Advance Auto Parts (AAP) Misses Q1 EPS by 84c

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Advance Auto Parts Reports First Quarter 2020 Results

May 19, 2020 6:30 AM EDT

Delivered Net Sales of $2.7 Billion
Increased on Balance Sheet Liquidity by $1 Billion
Declares $0.25 Quarterly Cash Dividend
Published 2nd Annual Corporate Sustainability and Social Report

RALEIGH, N.C.--(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 first quarter ended April 18, 2020.

During the first quarter of 2020, Advance was significantly impacted by COVID-19, said Tom Greco, President and Chief Executive... More