Categories AlphaGraphs, Earnings, Industrials

AAP Earnings: Advance Auto Parts Q3 loss narrows; sales down 3%

Advance Auto Parts, Inc. (NYSE: AAP) on Thursday reported a narrower net loss for the third quarter of 2024, when the automotive parts retailer’s sales declined modestly.

Advance Auto Parts Q3 2024 earnings infographic

The company reported a net loss of $6.0 million or $0.10 per share for the third quarter, compared to a loss of $62.0 million or $1.04 per share in the year-ago quarter.

Net sales decreased 3% year-over-year to $2.15 billion during the three months. Comparable store sales for the third quarter decreased 2.3%

Shane O’Kelly, the company’s CEO, said, “We are charting a clear path forward and introducing a new three-year financial plan, with a focus on executing core retail fundamentals to improve the productivity of all our assets and to create shareholder value.”

Prior Performance

  • Advance Auto Parts Q1 2024 earnings infographic
  • Advance Auto Parts Q4 2023 earnings infographic

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

Important takeaways from Conagra Brands’ Q3 2025 report

Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The

Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report

Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the

Summary: Tesla (TSLA) reports Q1 2025 production, deliveries

Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close