Advance Auto Parts (AAP) Beats on Revenue, EPS Miss; Lowers FY23 Revenue Guidance
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Advance Auto Parts Reports Third Quarter 2023 Results and Provides Updates on Strategic and Operational Review
November 15, 2023 6:41 AM ESTQ3 Net Sales Increased 2.9% to $2.7 Billion; Comparable Store Sales Increased 1.2%
Executing on New $150 Million Cost Reduction Program
Initiates Sale Processes for Worldpac and Canadian Business
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 7, 2023.
Since joining Advance, I have partnered with the board and management team to move with speed in conducting a... More
