Genuine Parts (GPC) came out with quarterly earnings of $2.1 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +0.96%. A quarter ago, it was expected that this auto and industrial parts distributor would post earnings of $1.66 per share when it actually produced earnings of $1.75, delivering a surprise of +5.42%.Over the last f ...

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Advance Auto Parts (AAP) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.Advance Auto Parts is one of 204 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #13 in the Zacks Sector Rank. Th ...

Core Insights - Amcon Distributing reported diluted EPS of $2.13 and revenue of $739.6 million for Q3 fiscal 2025, with no analyst estimates available for comparison [1][2] - Operating profit margins tightened due to inflation in operating costs, leading to weaker profitability despite steady sales compared to Q3 fiscal 2024 [1][6] Financial Performance - EPS decreased by 13.4% from $2.46 in Q3 2024 to $2.13 in Q3 2025 [2] - Revenue increased by 3.0% from $717.9 million in Q3 2024 to $739.6 million in Q3 2025 [2] - Operating income fell by 13.5% from $5.6 million in Q3 2024 to $4.9 million in Q3 2025 [2] - Net income decreased by 11.5% from $1.5 million in Q3 2024 to $1.3 million in Q3 2025 [2] - Gross profit rose by 3.4% from $48.0 million in Q3 2024 to $49.6 million in Q3 2025 [2] Business Overview - Amcon Distributing specializes in wholesale distribution for the convenience retail sector, serving approximately 7,900 retail outlets [3] - The company operates two segments: wholesale distribution, which is the primary revenue driver, and retail health food stores [3][4] Segment Performance - The wholesale segment generated $728.3 million in revenue, accounting for over 98% of total sales, with an operating income of $7.3 million [5] - The retail health food segment reported $11.3 million in sales and a minimal operating income of $0.1 million [5] Cost and Expenses - SG&A expenses increased by 6.5% to $42.5 million compared to Q3 fiscal 2024, outpacing revenue growth [6] - Interest expense was $2.7 million, slightly lower than $2.9 million in Q3 fiscal 2024 [6] - Operating margin was approximately 0.7% [6] Strategic Focus - The company is focusing on expanding foodservice programs, integrating new acquisitions, and investing in technology to enhance marketing and customer retention [4][7] - Management highlighted the importance of proprietary marketing programs, although these have not yet translated into improved margins [7] Cash Flow and Financial Position - Year-to-date cash flow from operations was -$12.5 million, driven by increased accounts receivable and inventory buildup [8] - Shareholders' equity increased to $113.2 million, while cash on hand was $0.83 million and total debt rose to $154.6 million [8] Future Outlook - The company did not provide specific financial guidance but intends to pursue further acquisitions and maximize liquidity [9][10] - Key risks include reliance on cigarette sales and thin operating margins, with a focus on cash management due to inventory and accounts receivable buildup [10]

The Zacks Automotive - Retail and Wholesale - Parts industry is holding up well, thanks to a mix of supportive trends. With many Americans opting to extend the life of their cars, the aging fleet continues to act as a tailwind for the industry’s long-term expansion. At the same time, vehicles are getting more complex, pushing many drivers to rely on professionals, thus giving a lift to the DIFM segment. Parts retailers are also expanding aggressively and going digital to better serve customers and drive eff ...

Core Insights - United Natural Foods, Inc. (UNFI) has updated its fiscal 2025 financial outlook while maintaining confidence in its long-term strategic goals, reflecting strong performance in the first three quarters and the impact of a cyber incident in the fourth quarter [1][3][11] Financial Outlook - For fiscal 2025, UNFI anticipates net sales of $31.6-$31.8 billion, an increase of 2.3% over fiscal 2024, compared to the previous forecast of $31.3-$31.7 billion [3][10] - Adjusted EBITDA is now expected to be between $535 million and $565 million, slightly below the previous estimate of $550-$580 million, indicating a 6.2% growth over the prior year [3][10] - Adjusted EPS has been revised to 40-80 cents from the prior range of 70-90 cents, reflecting the temporary impact of the cyber incident [4] - Free cash flow is projected at approximately $200 million, up from the prior forecast of $150 million, showing a significant improvement from negative $92 million in fiscal 2024 [4][10] Cybersecurity Incident - UNFI faced a cybersecurity incident in the fourth quarter of fiscal 2025, which is expected to reduce net sales by about $350-$400 million and lower adjusted EBITDA by $40-$50 million [5] - The incident is anticipated to incur $20 million in incremental costs and about $5 million in remediation expenses, leading to a total estimated net loss of $50 million to $60 million, including tax impact [5] - Despite the disruption, primary ordering systems were restored within 10 days, and operations are now at normalized levels, with no material impact expected beyond fiscal 2025 [6] Strategic Initiatives - UNFI continues to focus on a partner-first strategy, improving efficiency, and accelerating multi-year growth plans despite recent challenges [2][11] - The company benefits from lean management practices, wholesale business realignment, and optimization of unprofitable operations, indicating a commitment to long-term value creation [7][11] - The natural and organic business segment is experiencing impressive growth due to increased consumer demand for healthier products, aligning with broader consumer trends [8]

The  Zacks Auto Retail and Wholesale industry is undergoing major changes, driven by shifting consumer habits, policy shifts, and strategic moves by key players. EV sales are likely to see a near-term boost as buyers rush to take advantage of expiring federal incentives. At the same time, affordability remains a challenge. Though rising incomes and dealer incentives have provided slight relief, tariffs on imported vehicles continue to limit options for budget-conscious buyers.In response to these pressures, ...

