According to "Bizjournals.com", A 15 percent increase in same-store sales helped push revenues and earnings higher in the third quarter for Keystone Automotive Industries Inc.
The company earned $7.1 million, or 44 cents a share, up from $4 million, or 25 cents a share, for the same quarter a year ago. Quarterly revenue came in at $164.4 million, up 20 percent from $136.6 million a year ago.
For the first nine months of fiscal 2006, the company earned, $14.7 million, or 91 cents a share, on revenues of $448.4 million. For the same period last year, the company earned $9.9 million, or 63 cents a share, on revenues of $405.2 million.
It should be noted that the current nine-month period was over 39 weeks, as opposed to 40 weeks last year.
Pomona’s Keystone (NASDAQ: KEYS) distributes its automotive body parts to collision repair shops through its 129 distribution facilities, of which 22 serve as regional hubs, located in 38 states and Canada.
