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Icahn Automotive trims losses despite lower sales


Icahn Automotive trims losses despite lower sales
Icahn Automotive trims losses despite lower sales
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SUNNY ISLES BEACH, Fla. Icahn Automotive, parent of Pep Boys and franchisor of AAMCO Transmissions and Precision Tune Auto Care businesses, cut its operating and net losses for quarter ended March 31 despite 5.8% lower sales.
The business, part of Icahn Enterprises L.P., cut its operating loss 78.6% to $9 million and the net loss 37% to $46 million on sales of $598 million.
The company did not comment on the reasons for the improvements in its operating and net results.
The company recently struck a deal to lease the retail space of 109 Pep Boys stores in California to ....

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Icahn Auto cuts fiscal 2020 operating loss despite 14% lower sales


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SUNNY ISLES BEACH, Fla. Icahn Automotive reduced its operating loss nearly 44% in fiscal 2020 to $45 million despite a 14.1% drop in sales, according to fiscal 2020 figures released by Icahn Enterprises L.P.
Sales for Icahn Automotive primarily the results of the Pep Boys auto service chain fell to $2.48 billion. The net result was a loss of $198 million, essentially unchanged versus fiscal 2019.
In the fourth quarter, Icahn Automotive cut its operating loss 90% to $3 million on 18% lower sales of $596 million.
Icahn attributed its earnings improvement to a number of initiatives, including an accelerated program to close underperforming parts stores and reduced spending in several areas. ....

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Police Blotter: Wide Load Won't Stop After Cracking Windshield; 6 Women Make Shoplifting Sweep At Hamilton Place


Police Blotter: Wide Load Won t Stop After Cracking Windshield; 6 Women Make Shoplifting Sweep At Hamilton Place
Wednesday, February 3, 2021
Police responded to a property damage at 18500 Interstate 24 Eastbound. A woman said the windshield of her vehicle was damaged/cracked while she was driving on the freeway. She said that while she was driving a couple of car lengths behind a semi-truck with Wide Load markings, a rock came off the truck and cracked her windshield. She said that she attempted to flag down the driver, but he did not pull over. The woman requested that a report be made for the damage to file with her insurance company. ....

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Focus Brands Appoints New Brand Executives and Names Chief People Officer


Focus Brands Appoints New Brand Executives and Names Chief People Officer
New brand management and brand marketing roles named; HR veteran takes on new post
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ATLANTA, Dec. 17, 2020 /PRNewswire/  Focus Brands®, parent company of iconic brands Auntie Anne s®, Carvel®, Cinnabon®, Jamba®, Moe s Southwest Grill®, McAlister s Deli® and Schlotzsky s®, today announced newly appointed executive brand management and marketing leadership to oversee the strategic direction of some of its brands and continue to drive brand relevance and market share. 
The appointments include the following: Kendall Ware, chief brand officer for Carvel and Cinnabon; Alisa Gmelich, chief brand officer for Auntie Anne s; Cynthia Liu, vice president of Marketing for Auntie Anne s and Danielle Porto Parra, vice president of Marketing for McAlister s Deli. Additionally, with the company s continuing focus on recruitment, retent ....

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