Advance Auto Parts Inc

AAP: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Advance Auto Parts Earnings: Near-Term Results Remain Weak; Long-Term Financial Targets Look Lofty

Noah Rohr

Nov 14, 2024

We plan to modestly reduce our $57 fair value estimate on no-moat Advance Auto Parts after digesting its lackluster third-quarter results and management’s long-term strategic outlook following its sale of Worldpac.

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Advance Auto Parts Inc

Advance Auto Parts Earnings: Near-Term Results Remain Weak; Long-Term Financial Targets Look Lofty

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