Advance Auto Parts (AAP) Misses Q1 EPS by 3c, Offers Guidance

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Advance Auto Parts Reports Q1 Earnings Miss, Provides 2022 Guidance

May 23, 2022 5:02 PM EDT

Advance Auto Parts (NYSE: AAP) reported its Q1 results, with EPS of $3.57 coming in worse than the Street estimate of $3.60. Revenue grew 1.3% year-over-year to $3.4 billion, compared to the Street estimate of $3.39 billion.

Comparable store sales rose 0.6% year-over-year. On a two-year stack, comparable-store sales... More