Advance Auto Parts (AAP) Tops Q2 EPS by 12c, Comps Increase 2.8%, Offers FY Guidance

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Go back to Advance Auto Parts (AAP) Tops Q2 EPS by 12c, Comps Increase 2.8%, Offers FY Guidance

Advance Auto Parts Reports Second Quarter 2018 Results and Updated Full Year 2018 Guidance

August 14, 2018 6:30 AM EDT

Net Sales Increased 2.8% to $2.3B; Comparable Store Sales Increased 2.8%

Operating Income Increased 14.2% to $167.5M; Adjusted Operating Income Increased 5.0% to $205.3M

Diluted EPS Increased 35.9% to $1.59; Adjusted EPS Increased 24.7% to $1.97

Announces New $600 Million Share Repurchase Authorization

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 second-quarter ended July 14, 2018.

  Second Quarter Performance Summary   ($ in millions, except per share data)   Twelve Weeks Ended   Twenty-Eight Weeks Ended Favorable/(Unfavorable)... More