CARMEL, Ind., July 16, 2025 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its second quarter 2025 financial results before the market opens on Wednesday, Aug. 6, 2025.OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, Aug. 6, 2025, at 8:30 a.m. ET. The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Herring. The conference ca ...

Core Insights - Cognizant and Kramp are collaborating to establish a cost-effective and agile IT platform aimed at enhancing operational efficiency, improving customer experience, and driving business growth [1][4] - Kramp is transitioning from a legacy system to a modern, data-driven ERP solution to facilitate market expansion and significant business growth [2][3] Company Overview - Cognizant is a leading technology company that helps clients modernize technology, reimagine processes, and transform experiences to stay competitive in a fast-changing environment [5] - Kramp is Europe's leading technical wholesaler of spare parts and accessories for the agriculture, forest & landscaping, and construction industries, operating in over 20 European countries with more than 3,500 employees [6] Project Objectives - The new ERP system will integrate commerce, supply chain management, warehousing, and finance, aiming to create a unified IT platform that enhances operational efficiency and minimizes customer demand response time [3] - The collaboration is seen as a long-term partnership focused on simplifying and standardizing processes to create incremental business value for Kramp [3][4] Strategic Importance - The initiative is expected to transform Kramp into an agile organization capable of effectively addressing customer needs and adapting to rapidly evolving market demands [4] - Cognizant emphasizes the importance of understanding foundational elements for long-term success and addressing challenges in becoming future-ready [4]

Costco Wholesale (COST) 2025 Update Summary Industry Overview - The call pertains to the retail industry, specifically focusing on Costco Wholesale's performance during the five-week retail month of June 2025. Key Financial Metrics - **Net Sales**: Reported net sales for June 2025 were $26.44 billion, representing an 8% increase from $24.48 billion in June 2024 [2] - **Comparable Sales**: - US: 4.7% - Canada: 6.7% - Other International: 10.9% - Total Company: 5.8% - E-commerce: 11.5% [2] - **Comparable Sales Excluding Gas and FX**: - US: 5.5% - Canada: 7.9% - Other International: 8.2% - Total Company: 6.2% - E-commerce: 11.2% [3] Traffic and Transaction Insights - **Traffic Growth**: Comp traffic increased by 3.4% worldwide and 2.8% in the US [4] - **Average Transaction Value**: - Worldwide average transaction value increased by 2.4%, and by 2.8% when excluding gas deflation and foreign exchange impacts [5] Regional Performance - **Strongest US Regions**: Northwest, Midwest, and Southeast showed the best comparable sales performance [5] - **International Performance**: Australia, Mexico, and Taiwan reported the strongest results among other international markets [6] Merchandising Highlights - **Food Categories**: - Foods and sundries showed positive mid-single-digit growth - Fresh foods increased by high single digits, with meat and produce being top performers [6][7] - **Non-food Categories**: - Positive mid to high single-digit growth, with jewelry, majors, and gift cards performing well [7] - **Ancillary Business Sales**: Experienced a decline in low single digits, while pharmacy, hearing aid, and optical departments were top performers [8] External Factors Impacting Sales - **Gas Price Deflation**: Negatively impacted total reported comparable sales by approximately -0.9% [4] - **Foreign Currency Impact**: - Canada: +0.2% - Other International: +3.4% - Total Company: +0.5% [4] Future Outlook - The next reporting period will cover four weeks from July 7 to August 3, 2025, compared to the same period in 2024 [8]

Company Overview - Carvana Co. is a leading e-commerce platform for buying and selling used cars, headquartered in Phoenix, AZ [11] - The company has experienced significant growth, with revenues increasing approximately 16-fold from 2017 to 2024 [11] Investment Ratings - Carvana is currently rated 2 (Buy) on the Zacks Rank, indicating a positive outlook [12] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum characteristics [12] Momentum and Earnings Estimates - Carvana has a Momentum Style Score of B, with shares rising 2.2% over the past four weeks [12] - In the last 60 days, four analysts have revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.51 to $4.99 per share [12] - The company boasts an average earnings surprise of +137.6%, indicating strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Carvana is positioned as a strong candidate for investors [13]