ITASCA, Ill., Sept. 23 (Reuters) - Automotive services provider Midas, Inc., said on Monday its chief executive officer has resigned and it expects to report a third-quarter loss as falling wholesale parts distribution sales are hurting business. The company, which reported a profit of 35 cents a share in the prior year's third-quarter, said higher employee medical insurance costs are also weighing on its results. It said Chief Executive Officer Wendel Province, 54, would resign. He will ...
Premium Content (PAID Subscription Required)
"Midas sees 3rd-Qtr loss, says CEO Province resigns" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.