Advance Auto Parts has experienced a decline in market share; and was downgraded to junk status by S&P Global in September. The company has struggled with subpar gross margins, high SG&A expenses, and ...
Shares of Advance Auto Parts (NYSE: AAP) retreated for a second straight day Friday after reporting earnings on Wednesday. The news this week wasn't great. Revenues inched up less than 1%, ...
Advanced Auto Parts plans to close over 700 store locations by the middle of 2025. This down-size, which is due to increased financial challenges, is being done in hopes to improve the business' ...
Advance Auto Parts is now plotting an expansion. The automotive aftermarket parts provider said Wednesday it was "entering its next phase of returning to growth" with plans to launch 30 new stores in ...
The Zacks Retail and Wholesale Sector has been scorching hot over the last month, increasing by more than 13% in value and outperforming the S&P 500 by a fair margin. However, the sector is still deep ...
Raleigh-based Advance Auto Parts is closing more than 700 locations throughout the country. A news release from the company said the closures include 523 Advance corporate stores, 204 independent ...
Shares of Advanced Auto Parts (NYSE:AAP) were launched higher into Monday’s close after news of a settlement with activist investors Third Point and Saddle Point Management was reached that included ...
Investment management company Cove Street Capital recently released its “Small Cap Value Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, ...
You can add another firm to the list of companies that have been impacted by the recent data break-in at cloud storage company Snowflake. And that “another” is sizable, too – some 380 million ...
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Advanced Auto Parts botched its earnings report earlier this week and named a new CEO. Wall Street isn't happy with the news and keeps cutting price targets on the auto parts dealer. And yet, Advanced ...