Categories Consumer, Earnings

Advance Auto Parts, Inc. (AAP): Q4 2019 Earnings Snapshot

Advance Auto Parts Q4 2019 earnings

— Advance Auto Parts, Inc. (NYSE: AAP)reported its fourth-quarter 2019 earnings of $1.64 per share vs. $1.35 per share expected.  

— Net sales was almost flat at $2.11 billion, versus $2.12 billion expected, as comparable store sales edged up 0.1%.

— For fiscal year 2020, the company expects net sales in the range of $9.88-10.10 billion. Comparable store sales are projected to be flat to 2% during this period. 

— Capital expenditures for the year are estimated in the range of $275-325 million.

— AAP stock ended its last trading session down 0.7% on Friday. 

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

Also Read:  Chipotle Mexican Grill, Inc. (CMG): Q4 2019 Earnings Snapshot

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