Advance Auto Parts Q1 Same-Store Sales View Comes Up Short And Its Stock Falls -- MarketWatch

Dow Jones

Feb 26, 2025

Advanced Auto Parts Inc.'s stock was down 3% in premarket trading after the auto parts retailer issued a soft outlook for first-quarter same-store sales.

Advanced Auto Parts said it expects first-quarter same store sales to fall 2%, below the FactSet consensus estimate of a dip of 0.7%.

It's expecting first-quarter revenue of $2.5 billion, below the analyst estimate of $2.62 billion.

For full-year 2025, it's targeting adjusted earnings of $1.50 a share to $2.50 a share, while analysts current expected adjusted earnings of $1.55 a share.

Ahead of Wednesday's moves, Advanced Auto Parts stock was down 3% in 2025, while the S&P 500 has gained 1.3%.

(This is a developing news story with updates coming.)

-Steve Gelsi

For more from MarketWatch: http://www.marketwatch.com/newsviewer

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 26, 2025 06:59 ET (11:59 GMT)

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