Advance Auto Parts (AAP) Misses Q2 EPS by 2c

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Go back to Advance Auto Parts (AAP) Misses Q2 EPS by 2c

Advance Auto Parts Reports Second Quarter 2022 Results

August 23, 2022 4:30 PM EDT

Net Sales Increased 0.6% to $2.7 Billion

Diluted Earnings Per Share Decreased 13.1%; Adjusted Diluted Earnings Per Share Increased 10.0%

Returned $291 Million to Shareholders

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 second quarter ended July 16, 2022.

"In Q2 we delivered another quarter of growth in net sales and adjusted operating income, underscored by adjusted operating income margin expansion," said Tom... More