Advance Auto Parts up on earnings beat [Seeking Alpha]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome
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Source: Seeking Alpha
Advance Auto Parts up on earnings beatAdvance Auto Parts (NYSE:AAP) reports comparable-store sales down 2.6% inQ4.Gross margin rate squeezed 69 bps to 42.9% primarily driven by increased supply chain costs.Adjusted SG&A expense rate improved 24 bps to 37.3%.Adjusted operating margin rate dropped 45 bps to 5.6%.Store count -6 Y/Y to 5,183.FY2018 Guidance: Net sales: $9.1B to $9.4B; Comparable-store sales: -2% to 0%; Adjusted operating margin rate: 7.3% to 7.8%; Tax rate: 24% to 26%; Capex: $200 to $250M; Free cash flow: Minimum $400M.AAP+2.42% premarket.See all stocks on the move »Now read:Advance Auto Parts Stock Analysis: How It Stacks Up Against Peers O'Reilly And Autozone »
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AAP
Earnings
- 2/28/24 - Miss
AAP
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- AAP's page on the SEC website