Advance Auto Parts Q3: Earnings Miss, New Strategy, Outlook

16 hours ago  · Advance Auto Parts Inc. (NYSE:AAP) reported third-quarter adjusted loss per share of 4 cents, compared with the street view for EPS of 49 cents. Quarterly sales of $2.15 …


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Advance Auto Parts Q3: Earnings Miss, New Strategy, Outlook

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16 hours ago  · Advance Auto Parts Inc. (NYSE:AAP) reported third-quarter adjusted loss per share of 4 cents, compared with the street view for EPS of 49 cents. Quarterly sales of $2.15 …

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Advance Auto Parts Q3: Earnings Miss, New Strategy, Outlook

2 weeks from now

16 hours ago  · Advance Auto Parts reports Q3 loss and lower sales, missing analyst expectations, with comparable store sales down 2.3%. Advance Auto Parts plans strategic retail …

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Advance Auto Parts, Inc. - Advance Auto Parts Reports Third …

2 weeks from now

Nov 15, 2023  · Q3 Net Sales Increased 2.9% to $2.7 Billion; Comparable Store Sales Increased 1.2% Executing on New $150 Million Cost Reduction Program Initiates Sale Processes for …

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Advance Auto Parts Faces Q3 Turmoil: Missed Targets And A Bold …

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15 hours ago  · Advance Auto Parts has taken a heavy hit this quarter, reporting a -$0.04 adjusted EPS, missing expectations by a whopping $0.58. Revenue didn't fare much better, coming in …

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Earnings Snapshot: Advance Auto Parts Unveils Strategic Priorities ...

2 weeks from now

Advance Auto Parts: Valuation To Trade At A Discount To Peers; Advance Auto Parts Non-GAAP EPS of -$0.04 misses by $0.58, revenue of $2.15B misses by $520M; Advance Auto Parts Q3 …

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Advance Auto Parts Reports Third Quarter 2022 Results

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Nov 15, 2022  · Third quarter of 2022 Net sales totaled $2.6 billion, a 0.8% increase compared with the third quarter of the prior year, primarily driven by strategic pricing and new store …

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Advance Auto Parts Reports Third Quarter 2021 Results

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Nov 15, 2021  · Third Quarter 2021 Financial Results. Net sales for the third quarter of 2021 were $2.6 billion, a 3.1% increase versus the third quarter of the prior year. Comparable store sales for the third quarter of 2021 increased 3.1%. The increase was led by continued recovery in the company's professional business.

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Advance Auto Parts Reports Mixed Q3 Earnings; Narrows FY23 Outlook

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Advance Auto Parts press release (NYSE:AAP): Q3 GAAP EPS of -$0.82 misses by $2.26. Revenue of $2.72B (+3.0% Y/Y) beats by $50M. Comparable Store Sales Increased 1.2%. The company's effective tax ...

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Advance Auto Parts, Inc. (AAP) Q3 2023 Earnings Call Transcript

2 weeks from now

Q3: 2023-11-15 Earnings Summary. Play Call. 10-Q. EPS of -$0.82 misses by $2.27 | Revenue of $2.72B (2.94% Y/Y) beats by $42.94M. Advance Auto Parts, Inc. (NYSE: AAP) Q3 2023 …

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Advance Auto Parts Initiates Strategic Objectives To Improve ...

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16 hours ago  · Looking ahead to FY24, Advance Auto Parts now expects comparable sales to be down 1.0% compared to last year, versus initial expectations of down 1.0% to flat. Net sales …

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Advance Auto (AAP) Q3 Earnings Miss Estimates, Sales Beat

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Nov 15, 2023  · Advance Auto Parts, Inc. AAP incurred an adjusted loss of 82 cents per share for third-quarter 2023 against adjusted earnings of $1.92 in the year-ago quarter.

