Advance Auto Parts is opening 30 new stores in 2025 despite Trump tariff threats
Despite swirling economic uncertainty—and tariffs that could hit the auto parts industry particularly hard—one large auto parts retailer is gearing up for expansion. Advance Auto Parts is going to open 30 new locations across the United States by the end of 2025, and aims to open “at least an additional 100 new locations through 2027,” according to a company announcement released on Tuesday.
Advance Auto Parts: Ready For A Major Turnaround
Advance Auto Parts may be down 85% from its peak, but it's beginning to show plenty of promise, with investors no where close to pricing in the potential upside. Despite disappointing Q4 results, including a significant EPS crash and margin contraction, the company's restructuring efforts and future guidance offer plenty of optimism. The sale of Worldpac for $1.45 billion will also help to drastically reduce debt, while ahead-of-schedule store closures are expected to boost EPS and financial stability going into H2.
Is Advance Auto Parts Turning The Corner? Analyst Predicts Slow Recovery And Market Share Losses
JPMorgan analyst Christopher Horvers reiterated the Neutral rating on Advance Auto Parts Inc. AAP, with a price forecast of $41.
Advance Auto Parts (AAP) Upgraded to Buy: What Does It Mean for the Stock?
Advance Auto Parts (AAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Build a Winning Portfolio With These 5 Bargain Price-to-Sales Stocks
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like AAP, PAGS, ROCK, GBX and CHX hold promise.
Why Advance Auto Parts Stock Got Creamed Today
Shares of car parts retail chain Advance Auto Parts (AAP -16.70%) got creamed on Wednesday after the company reported financial results for the fourth quarter of 2024 and issued guidance for 2025. Needless to say, it's not what investors were hoping for.
Advance Auto Parts Stock Sinks on Soft Q1 Sales Projections
Advance Auto Parts (AAP) shares sank Wednesday after the auto retailer's lackluster sales projections for the first quarter outweighed solid fourth-quarter results.
Advance Auto Q4 Loss Narrower Than Expected, Revenues Decline Y/Y
AAP reports a narrower-than-expected Q4 loss and expects 2025 net sales from continuing operations in the range of $8.4-$8.6 billion.
Advance Auto Parts, Inc. (AAP) Q4 2024 Earnings Call Transcript
Advance Auto Parts, Inc. (NYSE:AAP) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET.
Compared to Estimates, Advance Auto Parts (AAP) Q4 Earnings: A Look at Key Metrics
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Advance Auto Parts (AAP) Reports Q4 Loss, Tops Revenue Estimates
Advance Auto Parts (AAP) came out with a quarterly loss of $1.18 per share versus the Zacks Consensus Estimate of a loss of $1.38. This compares to loss of $0.59 per share a year ago.
Advance Auto Parts' stock skids as retailer predicts weak sales next quarter
Advance is also in the middle of a restructuring plan that will result in the closing of 500 stores.
