Keystone 4Q Follow Up (reprint 06/09/06)
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We’re playing phone tag with the CFO, so hopefully we’ll have a few more answers to some of our questions Monday. However, as indicated yesterday, while the results came in below expectations, the results demonstrated a serious turnaround (growth opportunity) is underway, with EPS climbing 71% from the prior year period.

Keystone has posted the best performance among all of the jobbers this year, up 27.2%. It’s funny that the stock initially moved up on a favorable ruling in the Illinois Supreme Court (Avery vs. State Farm,) that should have given State Farm greater confidence to allow repair shops to begin using aftermarket (generic) automotive aftermarket products in the repair ...

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Related Companies: Keystone Auto Parts
LKQ Corp.

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