Advance Auto (AAP) Q2 Earnings Miss Estimates, Guidance Trimmed
Advance Auto Parts(AAP) ZACKS·2024-08-23 23:00
Advance Auto Parts, Inc. (AAP) reported adjusted earnings of 75 cents per share for the second quarter of 2024, which missed the Zacks Consensus Estimate of 97 cents. The company reported an adjusted earnings per share (EPS) of $1.43 in the year-ago quarter.Advance Auto generated net revenues of $2.68 billion, which marginally beat the Zacks Consensus Estimate of $2.67 billion on higher-than-expected comparable store sales. Comparable store sales increased 0.4% year over year. We projected a decline of 0.1% ...