Edited Transcript of AAP earnings conference call or presentation 12-Nov-19 1:00pm GMT [Yahoo! Finance News]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Edited Transcript of AAP earnings conference call or presentation 12-Nov-19 1:00pm GMT Thomas R. Greco, vance Auto Parts, Inc. - President, CEO & Director [3] -------------------------------------------------------------------------------- Thanks, Elisabeth. Good morning, and thank you for joining us today to discuss our third quarter 2019 results. I'm proud to report another quarter of good progress towards our long-term strategic objectives. This would not be possible without the relentless dedication of our more than 70,000 team members and network of Carquest Independents. I want to take a moment to thank them for their unwavering commitment and passion for the customer. In the third quarter, net sales increased 1.6% to $2.3 billion, and comparable store sales increased 1.2%. This is now our sixth consecutive quarter of revenue growth. Our 2-year stack on third quarter comp sales accelerated to 5.8% and was the strongest we've delivered in 8 years. We also expanded margins as our
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AAP
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- AAP's page on the SEC website