Murray's Discount Auto Parts

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Murray's Discount Auto Parts

Download Free Evaluation Software Success Story: CSK Auto Corporation Tapping into Vital Business Performance Data and Reducing Losses Through Early Fraud Detection In 2006, CSK Auto Corporation expanded its deployment of MicroStrategy for enhanced enterprise reporting and analysis. However, cash flow in fiscal 2006 will be adversely impacted by the costs of the Murray’s integration and the costs associated with the pending Audit Committee investigation and financial statement restatements. If the investigation is substantially completed such that the Company may file its audited fiscal 2005 financial statements as well as any restated prior period financial statements within the timeframe referenced above, the Company does not believe any of the notes will be subject to a accelerated or that the lenders under the credit agreement will choose to accelerate that indebtedness. IT Application Development ManagerCSK Auto Corporation MicroStrategy, a global leader in business intelligence technology, provides integrated reporting, analysis, and monitoring software that helps leading organizations make better business decisions every day. The Company expects its cash flow from operating activities for fiscal 2006, including incremental cash flow from the Murray’s store operations, to remain strong.
The Company will conclude its evaluation and report its findings in this regard when it files its fiscal 2005 Form 10-K. . The Company anticipates that holders of certain of its outstanding notes may file notices of default with the Company relating to the delayed filing of the financial statements, north carolina franklin county which notices would be a predicate to any subsequent attempt to accelerate indebtedness.
Failure to deliver annual financial information within a stated time period results in the inability to draw on the revolver. 1% in commercial same store sales and a decline of 1. The Company believes that its fiscal 2006 first quarter sales have been negatively impacted by cooler and damper than normal weather conditions and persistently higher gasoline prices, particularly in the western United States where many of the Company’s stores are located.

Under the indentures governing CSK Auto, Inc. Securities and Exchange Commission (SEC)of its annual report on Form 10-K for the fiscal year ended January29, 2006 (fiscal 2005).
As noted in its previous release, the Company will be evaluating whether any of the matters identified in the course of the Audit Committee’s investigation were the result of one or jon boat drain plug more material weaknesses in its internal controls in addition to those previously reported in its fiscal 2004 Form 10-K. 1 CSK Auto Corp · 8-K · For4/14/06 · EX-99.
Logic: for Docs: &(and), (or); for Text: (anywhere), "(&)"(near). 4%, compared to the fourth quarter of fiscal 2004. Commercial sales will be launched in 6 Murray’s stores on May1, 2006, the first stage of a plan that is projected to result in excess of 50 of the chugiak high school choir Murray’s stores offering commercial sales by the end of fiscal year 2007.
’s $225million of senior subordinated notes and $225 million of exchangeable senior notes and under the Company’s credit agreement, SEC filing obligations exist with respect to the Company’s annual financial information. The integration of Murray’s Discount Auto Stores, which the Company acquired in December2005, is proceeding smoothly. “MicroStrategy’s ease-of-use, flexibility, and scalability for large databases offers a powerful reporting solution for growing retail CSK Auto Corporation is the parent company of CSK Auto, Inc. As set forth in the Company’s press release and Form 8-K dated March27, 2006, the matters being investigated by the Audit Committee relate primarily to the Company’s accounting for inventories and vendor allowances. 2% for the fourth quarter, consisting of an increase of 9% in commercial same store sales and a decline of 2.

Based on current information, the Company would expect to identify additional material weaknesses in its internal controls at January29, 2006. 1 Filed On 4/14/06 2:23pm ET · SEC File 1-13927 · AccessionNumber950153-6-990 Help.
MicroStrategyCSK Auto Corporation: MicroStrategy Customer Success Story Email MeSubscribeContact Us HomeCustomersSuccessesCSK Auto Corporation: MicroStrategy Customer Success Story MicroStrategy Business Intelligence Customers About Us MicroStrategy, a global leader in business intelligence technology, provides integrated reporting, analysis, and monitoring software that helps leading organizations make better business decisions card man moon topps every day. However, the nature of the investigation is such that no assurance can be given that As of April13, 2006, the Company has approximately $132million outstanding under its revolving credit agreement with a syndicate of lenders. However, the cost of any such replacement financing would likely be considerably higher than the cost of the Company’s existing indebtedness.
As of January29, 2006, the Company operated 1,273 stores in 22 states names Checker Auto Parts, Schuck’s Auto Supply, Kragen Auto Parts and Murray’s Discount Auto Parts. . As Of Filer Filing As/For/On Docs:Pgs Issuer Agent 4/14/06 CSK Auto Corp 8-K{2,7,9} 4/14/06 2:4 Bowne of Phoenix Inc/FA Current Report · Form 8-KFiling Table of Contents Document/Exhibit Description Pages Size 1: 8-K Current Report HTML 17K 2: EX-99. The Company expects to report free cash flow (cash flow from operations less capital expenditures) in excess of its prior projections for fiscal 2005. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. IT Application Development Manager at CSK Auto Corporation. .
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Additional information about issues that could lead to material changes in the Company’s performance is contained in the Company’s filings with the Securities and Exchange CSK Auto Corporation is the parent company of CSK Auto, Inc. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. 1 · Miscellaneous Exhibit This is an EDGAR HTML document rendered as filed. The Company will file its financial statements as soon as reasonably practicable; however, the timing is dependent upon substantial completion of the Audit Committee investigation and completion by the Company of its required assessment of internal control over financial reporting for fiscal 2005 and restatement of historical financial results. “With MicroStrategy, we gain critical insights into our business that help us to analyze sales trends, reduce losses through early fraud detection, and improve our vendor performance. Same store sales for the first nine weeks of the first quarter of fiscal 2006 (ending April30, 2006) declined 2.
As previously announced, the Company expects its financial results for each of the three fiscal years 2002, 2003 and 2004, selected consolidated financial data for each of the five fiscal years 2000 through 2004 and interim financial information for each of its quarters in fiscal year 2004 and for the first three quarters of fiscal 2005, will need to be restated in order to account properly for the matters identified in connection with the investigation. As of April 30, 2006, robotussin lyrics mc chris the Company operated 1,288 stores in 22 states under the brand names Checker Auto Parts, Schuck’s Auto Supply, Kragen Auto Parts, and Murray’s "We chose MicroStrategy because it had the lowest cost of entry with all the user-friendly reporting features and performance our users wanted. The Company is working with its credit agreement lenders to obtain a temporary waiver of the stated time limit to permit continued access to the credit facility pending substantial completion of the investigation, though there can be no assurance that the Company will receive such a waiver. 9%, consisting of an increase of 5. CSK Auto Corporation is the parent company of CSK Auto, Inc.

The Company expects to open 10 net new CSK and Murray’s stores in the first quarter of fiscal 2006, and 55 net new CSK and Murray’s stores for fiscal year 2006. Future cash flow would likely also be negatively impacted if the Company were required to refinance any of its existing indebtedness.