Advance Auto Parts (AAP) PT Raised to $70 at CFRA
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May 29, 2024 6:48 AM EDT
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 Ken Bush, senior vice president, chief merchant, will retire from the company after nearly 20 years and be succeeded by Bruce Starnes, who has been named executive vice president, chief merchant, effective June 24, 2024.
Mr. Starnes, 48, who will lead all aspects of merchandising strategy, joins Advance from the Target Corporation where he spent nearly 20 years in a variety of product management roles of... More
May 29, 2024 6:30 AM EDT
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 first quarter ended April 20, 2024.
Our team continues to execute against our decisive actions, including commencing our supply chain consolidation and making meaningful progress toward the potential sale of Worldpac, said Shane OKelly, president and chief executive officer. While the industry experienced a slower start to 2024 compared with our expectations, the actions we began in the... More
