American Tire Distributors Holdings posted a loss of $123.2 million in 2010 against record sales of $2.46 billion.
The continent’s largest independent tire distributor said its 2010 sales were up 13.3% over 2009 results. The company posted a net loss of $111 million for 2009.
ATD operates a network of 88 distribution centers serving 40 states, and plans additional expansion in 2010.