Categories AlphaGraphs, Earnings, Industrials
Advance Auto Parts (AAP) Q2 Earnings: Key financials and quarterly highlights
Advance Auto Parts, Inc. (NYSE:AAP) reported second quarter 2020 earnings results today.
Net sales increased 7.3% year-over-year to $2.5 billion, driven by a 7.5% increase in comparable store sales mainly attributable to the company’s DIY Omnichannel business.
GAAP net income was $190 million compared to $125 million last year. GAAP EPS increased 58.4% to $2.74 while adjusted EPS rose 46% to $2.92 versus the year-ago quarter.
Through the first five weeks of the third quarter, the company has seen strong growth in DIY Omnichannel and positive comparable store sales in Professional.
Advance Auto is not providing guidance for the full year of 2020 due to the ongoing uncertainty related to the COVID-19 pandemic.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
KMI Earnings: A snapshot of Kinder Morgan’s Q1 2025 financial results
Kinder Morgan, Inc. (NYSE: KMI) on Wednesday announced financial results for the first quarter of 2025, reporting an increase in revenue. The energy infrastructure company's adjusted earnings were $0.34 per
Earnings Preview: What to expect when Boeing (BA) reports Q1 2025 results
The Boeing Company (NYSE: BA) ended the last fiscal year on a low note as it struggled to recover from the safety and quality-related setbacks from recent years. When the
What to look for when Hasbro (HAS) reports Q1 2025 earnings results
Shares of Hasbro, Inc. (NASDAQ: HAS) were down 1% on Wednesday. The stock has dropped 7% over the past three months. The toymaker is scheduled to report its earnings results
