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

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