Advance Auto Parts to cut costs by $150M, sell 2 business units, …
The North Raleigh-based company under its recently named CEO announced plans for cost cuts as well as the sale of two business units. A new chief financial officer is joining management as well plus its top ecommerce spot is being eliminated. See more
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Advance Auto Parts To Cut Costs By $150M, Sell 2 Business Units, …
2 weeks from now
The North Raleigh-based company under its recently named CEO announced plans for cost cuts as well as the sale of two business units. A new chief financial officer is joining management as well plus its top ecommerce spot is being eliminated. See more
wraltechwire.com
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Advance Auto To Cut $150 Million In Costs, Sell Two Subsidiaries
2 weeks from now
By Chris Roush. 11/15/2023. Raleigh-based Advance Auto Parts said Wednesday it is initiating a plan to cut $150 million in costs and that it would try to sell its Canadian business and its …
businessnc.com
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Advance Auto Parts To Cut Costs By $150M, Sell 2 Business Units, …
2 weeks from now
Advance Auto Parts (AAP) on Wednesday reported a third-quarter loss of $48.6 million, after reporting a profit in the same period a year earlier. And the com...
youtube.com
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Advance Auto Parts Laying Off Hundreds As Part Of $150M In Cuts
2 weeks from now
Nov 16, 2023 · Advance Auto Parts disclosed to investors in a conference call on Wednesday that it would be laying off some 400 people as part of $150 million in cost cuts that were …
wraltechwire.com
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Advance Auto Parts Looks To Lower Costs, Divest Two Businesses
2 weeks from now
Looking ahead, Advance Auto Parts sees full-year sales of $11.25B to $11.30B vs. the consensus estimate of $11.26B.Comparable store sales are expected to fall in a range of -0.5% to 0%. …
msn.com
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Advance Auto Parts Cuts Full-year Profit Guidance As Costs Weigh
2 weeks from now
May 31, 2023 · Advance Auto Parts Inc lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer's shares down 24% before the opening …
reuters.com
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Advance Auto Parts To Close Stores As Sales Outlook Misses Views
2 weeks from now
18 hours ago · Advance Auto Parts AAP 2.58% increase; green up pointing triangle said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting …
wsj.com
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Advance Auto Parts To Cut Costs By $150M, Sell 2 Business Units ...
2 weeks from now
The North Raleigh-based company under its recently named CEO announced plans for cost cuts as well as the sale of two business units. A new chief financial officer is joining management …
ground.news
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Advance Auto Parts Sale Of Worldpac Is Part Of A Long Decline
2 weeks from now
Aug 27, 2024 · Advance Auto Parts has had a challenging time over the last few years, going from $11.2 billion in revenue and $464.4 million in net income in 2022 to $11.3 billion in …
globest.com
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Advance Auto Parts Coverage - WRAL
2 weeks from now
Advance Auto Parts to cut costs by $150M, sell 2 business units, lay off 400. The North Raleigh-based company under its recently named CEO announced plans for cost cuts as well as the …
wral.com
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Advance Auto Parts Looks To Lower Costs, Divest Two Businesses
2 weeks from now
Nov 15, 2023 · Looking ahead, Advance Auto Parts (AAP) sees full-year sales of $11.25B to $11.30B vs. the consensus estimate of $11.26B. Comparable store sales are expected to fall in a range of -0.5% to 0%. EPS ...
seekingalpha.com
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Advance Auto Parts Discloses A Loss, Unveils Cost Cuts - MSN
2 weeks from now
Advance Auto Parts now estimates fiscal 2023 earnings of $1.40 to $1.80 a share, down from the previous outlook of $4.50 to $5.10 a share. The company also lowered the higher end of its …
msn.com
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