Advance Auto Parts Reports Third Quarter 2019 Results
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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US:NYSE Investor Relations:
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Source: Business Wire
Net Sales Increased 1.6% to $2.3B; Comparable Store Sales Increased 1.2%Operating Income Increased 11.7% to $172.3M; Adjusted Operating Income Increased 5.9% to $205.1MDiluted EPS Increased 12.2% to $1.75; Adjusted Diluted EPS Increased 11.1% to $2.10Announces Additional $700.0M Share Repurchase Authorization RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, today announced its financial results for the third quarter ended October 5, 2019."The Advance team, including our network of Independent Partners, delivered our sixth consecutive quarter of net sales growth in the third quarter as a result of our unrelenting focus on the Customer. We also expanded margins and remained highly disciplined in our approach to cost reduction," said Tom Greco, President and Chief Executive Officer. "In addition to our performance improvements and
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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
- More layoffs hit freight-related companies across US [Yahoo! Finance]Yahoo! Finance
- 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
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