Categories AlphaGraphs, Earnings, Industrials
AAP Infographic: Advance Auto Parts reports net loss for Q4 2023
Automotive parts retailer Advance Auto Parts, Inc. (NYSE: AAP) on Wednesday reported a net loss for the fourth quarter of 2023, compared to profit in the year-ago period.
The company reported a net loss of $35.13 million or $0.59 per share for the December quarter, compared to earnings of $82.9 million or $1.39 per share in the year-ago quarter.
Net sales remained broadly unchanged at $2.46 billion during the three months. Comparable store sales for the fourth quarter decreased by 1.4%
Shane O’Kelly, the company’s CEO, said, “Our full-year results are well below our expectations, and we are focused on instilling greater discipline and accountability both in the fundamental business and in how the organization executes across the board.”
Prior Performance
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
GIS Earnings: All you need to know about General Mills’ Q2 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its second quarter 2025 earnings results today. Net sales increased 2% year-over-year to $5.2 billion. Organic sales were up 1%. Net earnings attributable to
Earnings Preview: Accenture (ACN) likely had a strong start to fiscal 2025
For Accenture plc. (NYSE: ACN), 2024 was a fruitful year marked by positive financial performance. The professional service firm effectively navigated a challenging market environment leveraging its agile business model
Signet Jewelers (SIG): Fashion remains a strong point for the jewelery retailer
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 3% on Tuesday. The stock has dropped 12% over the past three months. The company faced challenges in the third
