Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company said it will shut down 727 of its 4,492 stores. Of those 727 stores to close, ...
Advance Auto Parts' Q2 earnings disappointed. The company delivered weak same-store sales growth and lowered full-year guidance. Despite recent store closures and optimization, the company continues ...
Americans are snatching up used cars. Elevated new car prices could continue to spur demand for older vehicles and, as a result, used car parts. Advance Auto Parts still has a long road ahead. Shares ...
Advance Auto Parts, Inc. has stabilized sales, but margin expansion is challenged by tariffs, restructuring costs, and ongoing store investments. Recent debt issuance and a strong cash position ...
U.S. auto manufacturers did make a comeback in recent times after being hit by the COVID-19 pandemic in early-2020. Even though auto manufacturers haven’t recouped their losses completely in the third ...