Advance Auto Parts (AAP) falls on mixed Q3 and lower guidance, looks to streamline with sale of Worldpac
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Go back to Advance Auto Parts (AAP) falls on mixed Q3 and lower guidance, looks to streamline with sale of Worldpac
November 15, 2023 6:42 AM EST
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, today announced that it has appointed Ryan Grimsland as executive vice president and chief financial officer, effective November 27, 2023. Tony Iskander, who has served as interim chief financial officer since August 2023 will continue in his role as senior vice president, finance and treasurer.
I am excited to welcome Ryan to the Advance family and look forward to partnering with him as we... More
November 15, 2023 6:41 AM EST
Q3 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
