Advance Auto (AAP) Q1 Earnings Miss Estimates, Decline Y/Y
Advance Auto Parts(AAP) zacks.com·2024-05-30 00:26
Advance Auto Parts, Inc. (AAP) reported adjusted earnings of 67 cents per share for first-quarter 2024, which missed the Zacks Consensus Estimate of 69 cents. The company reported an adjusted earnings per share (EPS) of 72 cents in the year-ago quarter.Advance Auto generated net revenues of $3.41 billion, which missed the Zacks Consensus Estimate of $3.43 billion on lower-than-expected comparable store sales. Comparable store sales decreased 0.2% year over year. We projected a rise of 0.7% for the same. The ...