AAP reports mixed Q2 results. Analysts lower price targets amid concerns about reinvestment and sales acceleration.
Advance Auto Parts' Q2 missed comps; margin expansion to 5.6% (260 bps YoY) came from $26M tariff refunds and merchandising, not core growth. Weakness in price-sensitive DIY customers amid rising transportation costs and weak demand clouds H2 revenue outlook; analysts slash price targets.
Advance Auto Parts Inc (NYSE:AAP) Thursday reported mixed second-quarter results
Here are the key analyst takeaways:
RBC Capital Markets analyst Steven Shemesh reiterated a Sector Perform rating, while trimming the price target from $67 to $52.
DA Davidson analyst Michael Baker maintained a Neutral rating, while slashing the price target from $58 to $48.
Guggenheim Securities analyst Steven Forbes reaffirmed a Neutral rating on the stock.
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 (AAP) will release Q2 earnings on Aug. 20, with analysts expecting a rise in EPS and revenue. Analyst ratings…
Advance Auto Parts raises FY2026 adjusted EPS guidance after a second-quarter earnings beat, despite weaker sales and declining…
Advance Auto Parts received a $26 million tariff refund, leading to a margin boost and added thousands of new products.
Advance Auto Parts shares jumped after the company posted an earnings and sales beat, driven by stronger Pro and DIY demand,…
