Picture of Advance Auto Parts logo

AAP Advance Auto Parts News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapSuper Stock

Advance Auto Parts jumps as quarterly earnings beat estimates

Updates

** Shares of Advance Auto Parts AAP.N rises more than 14% to $58.60 in morning trading

** The firm beats quarterly profit and revenue estimates, driven by strong growth in its Pro business that serves commercial garages and repair workshops

** Posts Q1 adjusted EPS of 77 cents; analysts on an average expected 45 cents - data compiled by LSEG

** Forecasts 2026 adjusted EPS in $2.40 to $3.10 range, whose midpoint is slightly below $2.76 est.

** Reports Q1 net sales of $2.61 billion vs Wall Street estimates of $2.58 billion

** Including session's moves, shares up 46.1% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))

Recent news on Advance Auto Parts

See all news