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Advance Auto Parts (AAP) shares sank Wednesday after the auto retailer's lackluster sales projections for the first quarter outweighed solid fourth-quarter results.
AAP reports a narrower-than-expected Q4 loss and expects 2025 net sales from continuing operations in the range of $8.4-$8.6 billion.
Advance Auto Parts, Inc. (NYSE:AAP) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET.
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Advance Auto Parts (AAP) came out with a quarterly loss of $1.18 per share versus the Zacks Consensus Estimate of a loss of $1.38. This compares to loss of $0.59 per share a year ago.
Advance is also in the middle of a restructuring plan that will result in the closing of 500 stores.
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the fourth quarter and full year ended December 28, 2024. "During 2024, we initiated transformative actions to reposition Advance for long-term success and value creation,” said Shane O'Kelly, president and chief executive officer. "We strengthened our focu.
Beyond analysts' top -and-bottom-line estimates for Advance Auto Parts (AAP), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
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RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Jeff Vining as executive vice president, general counsel and corporate secretary, effective March 2, 2025. In this role, Mr. Vining will be responsible for all aspects of the Company's legal, corporate governance, and compliance functions. Jeff will repor.