The Company is engaged in the retail sale of automotive parts and accessories, automotive maintenance and service and the installation of parts through a chain of stores.
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Following Super-Investor Carlo Cannell's lead. New management and the introduction of new, smaller-format stores should enable Pep Boys to improve its sector-worst margins. Tis better to purchase the company with the worst margins in its sector when there is a catalyst to improve them than to purchase the best-run company.
Deej