Exhibit 99.2

THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES (UNAUDITED)

CONSOLIDATED STATEMENTS OF OPERATIONS (dollar amounts in thousands, except per share amounts)

	Thirteen weeks ended										Thirty-nine weeks ended
	October 28, 2006					October 29, 2005					October 28, 2006					October 29, 2005
	Amount			% Sales		Amount			% Sales		Amount			% Sales		Amount			% Sales
Merchandise Sales	$	453,711		82.4		$	452,356		82.9		$	1,393,023		82.6		$	1,396,812		82.8
Service Revenue	97,138			17.6		93,548			17.1		292,992			17.4		290,736			17.2
Total Revenues	550,849			100.0		545,904			100.0		1,686,015			100.0		1,687,548			100.0
Costs of Merchandise Sales	323,025			71.2		337,899			74.7		995,447			71.5		1,031,113			73.8
Costs of Service Revenue	90,131			92.8		88,892			95.0		268,895			91.8		259,580			89.3
Total Costs of Revenues	413,156			75.0		426,791			78.2		1,264,342			75.0		1,290,693			76.5
Gross Profit from Merchandise Sales	130,686			28.8		114,457			25.3		397,576			28.5		365,699			26.2
Gross Profit from Service Revenue	7,007			7.2		4,656			5.0		24,097			8.2		31,156			10.7
Total Gross Profit	137,693			25.0		119,113			21.8		421,673			25.0		396,855			23.5
Selling, General and Administrative Expenses	134,705			24.5		127,037			23.3		405,470			24.0		395,367			23.4
Net Gain (Loss) from Sales of Assets	213			—		(629		)	(0.1	)	6,229			0.3		2,977			0.2
Operating Profit (Loss)	3,201			0.5		(8,553		)	(1.6	)	22,432			1.3		4,465			0.3
Non-operating Income	1,017			0.2		526			0.1		5,294			0.3		2,747			0.2
Interest Expense	15,581			2.8		9,205			1.7		37,886			2.2		27,354			1.6
Loss From Continuing Operations Before Income Taxes and Cumulative Effect of Change in Accounting Principle	(11,363		)	(2.1	)	(17,232		)	(3.2	)	(10,160		)	(0.6	)	(20,142		)	(1.1	)
Income Tax Benefit	(3,642		)	32.1	(1)	(5,856		)	34.0	(1)	(3,042		)	29.9	(1)	(7,212		)	35.8	(1)
Net Loss From Continuing Operations Before Cumulative Effect of Change in Accounting Principle	(7,721		)	(1.4	)	(11,376		)	(2.1	)	(7,118		)	(0.4	)	(12,930		)	(0.8	)
Discontinued Operations, Net of Tax	(205		)	—		181			—		(338		)	—		3			—
Cumulative Effect of Change in Accounting Principle, Net of Tax	4			—		—			—		183			—		—			—
Net Loss	(7,922		)	(1.4	)	(11,195		)	(2.1	)	(7,273		)	(0.4	)	(12,927		)	(0.8	)
Retained Earnings, beginning of period	474,858					525,703					481,926					536,780
Cash Dividends	(3,691		)			(3,664		)			(11,207		)			(10,984		)
Effect of Stock Options	(209		)			(257		)			(285		)			(2,231		)
Dividend Reinvestment Plan	(31		)			(55		)			(156		)			(106		)
Retained Earnings, end of period	$	463,005				$	510,532				$	463,005				$	510,532
Basic and Diluted Loss per Share:
Basic and Diluted Weighted Average Shares Outstanding	54,313					54,774					54,264					55,288
Net Loss From Continuing Operations Before Cumulative Effect of Change in Accounting Principle	$	(0.14	)			$	(0.21	)			$	(0.13	)			$	(0.23	)
Discontinued Operations, Net of Tax	(0.01		)			0.01					—					—
Cumulative Effect of Change in Accounting Principle, Net of Tax	—					—					—					—
Basic and Diluted Loss per Share	$	(0.15	)			$	(0.20	)			$	(0.13	)			$	(0.23	)
Cash Dividends per Share	$	0.0675				$	0.0675				$	0.1350				$	0.1350

(1)As a percentage of loss from continuing operations before income taxes and cumulative effect of change in accounting principle.

THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES (UNAUDITED)

CONSOLIDATED BALANCE SHEETS (dollar amounts in thousands, except per share amounts)

	October 28, 2006			January 28, 2006			October 29, 2005
Assets
Current Assets:
Cash and cash equivalents	$	22,492		$	48,281		$	36,534
Accounts receivable, net	29,488			36,434			34,473
Merchandise inventories	645,394			616,292			648,368
Prepaid expenses	25,151			40,952			26,511
Other	58,637			85,446			63,123
Assets held for disposal	—			652			652
Total Current Assets	781,162			828,057			809,661
Property and Equipment - at cost:
Land	256,865			257,802			258,124
Buildings and improvements	919,543			916,580			909,872
Furniture, fixtures and equipment	667,101			671,189			668,960
Construction in progress	17,896			15,858			18,266
	1,861,405			1,861,429			1,855,222
Less accumulated depreciation and amortization	952,867			914,040			908,181
Property and Equipment - net	908,538			947,389			947,041
Other	78,353			46,307			66,125
Total Assets	$	1,768,053		$	1,821,753		$	1,822,827
Liabilities and Stockholders’ Equity
Current Liabilities:
Accounts payable	$	308,683		$	261,940		$	304,120
Trade payable program liability	13,284			11,156			11,212
Accrued expenses	262,668			290,761			265,331
Deferred income taxes	18,909			15,417			19,238
Current maturities of long-term debt and obligations under capital leases	2,686			1,257			144,164
Total Current Liabilities	606,230			580,531			744,065
Long-term debt and obligations under capital leases, less current maturities	524,426			467,239			270,868
Convertible long-term debt	—			119,000			119,000
Other long-term liabilities	58,762			57,481			52,895
Deferred income taxes	—			2,937			14,096
Commitments and Contingencies
Stockholders’ Equity:
Common Stock, par value $1 per share:
Authorized 500,000,000 shares; Issued 68,557,041 shares	68,557			68,557			68,557
Additional paid-in capital	289,718			288,098			287,184
Retained earnings	463,005			481,926			510,532
Accumulated other comprehensive loss	(4,209		)	(3,565		)	(3,004		)
Less cost of shares in treasury - 12,015,192 shares 12,152,968 shares and 12,210,647 shares	(179,172		)	(181,187		)	(182,102		)
Less cost of shares in benefits trust - 2,195,270 shares	(59,264		)	(59,264		)	(59,264		)
Total Stockholders’ Equity	578,635			594,565			621,903
Total Liabilities and Stockholders’ Equity	$	1,768,053		$	1,821,753		$	1,822,827

THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES (UNAUDITED)

CONSOLIDATED STATEMENTS OF CASH FLOWS (dollar amounts in thousands)

	Thirty-nine Weeks Ended
	October 28, 2006			October 29, 2005
Cash Flows from Operating Activities:
Net loss	$	(7,273	)	$	(12,927	)
Adjustments to reconcile net loss to net cash provided by continuing operations:
Net loss (earnings) from discontinued operations	338			(3		)
Depreciation and amortization	62,546			59,283
Cumulative effect of change in accounting principle, net of tax	(183		)	—
Accretion of asset disposal obligation	203			84
Loss on defeasance of convertible debt	755			—
Stock compensation expense	2,611			2,001
Cancellation of vested stock options	(1,056		)	—
Deferred income taxes	(7,366		)	(12,337		)
Gain from sales of assets	(6,229		)	(2,977		)
Loss from asset impairment	550			—
Excess tax benefits from stock based awards	(37		)	—
Increase in cash surrender value of life insurance policies	(1,593		)	(2,575		)
Changes in Operating Assets and Liabilities:
Decrease in accounts receivable, prepaid expenses and other	51,708			51,789
Increase in merchandise inventories	(29,102		)	(45,608		)
Increase (decrease) in accounts payable	46,743			(6,861		)
Decrease in accrued expenses	(29,548		)	(44,075		)
Increase in other long-term liabilities	1,281			14,918
Net cash provided by continuing operations	84,348			712
Net cash used in discontinued operations	(367		)	(259		)
Net Cash Provided by Operating Activities	83,981			453
Cash Flows from Investing Activities:
Cash paid for property and equipment	(25,092		)	(65,197		)
Proceeds from sales of assets	1,598			1,724
Proceeds from sales of assets held for disposal	6,981			6,913
Repayment of life insurance proceeds	(24,669		)	—
Premiums paid on life insurance policies	—			(488		)
Net cash used in continuing operations	(41,182		)	(57,048		)
Net cash provided by discontinued operations	—			916
Net Cash Used in Investing Activities	(41,182		)	(56,132		)
Cash Flows from Financing Activities:
Net (payments) borrowings under line of credit agreements	(60,042		)	62,163
Excess tax benefits from stock based awards	37			—
Net borrowings on trade payable program liability	2,128			11,212
Proceeds from issuance of note	121,000			—
Reduction of long-term debt	(2,259		)	(40,456		)
Reduction of convertible debt	(119,000		)	—
Payments on capital lease obligations	(167		)	(363		)
Dividends paid	(11,207		)	(10,984		)
Repurchase of common stock	—			(15,562		)
Proceeds from exercise of stock options	242			2,711
Proceeds from dividend reinvestment plan	680			734
Net Cash (Used in) Provided by Financing Activities	(68,588		)	9,455
Net Decrease in Cash	(25,789		)	(46,224		)
Cash and Cash Equivalents at Beginning of Period	48,281			82,758
Cash and Cash Equivalents at End of Period	$	22,492		$	36,534
Supplemental Disclosure of Cash Flow Information:
Non-cash investing activities:
Accrued purchases of property and equipment	$	757		$	2,182
Non-cash financing activities:
Equipment capital leases	$	84		$	124

THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES (UNAUDITED)

ADDITIONAL INFORMATION (dollar amounts in thousands)

	Thirteen weeks ended						Thirty-nine weeks ended
	October 28, 2006			October 29, 2005			October 28, 2006			October 29, 2005
	(dollar amounts in thousands)
Capital expenditures	$	9,726		$	22,768		$	25,849		$	67,379
Depreciation and amortization	$	21,127		$	20,628		$	62,546		$	59,283
Non-operating income:
Net rental revenue	$	580		$	355		$	1,750		$	1,069
Investment income	471			272			3,750			777
Other (expense) income	(34		)	(101		)	(206		)	901
Total	$	1,017		$	526		$	5,294		$	2,747
Comparable sales percentages:
Merchandise	0.2		%	-0.6		%	-0.1		%	-0.5		%
Service	3.9		%	-8.2		%	1.0		%	-6.7		%
Total	0.8		%	-2.0		%	0.1		%	-1.6		%
Total square feet of retail space (including service centers)							12,167,089			12,167,089
Total Store Count							593			593
Sales and Gross Profit by Line of Business (A):
Retail Sales	$	323,522		$	328,877		$	1,005,033		$	1,023,887
Service Center Revenue	227,327			217,027			680,982			663,661
Total Revenues	$	550,849		$	545,904		$	1,686,015		$	1,687,548
Gross Profit from Retail Sales	$	93,554		$	82,969		$	283,322		$	262,575
Gross Profit from Service Center Revenue	44,139			36,144			138,351			134,280
Total Gross Profit	$	137,693		$	119,113		$	421,673		$	396,855
Comparable Sales Percentages (A):
Retail Sales	-1.8		%	2.1		%	-1.7		%	0.6		%
Service Center Revenue	4.8		%	-7.6		%	2.9		%	-4.8		%
Total Revenues	0.8		%	-2.0		%	0.1		%	-1.6		%
Gross Profit Percentage by Line of Business (A):
Gross Profit Percentage from Retail Sales	28.9		%	25.2		%	28.2		%	25.6		%
Gross Profit Percentage from Service Center Revenue	19.4		%	16.7		%	20.3		%	20.2		%
Total Gross Profit Percentage	25.0		%	21.8		%	25.0		%	23.5		%

(A)Retail Sales include DIY and Commercial sales.  Service Center Revenue includes revenue from labor and installed parts and tires.

THE PEP BOYS - MANNY, MOE & JACK AND SUBSIDIARIES (UNAUDITED)

ADDITIONAL INFORMATION (continued) (dollar amounts in thousands)

Adjustments

In the fourth quarter of 2005 we completed the restructuring of substantially all of our vendor agreements to provide flexibility in how we use vendor support funds.  Previously, the vendor agreements required us to use certain vendor support funds exclusively for promotions and to partially offset certain other direct expenses.  Under EITF No. 02-16, these types of allowances are to be netted against the appropriate expenses they offset, onceit is determined that the allowances are for specific, identifiable and incremental expenses.  Under the restructured contracts it is not possible to make this determination.  Therefore, all vendor support funds are now treated as a reduction of inventories and are recognized as a reduction to Costs of Merchandise Sales as the inventories are sold, in accordance with EITF No. 02-16.  For the periods below, all previously identified costs which had been netted against Selling, General and Administrative Expenses have been reclassified to Gross Profit from Merchandise Sales as if the vendor agreements had been restructured as of January 30, 2005.

