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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.
Advance Auto Parts (AAP) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to a loss of $0.22 per share a year ago.
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Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Advance Auto Parts (AAP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
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Advance Auto Parts (AAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.
STRT heads into fiscal Q3 earnings results with declining EPS and revenue estimates, as cost cuts and stronger cash flow try to offset softer auto-driven sales.