Trak Auto Corp.Landover-based Trak Auto Corp. reported...

THE BALTIMORE SUN

Trak Auto Corp.

Landover-based Trak Auto Corp. reported yesterday a net loss of $3.4 million for its first quarter, which ended April 30, compared to net income of $925,000 a year ago. Sales increased 11.9 percent, to $75.6 million, during the quarter, the company said.

The loss for the quarter is primarily the result of lower margins due to market pressures, the company said.

Trak Auto, which sells discount auto parts and accessories, has 335 stores in the Washington, Baltimore, Richmond, Va., Chicago, San Diego and Los Angeles metropolitan areas. That is 16 more than it had a year ago.

Three months ended 4/30/91

.. .. .. .. ..Revenue.. .. .. .. Net.. .. .. Share

'91.. .. ..75,649,000.. .. . (3,413,000).. .(0.59)

'90.. .. . 67,575,000.. .. .. .925,000.. .. 0.16

% change.. .. +11.9.. .. .. .. .. --.. .. .. .. --

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