Saturday, January 17, 2009

Pep Boy's Balance Sheet Lacking Pep

Pep Boys (PBY-$3.42) may be a great place to go to get great prices on tires, oil changes, and automotive maintenance—but the auto parts retailer’s dependence on sale-leaseback transactions of owned properties to access funds vital for capital expenditures, inventory purchases, and store renovations should give investors pause for concern…. Read More….

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

No comments: