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Earnings Analysis: 
The Pep Boys; Zep Net Loss
Author: Trupti Mehta
123jump.com
Last Update: 2:01 AM ET April 09 2009



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The Pep Boys-Manny, Moe & Jack fourth quarter sales fell 10% to $465.5 million and net loss was $33.3 million or 63 cents a share. Zep Inc second quarter sales fell 14% to $114.6 million and net loss was $0.9 million or 4 cents a share.

 
[R]10:00AM New York - The Pep Boys-Manny, Moe & Jack sales fell 10% and net loss was $33.3 million. Zep Inc sales fell 14% and net loss was $0.9 million.[/R]

A-Power Energy Generation Systems, Ltd, a provider of distributed power generation systems in China reported fourth quarter revenues rose 93.5% to $81.4 million from $42.1 million a year ago. Net income in the quarter rose 197.6% to $10.0 million or 30 cents per diluted share compared to net income of $3.36 million or 25 cents per share a year ago.

Revenues for the fiscal year 2008 rose 73.6% to $264.9 million from $152.5 million a year ago. Net income for the year rose 87.5% to $28.5 million or $1.01 per diluted share compared to net income of $15.2 million or $2.23 per share a year ago.

A-Power Energy Generation Systems, Ltd (APWR: chart) in the last one year traded as high as $31.89 in June 2008 and as low as $3.00 in March 2009. Based on the yesterday’s closing price of $5.79 the company has market cap of $189.37 million.

FCStone Group, Inc, a commodity risk management firm reported second quarter revenues fell 38.5% to $56.6 million from $92.0 million a year ago. Net loss in the quarter was $50.2 million or $1.80 per diluted share compared to net income of $12.1 million or 42 cents per share a year ago.

FCStone Group, Inc (FCSX: chart) in the last one year traded as high as $43.35 in April 2008 and as low as $1.23 in March 2009. Based on the yesterday’s closing price of $3.00 the company has market cap of $83.74 million.

Jos. A. Bank Clothiers, Inc, a retailer of men''s classically styled tailored and casual clothing reported full-year revenues rose 15.2% to $695.9 million from $604.0 million a year ago. Net income in the quarter rose 16.3% to $58.4 million or $3.17 per diluted share compared to net income of $50.2 million or $2.72 per share a year ago.

Jos. A. Bank Clothiers, Inc (JOSB: chart) in the last one year traded as high as $41.71 in September 2008 and as low as $15.38 in November 2008. Based on the yesterday’s closing price of $36.61 the company has market cap of $668.16 million.

Penford Corporation, a diversified chemicals company reported second quarter sales fell 9.2% to $79.8 million from $87.9 million a year ago. Net loss in the quarter was $22.2 million or $1.98 per diluted share compared to net income of $2.3 million or 21 cents per share a year ago.

Penford Corporation (PENX: chart) in the last one year traded as high as $24.00 in April 2008 and as low as $2.07 in March 2009. Based on the yesterday’s closing price of $4.25 the company has market cap of $47.88 million.

The Pep Boys-Manny, Moe & Jack, an auto parts retailer reported fourth quarter sales fell 10% to $465.5 million from $517.6 million a year ago. Net loss in the quarter was $33.3 million or 63 cents per diluted share compared to net loss of $20.4 million or 39 cents per share a year ago.

Revenues for the fiscal year 2008 fell 10% to $1.93 billion from $2.14 billion a year ago. Net loss for the year was $30.4 million or 58 cents per diluted share compared to net loss of $41.0 million or 79 cents per share a year ago.

The Pep Boys-Manny, Moe & Jack (PBY: chart) in the last one year traded as high as $10.36 in June 2008 and as low as $2.62 in January 2009. Based on the yesterday’s closing price of $6.53 the company has market cap of $340.39 million.

Zep Inc, a cleaning products company reported second quarter sales fell 14% to $114.6 million from $133.2 million a year ago. Net loss in the quarter was $0.9 million or 4 cents per diluted share compared to net income of $1.9 million or 9 cents per share a year ago.

Zep Inc (ZEP: chart) in the last one year traded as high as $21.80 in October 2008 and as low as $6.63 in March 2009. Based on the yesterday’s closing price of $13.70 the company has market cap of $288.91 million.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.

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