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Advance Auto Parts Slips To Q3 Loss, Cuts FY23 Outlook; Names …

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Nov 15, 2023  · In its third quarter, Advance Auto Parts reported net loss of $48.63 million, compared to last year's net income of $115.88 million. The company's loss per share was …

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Advance Auto Parts: Q3 Earnings Snapshot - MarketScreener

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18 hours ago  · RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Advance Auto Parts Inc. (AAP) on Thursday reported a loss of $6 million in its third quarter. On a per-share basis, the Raleigh, …

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Advance Auto Parts Faces Q3 Turmoil: Missed Targets And A Bold R

2 weeks from now

Advance Auto Parts has taken a heavy hit this quarter, reporting a -$0.04 adjusted EPS, missing expectations by a whopping $0.58. ... Advance Auto Parts Faces Q3 Turmoil: Missed Targets …

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Earnings Call: Advance Auto Parts Outlines Strategic Plan Amid Q3 ...

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Advance Auto Parts reported a 3% decrease in net sales for Q3 2024, with comparable store sales down by 2.3%. Gross profit increased to $908 million, or 42.3% of net sales, aided by …

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Advance Auto Parts Is Closing Hundreds Of Stores In An Effort

2 weeks from now

7 hours ago  · Advance Auto on Thursday posted a loss of $6 million in its third quarter on revenue of $2.15 billion. The company also lowered its full-year revenue outlook for the second …

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Advance Auto Parts, Inc. - Advance Auto Parts Reports Fourth …

2 weeks from now

Feb 28, 2023  · Fourth Quarter and Full Year 2022 Results ( 1, 2) Fourth quarter 2022 Net sales totaled $2.5 billion, a 3.2% increase compared with the prior year, primarily driven by strategic …

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Rocket Companies (RKT) Q3 2024 Earnings Call Transcript

2 weeks from now

2 days ago  · Our adjusted EBITDA margins came in at 22%, three times higher than Q3 of 2023. We also reported adjusted earnings per diluted share of $0.08. These numbers are a direct …

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Earnings Call: Advance Auto Parts Outlines Strategic Plan Amid Q3 ...

2 weeks from now

Advance Auto Parts (NYSE: AAP) reported a 3% decrease in net sales to $2.1 billion in the third quarter of 2024, compared to the same period last year, during their recent earnings call.The …

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FAQs about Advance Auto Parts Q3: Earnings Miss, New Strategy, Outlook Coupon?

How did Advance Auto Parts perform in 3rd quarter?

In its third quarter, Advance Auto Parts reported net loss of $48.63 million, compared to last year's net income of $115.88 million. The company's loss per share was $0.82, compared with earnings per share of $1.92 in the prior year. Third-quarter net sales totaled $2.72 billion, a 2.9 percent increase fom prior year's $2.64 billion. ...

When will Advance Auto Parts release its third quarter results?

The company will detail its results for the third quarter ended October 8, 2022 via a webcast scheduled to begin at 8 a.m. Eastern Time on Wednesday, November 16, 2022. The webcast will be accessible via the Investor Relations page of the company's website (ir.AdvanceAutoParts.com). ...

Who is Advance Auto Parts?

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 8, 2022 Advance operated 4,747 stores and 313 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. ...

What impacted Advance Auto Parts' operating income margin in fy24?

Operating income margin was negatively impacted by 125 basis points of “atypical” items and headwinds from the hurricane and CrowdStrike outage Looking ahead to FY24, Advance Auto Parts (AAP) now expects comparable sales to be down 1.0% compared to last year, versus initial expectations of down 1.0% to flat. ...

How much money did Advance Auto Parts make in fy24?

The company exited the quarter with cash and equivalents worth $464.49 million. Outlook: Advance Auto Parts expects FY24 net sales from continuing operations to be approximately $9 billion, with adjusted EPS from continuing operations ranging from $ (0.60) to $0.00. ...

What happened to Advance Auto Parts?

Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business. The company said it is shuttering a total of 523 of its Advance corporate stores, as well as four distribution centers, and exiting 204 independent locations by the middle of next year. ...

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