Advance Auto Parts raises FY2026 adjusted EPS guidance after a second-quarter earnings beat, despite weaker sales and declining comparable-store performance.
Advance Auto Parts Inc. (NYSE:AAP) on Thursday reported mixed second-quarter results and affirmed its fiscal year 2026 sales guidance, which was below estimates.
Adjusted EPS of $1.03 beat the consensus of 81 cents. Meanwhile, sales of $2.00 billion fell short of the $2.039 billion estimate.
The stock crashed by 25% on Thursday, closing at $42.39.
Business Performance
Comps grew about 1% during the first eight weeks of the second quarter before weakening in the final four weeks.
Advance Auto Parts Inc (AAP) reported mixed Q2 results with adjusted EPS of $1.03 beating consensus of 81c, but sales of $2.00B…
Advance Auto Parts Inc. (NYSE:AAP) reported strong Q1 results, beating earnings and sales expectations. Analysts have raised…
Advance Auto Parts shares jumped after the company posted an earnings and sales beat, driven by stronger Pro and DIY demand,…
Advance Auto Parts (AAP) will release Q2 earnings on Aug. 20, with analysts expecting a rise in EPS and revenue. Analyst ratings…
AAP reports mixed Q2 results. Analysts lower price targets amid concerns about reinvestment and sales acceleration.
Advance Auto Parts received a $26 million tariff refund, leading to a margin boost and added thousands of new products.
