More layoffs hit freight-related companies across US [Yahoo! Finance]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome
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Source: Yahoo! Finance
It is the second major round of layoffs in the industry since last week, when True Value Co., GXO, CJ Logistics America, DHL, PepsiCo, Reyes Coca-Cola Bottling LLC, Hunt & Sons LLC, Kuehne+Nagel, Americold Logistics, Amazon and Trademango Solutions announced they were eliminating 2,402 jobs. Shipping giant UPS plans to temporarily close distribution facilities in California and Colorado, resulting in 849 employees being laid off. The closure of the package processing facilities are part of strategic initiatives and cost-cutting measures announced in March. UPS said it will close about 200 distribution centers over three years and automate more package processing facilities to save $3 billion by 2028. UPS (NASDAQ: UPS ) is closing a package processing facility in Vernon, California, and eliminating 445 jobs. In Denver, the company is closing a package processing facility and laying off 404 workers. The layoffs at both facilities will be finalized by Jan. 15. According to let
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News
- Advance Auto Parts to close hundreds of stores, shut down West Coast operations [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts to close hundreds of stores, shut down West Coast operations [Los Angeles Times (CA)]Los Angeles Times
- Bay Area stores among Advance Auto Parts closures: WARN notices [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts issues 'employee separations,' distribution center to close March 2025 [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target raised by analysts at Evercore ISI to $45.00. They now have a "hold" rating on the stock.MarketBeat
AAP
Earnings
- 11/14/24 - Miss
AAP
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 4
- 11/14/24 - Form 10-Q
- AAP's page on the SEC website