Profile
Sector:
Consumer CyclicalIndustry:
Specialty RetailCountry:
United StatesIPO:
29 November 2001Website:
http://shop.advanceautoparts.comNext earnings report:
14 November 2024Last dividends:
11 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:59:57 GMTAnalysts recommendations
Institutional Ownership
AAP Latest News
This company makes it easier for app developers to generate revenue from their creations.
A turnaround plan is in place and now it has more money to make the plan a reality.
This automotive parts retailer is attempting to jump-start its growth engine.
Changes in the company's managerial structure raised concerns in the market.
Hold rating for Advance Auto Parts due to expected continued trading at a discount relative to peers. AAP's EBIT margin significantly lags behind competitors. Soft consumer spending and macroeconomic headwinds are expected to pressure near-term sales performance, particularly in the DIY segment.
When investors face the current volatility and uncertainty in the stock market, it might be hard to keep a cool head and stay away from the sell button. However, this is precisely when they should scour the market for better opportunities and deals.
Shares are near 5-year lows.
Advance Auto (AAP) reports Q2 results and expects 2024 net sales in the band of $11.15-$11.25 billion, down from the prior estimate of $11.30-$11.40 billion.
Advance Auto Parts Inc. AAP reported weak second-quarter earnings and slashed FY24 outlook on Thursday.
Management is struggling with its pricing initiatives and slashed its full-year guidance. The turnaround strategy is not progressing as well as board members expected.
What type of business is Advance Auto Parts?
Advance Auto Parts, Inc. is an American supplier of car parts. The headquarters is located in Raleigh, North Carolina, and was founded in 1929. The company's stores and branches offer a wide selection of car spare parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, SUVs, light and heavy trucks, as well as spare parts from original equipment manufacturers and private brands.
What sector is Advance Auto Parts in?
Advance Auto Parts is in the Consumer Cyclical sector
What industry is Advance Auto Parts in?
Advance Auto Parts is in the Specialty Retail industry
What country is Advance Auto Parts from?
Advance Auto Parts is headquartered in United States
When did Advance Auto Parts go public?
Advance Auto Parts initial public offering (IPO) was on 29 November 2001
What is Advance Auto Parts website?
https://shop.advanceautoparts.com
Is Advance Auto Parts in the S&P 500?
No, Advance Auto Parts is not included in the S&P 500 index
Is Advance Auto Parts in the NASDAQ 100?
No, Advance Auto Parts is not included in the NASDAQ 100 index
Is Advance Auto Parts in the Dow Jones?
No, Advance Auto Parts is not included in the Dow Jones index
When was Advance Auto Parts the previous earnings report?
No data
When does Advance Auto Parts earnings report?
The next expected earnings date for Advance Auto Parts is 14 November 2024