Advance Auto Parts issues 'employee separations,' distribution center to close March 2025 [Yahoo! Finance]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: Yahoo! Finance
Lawyers for Advance Auto Parts issued a WARN letter to Bakersfield Mayor Goh and Kern County Board of Supervisors Chairman David Couch saying a series of employee separations are on the way. Shafter Police Chief Kevin Zimmermann resigns from department The distribution center, located at 34928 Mcmurtrey Ave., will begin to layoff employees beginning Feb. 15, 2025, according to the letter issued on Nov. 14. Around 64 employees will be losing their jobs. The entire center is expected to close by March 29, 2025. Advance Auto Parts is is set to close over 700 of its more than 4,700 stores nationwide as part of “a strategic plan to improve business performance.” Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to KGET 17.
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News
- Bankruptcies Led Store Closure Announcements in 2024 [Yahoo! Finance]Yahoo! Finance
- These Return Metrics Don't Make Advance Auto Parts (NYSE:AAP) Look Too Strong [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts Appoints Michael Beland as Chief Accounting OfficerBusiness Wire
- Behind The Scenes Of A Successful NASCAR Race Entitlement Sponsorship [Forbes]Forbes
- Advance Auto Parts, Inc. (NYSE: AAP) is now covered by analysts at BMO Capital Markets. They set a "market perform" rating and a $45.00 price target on the stock.MarketBeat
AAP
Earnings
- 11/14/24 - Miss
AAP
Sec Filings
- 12/20/24 - Form 8-K
- 12/9/24 - Form SC
- 12/6/24 - Form 4
- AAP's page on the SEC website