Please see the table below illustrating the effect of this adjustment on the thirteen and thirty-nine week periods ended October 29, 2005 (presented in both GAAP and Line of Business formats), assuming that such change had been in effect during such periods.

STATEMENTS OF OPERATIONS

GAAP Format

	Thirteen weeks ended October 29, 2005 ACTUAL					ADJUSTMENTS			Thirteen weeks ended October 29, 2005 AS ADJUSTED					Thirteen weeks ended October 28, 2006 ACTUAL
	Amount			% Sales		Amount		% Sales	Amount			% Sales		Amount		% Sales
Gross Profit from Merchandise Sales	$	114,457		25.3		$	7,510	1.7	$	121,967		27.0		$	130,686	28.8
Gross Profit from Service Revenue	4,656			5.0		—		—	4,656			5.0		7,007		7.2
Total Gross Profit	119,113			21.8		7,510		1.4	126,623			23.2		137,693		25.0
Selling, General and Administrative Expenses	127,037			23.3		7,510		1.4	134,547			24.7		134,705		24.5
Net (Loss) Gain on Sales of Assets	(629		)	(0.1	)	—		—	(629		)	(0.1	)	213		—
Operating (Loss) Profit	$	(8,553	)	(1.6	)	$	—	—	$	(8,553	)	(1.6	)	$	3,201	0.5

	Thirty-nine weeks ended October 29, 2005 ACTUAL			ADJUSTMENTS			Thirty-nine weeks ended October 29, 2005 AS ADJUSTED			Thirty-nine weeks ended October 28, 2006 ACTUAL
	Amount		% Sales	Amount		% Sales	Amount		% Sales	Amount		% Sales
Gross Profit from Merchandise Sales	$	365,699	26.2	$	26,929	1.9	$	392,628	28.1	$	397,576	28.5
Gross Profit from Service Revenue	31,156		10.7	—		—	31,156		10.7	24,097		8.2
Total Gross Profit	396,855		23.5	26,929		1.6	423,784		25.1	421,673		25.0
Selling, General and Administrative Expenses	395,367		23.4	26,929		1.6	422,296		25.0	405,470		24.0
Net Gain on Sales of Assets	2,977		0.2	—		—	2,977		0.2	6,229		0.3
Operating Profit	$	4,465	0.3	$	—	—	$	4,465	0.3	$	22,432	1.2

Line of Business Format

	Thirteen weeks ended October 29, 2005 ACTUAL					ADJUSTMENTS			Thirteen weeks ended October 29, 2005 AS ADJUSTED					Thirteen weeks ended October 28, 2006 ACTUAL
	Amount			% Sales		Amount		% Sales	Amount			% Sales		Amount		% Sales
Gross Profit from Retail Sales	$	82,969		25.2		$	5,294	1.6	$	88,263		26.8		$	93,554	28.9
Gross Profit from Service Center Revenue	36,144			16.7		2,216		1.0	38,360			17.7		44,139		19.4
Total Gross Profit	119,113			21.8		7,510		1.4	126,623			23.3		137,693		25.0
Selling, General and Administrative Expenses	127,037			23.3		7,510		1.4	134,547			24.7		134,705		24.5
Net (Loss) Gain on Sales of Assets	(629		)	(0.1	)	—		—	(629		)	(0.1	)	213		—
Operating (Loss) Profit	$	(8,553	)	(1.6	)	$	—	—	$	(8,553	)	(1.6	)	$	3,201	0.5

	Thirty-nine weeks ended October 29, 2005 ACTUAL			ADJUSTMENTS			Thirty-nine weeks ended October 29, 2005 AS ADJUSTED			Thirty-nine weeks ended October 28, 2006 ACTUAL
	Amount		% Sales	Amount		% Sales	Amount		% Sales	Amount		% Sales
Gross Profit from Retail Sales	$	262,575	25.6	$	19,108	1.9	$	281,683	27.5	$	283,322	28.2
Gross Profit from Service Center Revenue	134,280		20.2	7,821		1.2	142,101		21.4	138,351		20.3
Total Gross Profit	396,855		23.5	26,929		1.6	423,784		25.1	421,673		25.0
Selling, General and Administrative Expenses	395,367		23.4	26,929		1.6	422,296		25.0	405,470		24.0
Net Gain on Sales of Assets	2,977		0.2	—		—	2,977		0.2	6,229		0.3
Operating Profit	$	4,465	0.3	$	—	—	$	4,465	0.3	$	22,432	1.3