ENGLEWOOD, Colo.-Big O Tire Inc. posted $511,000 in third-quarter earnings, a 14.7-percent drop from the year-ago period, on $39.6 million in sales, a 7.9-percent increase. Included in the franchiser's results was $419,000 in expenses associated with the shareholder proposal to consider a possible management-group buyout.
Big O's nine-month earnings slipped only 0.6 percent to $1.45 million on a 9.6-percent jump in sales to $103.1 million.