Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Advance Auto Parts remains rated Hold as turnaround progress is visible but not yet sufficient for a Buy. AAP's Q1 2026 showed 3.5% comparable sales growth, with Main Street Pro outperforming and DIY initiatives gaining traction. Margin expansion is real—adj. gross margin up >210 bps y/y and EBIT margin is up 410 bps y/y—but the 7% target remains distant.
O'Reilly and Advance Auto Parts have been highlighted in this Industry Outlook article.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
High rates, energy costs, and supply gaps weigh on auto parts. Yet rising vehicle age keeps demand alive.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
AAP posts a surprise Q1 profit as comparable sales rise 3.5%, gross margin expands and Pro demand fuels the strongest comp growth in five years.
Advance Auto Parts, Inc. (AAP) Q1 2026 Earnings Call Transcript
Advance Auto Parts delivered strong Q1 results, with EPS of $0.77 and 3.5% same-store sales growth, signaling tangible turnaround progress. Gross margin improved 130bps to 45.1%, and operating margin expanded 410bps to 3.8%, reflecting successful merchandising and cost control initiatives. AAP maintained conservative full-year guidance despite Q1 outperformance, with EPS expected at $2.40-$3.10 and same-store sales growth of 1%-2%.
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.