Advance Auto Parts Q2 Earnings Call Highlights
Executive Vice President and Chief Financial Officer Ryan Grimsland said comparable sales rose about 1% during the first eight weeks of the quarter, when Pro sales grew at a low-single-digit rate and DIY sales were roughly flat. Trends weakened in the final four weeks as the company faced difficult comparisons, price increases tied to commodity costs and softer DIY volumes. "Within Pro, the Main Street business continued to outpace overall growth, supporting share gains in that segment," O'Kelly said. He ad ...