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Pep Boys (PBY) says it's in turnaround mode after a mild winter and slow customer spending...

  • Thursday, June 7, 2012, 9:01 AM ET
    Pep Boys (PBY) says it's in turnaround mode after a mild winter and slow customer spending contributed to lackluster results so far this year. CEO Mike Odell says the company will add 40 new stores this year, paying for the expansion with cash including the $50M it received when Gores Group walked away from a buyout deal. Shares +1.1% premarket.
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