MEMPHIS, Tenn. (Jan. 28, 2004) — TBC Corp. will report its fourth quarter and 2003 earnings after market close Feb. 11.
On Feb. 12, the Memphis-based private brand marketer will host a conference call at 10 a.m. ET. The call will be available on TBC's Web site, www.tbccorp.com, and will be archived until March 12.
In 2003's third quarter, TBC posted net sales of $362.4 million, up from $295.5 million for the year-ago period. Net income in the third quarter was $10.5 million, up from $7.6 million in 2002. TBC's total unit tire sales for the quarter were up 12.1 percent.
In the fourth quarter, TBC finalized its purchase of 225 National Tire & Battery stores from Sears, Roebuck and Co.