Advance Auto Parts Q2 beats on adjusted EPS; FY outlook updated
Advance Auto Parts reports Q2 adjusted EPS of $1.03 versus $0.8 estimate, with Q2 sales of $2.000B versus $2.039B estimate and comparable sales growth of -0.5%, alongside FY adjusted EPS guidance of $2.6-3.3 versus $2.92 estimate.
AAP Advance Auto Parts RESULTS: Q2, Q2 ADJ EPS $1.03 vs.
EST $0.8, Q2 EPS $0.9, Q2 sales $2.000B vs.
EST $2.039B, Q2 comparable sales growth -0.5%, Q2 gross margin 46.2%, Advance Auto Parts Earnings Notes:, Outlook FY ADJ EPS $2.6-3.3 vs.
EST $2.92, Outlook FY comparable sales growth 1-2%, Outlook FY sales $8,485-8.575B vs.
EST $8.581B