William Blair on Advance Auto Parts (AAP), 'management’s turnaround efforts are seemingly working and starting to materialize'

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Advance Auto Parts Reports First Quarter 2025 Results and Reaffirms Full Year Guidance

May 22, 2025 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 19, 2025.

"The Advance team delivered better than expected sales and profitability in the first quarter and I want to thank them for their hard work and commitment to serving our customers. During the quarter, we also successfully completed our store footprint optimization within an accelerated timeframe, while continuing to make progress on our other... More