Newsroom | 1548 results

Sorted by: Latest

Tires & Rubber
-

Orion S.A. Reports Second Quarter Earnings

HOUSTON--(BUSINESS WIRE)--Orion S.A. (NYSE: OEC), a specialty chemical company, today reported Second Quarter 2026 Net sales of $501 million, a 7% improvement from the prior year, as 9% higher average year-over-year oil prices and 2% favorable foreign currency translation were partly offset by 2% lower pricing, 1% reduced volumes and adverse product mix in the Rubber Carbon Black segment. During the quarter, Orion generated a consolidated Net income of $2 million and Adjusted EBITDA of $58 mill...
-

Sonic Automotive Reports Second Quarter 2026 Financial Results

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we,” “us” or “our”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Summary Second quarter total revenues of $3.9 billion, up 8% year-over-year; second quarter record total gross profit of $616.2 million, up 2% year-over-year Reported net income in the second quarter was $57...
-

Monro, Inc. Announces First Quarter Fiscal 2027 Financial Results

FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire services, today announced financial results for its first quarter ended June 27, 2026. First Quarter Results Sales for the first quarter of the fiscal year ending March 27, 2027 (“fiscal 2027”) decreased 4.6% to $287.1 million, as compared to sales of $301.0 million for the first quarter of the fiscal year ended March 28, 2026 (“fiscal 2026”). This was primarily driven by a reduction in...
-

Mavis adquirirá Pep Boys a Icahn Enterprises por US$700 millones en efectivo

WHITE PLAINS, Nueva York, y SUNNY ISLES BEACH, Florida--(BUSINESS WIRE)--Mavis Tire Express Services Corp. (“Mavis” o la “Empresa”), uno de los mayores proveedores independientes de neumáticos y servicios para vehículos de Norteamérica, e Icahn Enterprises L.P. (NASDAQ: IEP) (“IEP”) anunciaron hoy la celebración de un acuerdo definitivo por el cual una subsidiaria de Mavis adquirirá The Pep Boys-Manny, Moe & Jack Holding Corp. (“Pep Boys”) a Icahn Automotive Group LLC, subsidiaria de IEP, p...
-

Mavis to Acquire Pep Boys from Icahn Enterprises for $700 Million in Cash

WHITE PLAINS, N.Y. & SUNNY ISLES BEACH, Fla.--(BUSINESS WIRE)--Mavis Tire Express Services Corp. (“Mavis” or the “Company”), one of the largest independent tire and service providers in North America, and Icahn Enterprises L.P. (NASDAQ: IEP) (“IEP”) today announced that they have entered into a definitive agreement pursuant to which a subsidiary of Mavis will acquire The Pep Boys-Manny, Moe & Jack Holding Corp. (“Pep Boys”) from Icahn Automotive Group LLC, a subsidiary of IEP, for approxima...
-

Liberty Tire Recycling Strengthens Gulf Coast Operations and Recycling Efforts with Strategic Acquisitions

PITTSBURGH--(BUSINESS WIRE)--Liberty Tire Recycling, a portfolio company of I Squared Capital, a leading independent global infrastructure investor, today announced a major expansion of its Gulf Coast operations through the acquisition of All American Tire, Colt Tire Recycling and Genan, Inc. (US subsidiary of Genan A/S). The acquisitions significantly enhance Liberty's rubber recycling capacity, tire collections, and other capabilities across Texas and Louisiana, creating the region's most comp...
-

Monro, Inc. to Report First Quarter Fiscal 2027 Earnings on July 29, 2026

FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive repair and tire serves, will release its first quarter fiscal 2027 earnings on July 29, 2026. The Company will host a conference call and audio webcast on Wednesday, July 29, 2026, at 8:30 a.m. Eastern Time. The conference call may be accessed by dialing 1-800-715-9871 and using the required access code of 4507272. A replay will be available approximately two hours after the recording through Wednesday...
-

Superior Industries Announces Closing of Senior Financing Facility

SOUTHFIELD, Mich.--(BUSINESS WIRE)--Superior Industries International, Inc. (“Superior” or the “Company”) today announced the successful closing of a senior financing facility with PNC Bank, N.A. The financing strengthens Superior’s liquidity position, provides enhanced financial flexibility, and establishes a committed banking relationship to support the Company’s operating priorities and long-term strategic plan. The financing also provides additional capacity to execute key initiatives acros...
-

Collision Partners Acquires K&M Collision, Adds Michael Bradshaw to Executive Leadership Team

RALEIGH, N.C.--(BUSINESS WIRE)--Collision Partners acquires K&M Collision, adding Michael Bradshaw to leadership and advancing its quality-first collision repair platform....
-

EY Honors Liberty Tire Recycling CEO Thomas Womble with Entrepreneur Of The Year® 2026

PITTSBURGH--(BUSINESS WIRE)--Liberty Tire Recycling, the leading tire recycler in North America, announced that CEO Thomas Womble has been named a winner of the EY Entrepreneur Of The Year. Thomas Womble, Chief Executive Officer of Liberty Tire Recycling, has been named a recipient of the prestigious EY Entrepreneur Of The Year Award. The honor celebrates entrepreneurs who are building and leading companies with vision, growth, and lasting impact. Presented by Ernst & Young LLP (EY US), the...