Midas Franchise News
Browse the latest corporate news from Midas.
The golden touch is back at the car-care company Midas, judging by its positive sales results and success in extending its retail footprint.
Executive Management Retiree Joins Leading Industry Organization Reporting 27 Consecutive Months of Sales Growth
Midas’ focus on expanding its retail footprint is paying dividends. The famous car-care company, which racked up 27 consecutive months of comparable store sales increases, has recruited 23 new franchisees in the past six months.
Starting this winter, the famous 58-year-old car-care company - known for its Midas Touch and complete car care - is reaching out and also gaining a reputation for community care.
It’s not often a car hits 250k miles, let alone 500k, but Dallas resident Lori Duewell’s Honda Fit is proof that regular vehicle maintenance is key to hitting half a million miles.
TBC Corporation (“TBC”) today announced that it has completed the acquisition of Midas, Inc. through one of its wholly owned subsidiaries, with Midas being the surviving corporation.
TBC Corporation Announces Results of Tender Offer for All of the Outstanding Shares of Common Stock of Midas, Inc.
TBC Corporation today announced that it has accepted for payment all of the shares of Midas, Inc. common stock tendered pursuant to TBC's tender offer for all of the outstanding shares of common stock of Midas, Inc. at a purchase price of $11.50 per...
TBC Corporation Commences Tender Offer for All Outstanding Shares of Midas, Inc. - Previously-Announced Offer Price of $11.50 Per Share in Cash
TBC Corporation and Midas, Inc. (NYSE: MDS) today announced that TBC Corporation has commenced the previously announced tender offer for all of the outstanding shares of common stock of Midas at a price of $11.50 per share.
TBC Corporation and Midas, Inc. (NYSE: MDS) today announced that they have entered into a definitive merger agreement, pursuant to which TBC will acquire Midas through a cash tender offer at $11.50 per share.
The presentation by Midas, Inc. (NYSE: MDS), at the C L King "Best Ideas" Conference at the Omni Berkshire Place Hotel in New York will be available via webcast on Tuesday, Sept. 13, beginning at 2:45 p.m. ET.
Midas International Corporation, one of the world's largest automotive service providers, and its Chicago-land Midas dealers are supporting the welfare of U.S. troops in Iraq and Afghanistan with the sponsorship of Operation Support Our Troops - America.
Midas International Corporation, the auto service provider, is sponsoring a benefit concert by award-winning actor Gary Sinise and his Lt. Dan Band on Friday, May 6, at Joe's Bar, 940 W. Weed St., in Chicago.
Midas' Bank Group Grants Waiver, Modifies Loan Convenants to Accommodate Payment of Award in European Arbitration
Midas, Inc. (NYSE: MDS) has been granted a waiver by its bank group for violating certain financial covenants in its existing revolving credit facility, as a result of a recent ruling in the arbitration between the company and its European licensee MESA S
Midas' Strong Comparable Shop Retail Sales Continue into Fourth Quarter; November Sales up 4.5 Percent in U.S. Shops and Nine Percent in Canada
Midas, Inc. (NYSE: MDS) said that retail sales growth at Midas shops in the United States has continued to gain the momentum that began building in the fourth quarter of 2009.
From lower air temperatures and falling snow to icy roads and even reduced visibility due to fewer daylight hours, winter driving poses a number of challenges. Midas International Corporation, one of the world's largest providers of automotive services, h
Music Fans Have Selected the "Next Great Road Songs" in Midas Franchise and Spin Magazine Rock the Highway Competition
Music fans have spoken. They have chosen the "next great road songs" in a summer-long contest sponsored by auto service provider Midas International Corporation and SPIN.
As California motorists take to the road this Labor Day, Midas is teaming up with nationally known Car Coach(R) Lauren Fix to offer tips to help keep your vehicle safe and reliable. Getting your car ready in advance of a road trip will not only help save
Midas, Inc. (NYSE:MDS) reported net earnings of $0.8 million--or $0.06 per diluted share--for the second quarter ended July 3, 2010, compared to $0.4 million--or $0.03 per diluted share--in the second quarter of 2009. Second quarter 2010 results were nega
The submissions are in, and the competition for the title is now under way. Midas International Corporation and SPIN today announced the top 20 finalists in their search for the "Next Great Road Song." Listeners can vote to determine the winners at http:/
Midas Franchise and National Automotive Expert Challenge Californian Teens to Become Safe Drivers This Summer
Lauren Fix, the well-known Car Coach(R), along with her teen daughter Shelby Fix, Teen Car Coach(R), is traveling throughout the state of California appearing at a series of teen "Safe Car, Safe Driver" clinics on behalf of Midas to educate teens and thei
As road trip season has arrived, it's important to be prepared for a summer full of adventure, fun and road travel. Midas International Corporation, one of the world's largest providers of automotive services, has partnered with top experts to...
On the Road Again. Running on Empty. Traveling Band. For generations, the lure of the open road has inspired long and varied lists of classic songs. Now, Midas International Corporation, one of the world's largest providers of automotive services, is...
Midas, Inc. (NYSE: MDS) reported a net loss of $(0.2) million--or $(0.02) per diluted share--for the fourth quarter ended Jan. 2, 2010, compared to net income of $2.7 million--or $0.20 per diluted share--in the prior year.
Midas, Inc. (NYSE: MDS) has acquired 22 Midas automotive service shops in Northern California from franchisee Maurice I. Glad. The transition was completed this weekend, and the shops opened today under Midas' management. There was no interruption in...
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