Advance Auto Parts (AAP) Tops Q1 EPS by 26c, Updates Guidance

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Advance Auto Parts Reports Record First Quarter 2021 Results

June 2, 2021 6:30 AM EDT

Net Sales Increased 23.4% to $3.3 billion, Comparable Store Sales Increased by 24.7%

Operating Income Margin Increased 466 basis points; Adjusted Operating Income Margin Increased 478 basis points

Diluted EPS Increased 346.0% to $2.81; Adjusted Diluted EPS Increased 234.0% to $3.34

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 24, 2021.

"In the first quarter of 2021, we delivered record-breaking... More