Goldman Sachs stated that Advance Auto Parts’ current 19.5x next-twelve-months price-to-earnings multiple is only justified if a margin recovery materializes, which the firm views as uncertain ...

Advance Auto Parts operated 4,285 locations in the latest quarter. Over the last two years, the company has generally closed its stores, averaging 3.4% annual declines.

The move comes just months after Advance Auto Parts announced it was closing more than 700 locations in a strategic optimization plan.

Advance Auto Parts shares fell sharply Wednesday after the retailer's lackluster current-quarter sales projections outweighed solid fourth-quarter results.

Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

Advance Auto Parts shares are trading lower by 5.3% during Monday's session. Shares of auto supplier stocks are trading lower following weak guidance from Stellantis.

Automotive parts retailer Advance Auto Parts ' (NYSE: AAP) CEO Shane O'Kelly has his work cut out for him. The stock's 17.8% decline in the week to Friday morning is the latest disappointment for ...

Advance Auto Parts (NYSE: AAP) stock tumbled 15.8% through 10:35 a.m. ET after the company beat on sales but missed on earnings in its latest earnings release Thursday morning.

Wall Street expects a year-over-year decline in earnings on lower revenues when Advance Auto Parts (AAP) reports results for the quarter ended June 2024. While this widely-known consensus outlook ...

Advance Auto Parts CEO announces reinvestment of savings into business support, as Q1 earnings beat expectations but sales decline slightly.