Pep Boys – Manny, Moe & Jack booked revenue of $524.6 million. The two analysts polled by S&P Capital IQ expected revenue of $524.7 million on the same basis.
Pep Boys saw a buyer walk away from a deal to purchase the automotive parts and repair.
At the same time, the company is expanding within its Delaware Valley stronghold. It recently opened a store on the busy Kirkwood Highway area west of Wilmington.
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via Pep Boys Beats on EPS But GAAP Results Lag – Citybizlist Philadelphia.