Advance Auto Parts Q2 Profit Up, Comps Drop; Ups FY26 Adj.EPS View, Backs Sales Outlook; Stock Drops
Advance Auto PartsAdvance Auto Parts(US:AAP) RTTNews·2026-08-20 19:00

Automotive aftermarket parts provider Advance Auto Parts, Inc. (AAP) on Thursday raised fiscal 2026 adjusted earnings outlook after reporting significantly higher profit in its second quarter. Meanwhile, the quarterly sales and comparable sales declined from last year, and the firm maintained fiscal 2026 sales view.In pre-market activity on the NYSE, the shares were plunging around 18.08 percent, trading at $46.03.For fiscal 2026, the company now projects adjusted earnings in the range of $2.60 to $3.30 pe ...

Advance Auto Parts Q2 Profit Up, Comps Drop; Ups FY26 Adj.EPS View, Backs Sales Outlook; Stock Drops - Reportify