UPDATE 2-Pep Boys sees earnings below Wall Street views

Newswire

(Recasts, adds early stock activity) CHICAGO, Sept 23 (Reuters) - Auto parts retailer Pep Boys-Manny, Moe & Jack on Tuesday said third- and fourth-quarter earnings will fall short of analysts' estimates which it said overestimated the impact of a recent restructuring. Pep Boys shares fell more than 8 percent in early New York Stock Exchange trading following the announcement. Pep Boys also said it was encouraged by recent sales improvement but thought analysts were underestimating ...

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