Advance Auto Parts Inc. is down 40% after struggling in Q1 2023. Management should focus on optimizing operations, closing poor-performing stores, and improving product mix to increase cash flow for f
Shares of Advance Auto Parts Inc. took another dive Thursday, to extend the previous session's record plunge, after BofA Securities analyst Elizabeth Suzuki abandoned her longtime bullish stance follo
Margin performance is below par, full-year guidance was cut, and the board slashed the dividend. Investors will be hoping new management can turn around the company's fortunes next year.
Matt Maley, chief marketing strategist at Miller Tabak, joins ‘The Exchange' to discuss Advance Auto Parts as the stock is on pace for its worst day ever as the company posted a huge earnings miss.
Advance Auto's (AAP) Q1 earnings lags estimates, owing to a decline in comparable store sales and operating income. The company lowers its guidance for 2023.
Jenny Harrington, chief executive officer of Gilman Hill Asset Management, joins 'Halftime Report' to discuss Advance Auto Parts as the stock plummeted after the company's first-quarter earnings misse
Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Stree

Advance Auto Parts stock plunges on Q1 profit miss

10:24am, Wednesday, 31'st May 2023
Yahoo Finance Live's Julie Hyman and Brad Smith examine shares of Advance Auto Parts after the chain reported a larger than expected earnings miss in the first quarter.
Advance Auto Parts, Inc. (NYSE:AAP) is plunging this morning, last seen down 30.9% at $77.57 following the retailer's first-quarter earnings report.
Retailer Advance Auto Parts' first-quarter earnings missed estimates. The company also provided disappointing guidance and slashed its dividend.
Advance Auto Parts, Inc. (NYSE:AAP) has reported first-quarter results that missed expectations and slashed its dividend, sending its shares sliding close to 30% lower in Wednesday pre-market trade.
If you think Advance Auto Parts's NYSE: AAP 10X valuation and 5% yield are attractive, don't be fooled because the dividend just got cut, and the stock is heading lower, possibly much lower. The compa
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
Advance Auto Parts (AAP) came out with quarterly earnings of $0.72 per share, missing the Zacks Consensus Estimate of $2.60 per share. This compares to earnings of $3.57 per share a year ago.
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