Advance Auto Parts, Inc. (NYSE: AAP) reported first-quarter 2021 earnings results today.
Net sales increased 23.4% to $3.3 billion compared to last year. Comparable store sales rose 24.7%.
Net income was $185.9 million, or $2.81 per share, compared to $43.5 million, or $0.63 per share, last year.
Adjusted EPS increased 234% to $3.34 compared to analysts’ estimate of $1.97.
When online platforms thrived on the unusually strong traffic growth during the shutdown, as home-bound people turned to video-streaming and gaming sites, there was speculation that the trend might reverse
Production disruption and logistics issues continue to have a crippling effect on the industrial sector but the performance of companies, in general, has been mixed so far. Fastenal Company (NASDAQ:
Netflix, Inc. (NASDAQ: NFLX) Thursday said it added 8.3 million paid members in the December quarter. Revenues increased and matched estimates, aided by the relaxation of COVID restrictions and resumption