Advance Auto Parts Inc
AAP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.wfYyQRY | LOCK|QqB | LOCK|lNK |
Advance Auto Parts Earnings: Shares Soar as Turnaround Progresses, but Still a Long Drive Ahead
Advance Auto Parts posted a 0.6% decline in comparable sales in the first quarter as modest growth in the pro channel was offset by weak demand in do-it-yourself. The firm also swung to an adjusted operating loss of $8 million, down from last year's adjusted operating profit of $56 million.
