— Advance Auto Parts, Inc. (NASDAQ: AAP) reported third-quarter 2019 earnings of $2.10 per share, vs. $2.05 per share expected.
— Net sales rose 1.6% to $2.3 billion, in line with market projection. Comparable store sales edged up 1.2%.
— Narrows comparable sales guidance for fiscal 2019 to 1-1.5%, compared to the prior estimate of 1-2%. Outlook on full-year net sales remains unchanged.
— AAP shares were down 4.6% immediately following the announcement.
Most Popular
Should investors worry about Micron’s (MU) weak Q4 results and guidance?
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a
NKE Earnings: Highlights of Nike’s Q1 2023 results
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss
