ATD 2008 Net Jumps 700%

American Tire Distributors said last week that its 2008 sales increased 4.4 per cent year-on-year while net income jumped more than 700 per cent. ATD posted 2008 sales of $1.96 billion, up from 2007 sales of $1.88 billion. Net profits, though, increased from $1.37 million in 2007 to more than $9.67 million last year. (Tire Review/Akron)