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Advance Auto Parts (AAP) Reports Better-Than-Expected Q3 Results; Comps Up 9.9%; Raises FY10 Outlook

November 10, 2010 4:17 PM
Advance Auto Parts (NYSE: AAP) reports Q3 adj-EPS of $1.03, vs. the consensus of $0.90. Revenue for the quarter came in at $1.41 billion, compared to the consensus of $1.34 billion.

Comps up 9.9%.

Raises its FY10 EPS guidance from $3.70-$3.80 to $3.80-$3.90, which compares to the Street estimate of $3.83.

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Earnings Guidance Retail Sales