSE: AZO), and they are accessible at has brought together some of the best financial and
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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 AutoZone at 

    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 4Q progresses, industry
players seem to be focused on new store openings, albeit as a slower
pace, and improving their balance sheets. 

    Pep Boys - Manny, Moe & Jack financial analysis available for free at 

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