Advance Auto Parts to open 30 new stores in 2025; 100 through 2027 [FOX Business Network]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: FOX Business Network
The automotive aftermarket parts provider said Wednesday it was "entering its next phase of returning to growth" with plans to launch 30 new stores in the U.S. this year. Over the longer-term through 2027, Advance Auto Parts is seeking to add 100 more locations including bigger "market hub" stores, according to the company. "Advance Auto Parts is on the path to accelerate store growth and focused on the fundamentals of selling auto parts," CEO Shane O'Kelly said in a statement. "We are excited about what's to come for Advance." The expansion, Advance Auto Parts said, comes after it successfully "completed the store closure phase of its transformation plan." The company had said in November that it would shutter over 700 locations – more than 500 of which were corporate stores – and close four distribution centers. That move arose out of a three-year "strategic plan" that aims to "improve business performance" for Advance Auto Parts. Measures in the company's strategic plan
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- Why Advance Auto Parts Stock Swooned Today [Yahoo! Finance]Yahoo! Finance
- Why Advance Auto Parts (AAP) Shares Are Falling Today [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts (NYSE:AAP) had its price target lowered by analysts at Evercore ISI from $58.00 to $56.00. They now have an "in-line" rating on the stock.MarketBeat
- 3 Low-Volatility Stocks We Think Twice About [Yahoo! Finance]Yahoo! Finance
- Advance Auto Parts (AAP): Exploring Valuation After Recent Share Price Rebound and Ongoing Turnaround Challenges [Yahoo! Finance]Yahoo! Finance
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- 10/30/25 - Beat
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- 12/5/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 144
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