Advance Auto Parts (AAP) PT Raised to $130 at Wedbush; More Signs of Progress

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Advance Auto Parts Reports Fourth Quarter and Full Year 2017 Results

February 21, 2018 6:30 AM EST

Full Year 2017 Operating Cash Flow Increased 15% to $601M; Free Cash Flow Increased 56% to $411M

Fourth Quarter Net Sales of $2B; Gross Profit of $874M
Fourth Quarter Diluted EPS of $2.49; Adjusted EPS of $0.77

ROANOKE, Va.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, today announced its financial results for the fourth-quarter and full year ended December 30, 2017.

Through the strong dedication... More