Advance Auto Parts Inc is a leading retailer of automotive replacement parts, accessories, and maintenance products
Catering to both professional installers and do-it-yourself customers, the company offers an extensive selection of automotive merchandise, including batteries, brakes, filters, and lighting products. With a strong focus on customer service, Advance Auto Parts operates stores across the United States and Canada, providing expert advice and support to help customers maintain and repair their vehicles. Additionally, the company emphasizes the integration of online and in-store shopping experiences to enhance customer convenience.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how AutoZone (NYSEAZO) and the rest of the auto parts retailer stocks fared in Q4.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the auto parts retailer industry, including Monro (NASDAQMNRO) and its peers.
Shares of auto parts and accessories retailer Advance Auto Parts (NYSEAAP) fell 14.4% in the afternoon session after the company reported weak fourth-quarter results: its revenue guidance for the full year was only in line with analysts' expectations. Meanwhile, Advance Auto Parts gave an upbeat earnings forecast for the year, topping analysts' estimates.
Auto parts and accessories retailer Advance Auto Parts (NYSEAAP) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $2.00 billion. On the other hand, next quarter’s revenue guidance of $2.5 billion was less impressive, coming in 4.4% below analysts’ estimates. Its non-GAAP loss of $1.18 per share was 4.2% above analysts’ consensus estimates.
Auto parts and accessories retailer Advance Auto Parts (NYSEAAP) will be reporting earnings tomorrow before the bell. Here’s what investors should know.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automotive and marine retail stocks fared in Q3, starting with OneWater (NASDAQONEW).
What you have to realize is that cars and trucks aren’t simple creations anymore. They’re vehicular computers that cost more and more money to make and maintain. Almost everything about them is digitized these days. This all adds up to big bucks.
Advance Auto Parts has gotten torched over the last six months - since June 2024, its stock price has dropped 30.7% to $44.30 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
In this presentation I discussed “Turnaround Tom’s Top Picks for 2025.” The problem with the presentation is it’s like asking “which is your favorite child?” There is no answer as you love them all equally.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at auto parts retailer stocks, starting with Advance Auto Parts (NYSEAAP).
