- Advance Auto Parts Inc stock price today and history
Advance Auto Parts Inc (AAP) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Advance Auto Parts Inc stock price
Advance Auto Parts Inc latest news:
Retailers stumble but stocks are little changed overall
US stocks take small losses Tuesday as retailers like Dick's Sporting Goods, Advance Auto Parts and Coach fall.
Sharp losses for retailers pull stock US indexes lower
Declines for retailers including Dick's Sporting Goods, Advance Auto Parts and Coach are pulling US stocks lower Tuesday
Why Advance Auto Parts Shares Are Spiraling 22% Lower
While Advance Auto Parts' second-quarter results might not justify a drastic 22% drop, investors don't seem willing to stick around with so few near-term catalysts.
UPDATE: Advance Auto Parts shares slide 9% after profit miss
Advance Auto Parts Inc. shares slid 9% premarket Tuesday, after the company reported weaker-than-expected profit for the second quarter. The Roanoke, Va.-based aftermarket parts provider said it had net income of $87.0 million, or $1.17 a share, in the quarter, down from $124.6 million, or $1.68 a share, in the year-earlier quarter. Adjusted per-share earnings came to $1.58, below the FactSet consensus of $1.65. Same-store sales were flat, against expectations of a decline of 0.2%. "Our revised guidance for the year incorporates the impact of industry headwinds in the first half, which we expect to continue in the second half of the year and we are taking the appropriate actions to adapt to this environment," chief Executive Tom Greco said in a statement. The company is expecting full-year same-store sales to fall 3% to 1%, wider than the FactSet consensus for a decline of 0.5%. It expects to open 60 to 65 new stores this year. Shares have fallen 35% in 2017, while the S&P 500 has gained 10%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Advanced Drainage SystemsWMS
Advanced Semiconductor EngineeringASX
Advantage Oil & Gas LtdAAV
Advantest Corporation (Kabushiki Kaisha Advantest)ATE
Advent Claymore Convertible Securities and Income AVK
Advent Claymore Convertible Securities and Income AGC
Advent/Claymore Enhanced Growth & Income FundLCM
Aegean Marine Petroleum Network Inc.ANW