Earnings history for Pep Boys.
July 04 Est .37 Actual .29
Oct. 04 Est .20 Actual .14
Jan. 05 Est .01 Actual -.18
Apr. 05 Est .20 Actual -.04
Total Miss past 12 months .57 cents.
Next earnings report est .11 cents.
Im not sure that Pep Boys can hold in there if they miss again. Debts already reduced to junk. BBB-
What do I know? None of you listened to me when I last recommended Kosp.
I cant help but wonder if high gas prices will keep mileage off older cars and the need to replace tires will drop. Employee pricing has encouraged many to trade in clunkers for new cars and that wont help pep boys either. They seem to be remodeling their entire line of stores and I cant imagine earnings being positive until they get done with that project. But hey, Im just a good ole boy from Texas and shorting stock can be tricky.
Oh well .... Do your own due diligence.
Happy Motoring All,
Bugshu