Advance Auto Parts to Close Hundreds of Stores; Stock Jumps

21 hours ago · Advance Auto Parts said Thursday that it plans to close more than 700 stores after the auto parts retailer recorded a surprise quarterly loss.

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Advance Auto Parts Stock Jumps After Better-Than ... - Investopedia

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Feb 28, 2024 · Advance Auto Parts (AAP) posted a surprise fourth-quarter loss, but its earnings outlook sent shares higher on Wednesday. The auto parts retailer reported a loss of $0.59, …

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Advanced Auto Parts' Stock Falls After A Surprise Quarterly Loss, Plan ...

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23 hours ago · Shares of Advance Auto Parts Inc. (AAP) dropped 1.8% in premarket trading Thursday, after the maker of auto parts for both professional and do-it-yourself customers …

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Advance Auto Parts Stock Rises. Closing Stores Matters More Than …

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Advance Auto Parts stock was higher on Thursday despite a tough earnings report. Wall Street decided to zero in on the car-parts retailer’s plans for a makeover. Shares gained 4.1% to …

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Advance Auto Parts Stock Tumbles On Earnings Miss, Weak Guidance

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23 hours ago · Investing.com -- Advance Auto Parts, Inc. (NYSE: AAP) shares plunged 9.7% Thursday after the automotive parts retailer reported disappointing third-quarter results and …

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Why Advance Auto Parts Stock Just Crashed 16% | The Motley Fool

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Aug 22, 2024 · Advance Auto Parts is in trouble, and things are getting worse. Advance Auto Parts (AAP -2.77%) stock tumbled 15.8% through 10:35 a.m. ET after the company beat on …

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Advance Auto’s Stock Rises After Upbeat Guidance For 2024 Offsets ...

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Feb 28, 2024 · Raleigh, N.C.-based Advance Auto AAP had a net loss of $35.1 million, or 59 cents a share, for the quarter, after income of $82.9 million, or $1.39 a share, in the year …

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Advance Auto Parts Price Target Lowered To $39 From $41 At Truist

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1 day ago · Truist lowered the firm’s price target on Advance Auto Parts to $39 from $41 and keeps a Hold rating on the shares after Q3 results and Q4 profit expectations for “Remain co” …

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Advance Auto Parts Stock Rises On Earnings. This Is What Is ... - MSN

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Advance Auto stock was gaining 7.3% to $69.45 in premarket trading Wednesday, while peer AutoZone was flat following a 6.7% jump on Tuesday after beating quarterly estimates. …

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Advance Auto Parts, Inc. (AAP) - Stock Analysis

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Advance Auto's stock jumps after company agrees of sale of Worldpac business to Carlyle for $1.5 billion in cash. Advance Auto Parts Inc.'s stock AAP, +1.83% jumped 6% early Thursday, …

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Is Advance Auto Parts Stock A Buy? - Nasdaq

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Oct 12, 2024 · Q2 net sales growth was flat year over year while comparable store sales climbed by 0.4% compared to Q2 2023. For 2024, Advance Auto Parts expects comparable sales …

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Advance Auto Parts (NYSE:AAP) Stock Quotes, Forecast And

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Nov 5, 2024 · What is the current price for Advance Auto Parts (AAP)? A. The stock price for Advance Auto Parts (NYSE: AAP) is $36.3 last updated November 1, 2024 at 7:44 PM EDT. Q.

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FAQs about Advance Auto Parts to Close Hundreds of Stores; Stock Jumps Coupon?

Why was Advance Auto Parts stock higher on Thursday?

Advance Auto Parts stock was higher on Thursday despite a tough earnings report. “We are charting a clear path forward and introducing a new three-year financial plan, with a focus on executing core retail fundamentals to improve the productivity of all our assets and to create shareholder value,” said CEO Shane O’Kelly in the earnings release. ...

Why did Advance Auto Parts stock pull a sharp U-turn?

Shares of Advance Auto Parts Inc. pulled a sharp early U-turn to trade higher Thursday, after the company laid out its plan to return to sales growth and to boost margins, including by closing more than 700 store locations. The North Carolina-based company ...

Why did Advance Auto Parts stock jump 6% early?

Advance Auto Parts Inc.'s stock AAP, +1.83% jumped 6% early Thursday, after the car parts maker said it has reached an agreement to sell Worldpac Inc., a car part wholesale distribution business, to f... Private equity firm Carlyle Group will buy Advance Auto Parts' Worldpac unit for $1.5 billion, Bloomberg News reported on Thursday. ...

Why did Advance Auto Parts (AAP) stock plunge?

Advance Auto Parts (AAP) shares plunged after the company announced quarterly earnings that came in well short of expectations and cut its outlook for the full year. The earnings news upstaged the sal... Advance Auto Parts reported soft earnings and cut full-year guidance significantly, raising concerns about the company's projected turnaround. ...

Is Advance Auto Parts a good stock to buy?

Advance Auto Parts is an incredible turnaround opportunity with a new leadership team and key upcoming catalysts like the sale of Worldpac. The company aims to unify its supply chain network to drive ... The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. ...

Is Advance Auto Parts in trouble?

This year's full-year earnings forecast shows a steep drop in profits. Advance Auto Parts is in trouble, and things are getting worse. Advance Auto Parts (AAP 0.28%) stock tumbled 15.8% through 10:35 a.m. ET after the company beat on sales but missed on earnings in its latest earnings release Thursday morning. ...