Advance Auto Parts (AAP) Tops Q3 EPS by 39c

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Go back to Advance Auto Parts (AAP) Tops Q3 EPS by 39c

Advance Auto Parts Reports Third Quarter 2021 Results

November 15, 2021 4:30 PM EST

Net Sales Increased 3.1% to $2.6 billion, Comparable Store Sales Increased by 3.1%

Gross Margin Improved 72 Basis Points to 45.1%, Adjusted Gross Margin Improved 246 Basis Points to 46.2%

Diluted EPS Increased 25.8% to $2.68; Adjusted Diluted EPS Increased 21.6% to $3.21

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, announced its financial results for the third quarter ended October 9, 2021.

"In Q3, we delivered another quarter of improved top-line... More