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Key highlights from Advance Auto Parts (AAP) Q3 2020 earnings results

By Staff Correspondent |
Advance Auto Parts reports Q3 2020 earnings results

Advance Auto Parts, Inc. (NYSE: AAP) reported third quarter 2020 earnings results today.

Net sales increased 9.9% to $2.5 billion compared to last year. Comparable sales rose 10.2%.

Net income was $147.4 million, or $2.13 per share, compared to $123.6 million, or $1.75 per share, last year. Adjusted EPS increased 34% to $2.81.

The company is not providing guidance at this time due to the prevailing uncertainty related to the COVID-19 pandemic.

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