UPDATE 1-Pep Boys to incur balance of closure charges in Q4

Newswire

(Recasts, adds details) NEW YORK, Dec 18 (Reuters) - Automotive parts and service chain Pep Boys-Manny, Moe & Jack restated quarterly results on Tuesday and said a portion of its charges stemming from store closures should have been recorded in the third quarter. The company said its third-quarter loss from continuing operations -- before the cumulative effect of a change in accounting principle -- was $28 million, or 54 cents a share, wider than its previously reported loss of ...

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