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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
