Pep Boys reported a solid improvement in earnings yesterday.  The earnings improvement is a nice sign.  But I think pretty irrelevant until the new CEO Jeff Rachor articulates a vision for the company.  Something he indicates in the press release will be sometime in November. 

I agree with what Jeff Rachor said on the last quarterly conference call.  It took a long time for Pep Boys to get off track and I appreciate him wanting to take the time to get it right this time around. 

So this is one instance where investors really need to exercise patience.  I wouldn't care if it took longer than November.  Trying to hit an arbitrary deadline just to appease those of us (i ...

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Related Companies: Pep Boys