Walmart surges heading into holidays [CNN]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Company Research
Source: CNN
How Walmart is taking on Amazon New York (CNN Business) Walmart continues to grow sales, increasing investors' confidence in the company as the upheaval in retail stretches on. Sales at stores open for at least a year increased 3.4% last quarter compared to a year earlier. Digital sales grew 43%. Walmart ( WMT ) also raised its guidance for the full year. Walmart's high expectations heading into the holidays contrasted against Amazon, its biggest competitor. Last month, Amazon warned of a weaker-than-expected holiday , driving its stock down. Walmart is flexing that store network and demonstrating it is going to be a significant player online, said Moody's lead retail analyst Charlie O'Shea. Walmart was coming off its fastest sales growth in more than a decade. It has been lifted by healthy consumer spending and a strong US economy. Read More We have momentum in the business as we execute our plan and benefit from a favorable economic environment, CEO Doug
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News
- Baum Family Investments Embarks on Triple Net Lease Strategy with $250 Million Acquisition GoalPR Newswire
- Advance Auto Parts, Inc. (NYSE: AAP) had its price target lowered by analysts at Evercore ISI from $82.00 to $78.00. They now have an "in-line" rating on the stock.MarketBeat
- Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold [CNBC]CNBC
- Advance Auto Parts: Can The New Management Deliver? [Seeking Alpha]Seeking Alpha
- Automotive Aftermarket Private Label Programs in North America, Europe and Asia 2024-2030: Suppliers and Distributors Likely to Transition to New Business Models with a Digital-first Strategy [Yahoo! Finance]Yahoo! Finance
AAP
Earnings
- 2/28/24 - Miss
AAP
Sec Filings
- 4/8/24 - Form DEF
- 4/8/24 - Form DEFA14A
- 4/8/24 - Form ARS
- AAP's page on the SEC website