Advance Auto Parts (AAP) Misses Q1 EPS by 11c; Trims FY15 EPS Outlook

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Go back to Advance Auto Parts (AAP) Misses Q1 EPS by 11c; Trims FY15 EPS Outlook

Advance Auto Parts Reports First Quarter Fiscal 2015 Comparable Cash EPS Growth of 6.2% to $2.39

May 21, 2015 8:30 AM EDT

ROANOKE, Va.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), the largest automotive aftermarket parts provider in North America, serving both professional installer and do-it-yourself customers, today announced its financial results for the first quarter ended April 25, 2015. First quarter comparable cash earnings per diluted share (Comparable Cash EPS) were $2.39, an increase of 6.2% versus the first quarter last year. These first quarter comparable results exclude $0.11 of amortization of acquired intangible assets and integration costs of $0.28 primarily associated with the acquisition of General Parts International, Inc. (General Parts).

  Comparable First Quarter Performance Summary (1,2)                   Sixteen Weeks Ended... More