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Advance Auto Parts reports 5.3% surprise in Q3 adjusted EPS

Nasdaq +2 · ·by G4L

AAP
AAP Advance Auto Parts Inc
$45.88 -0.13%
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  1. 1Advance Auto Parts' Q3 adjusted EPS was $0.79, exceeding the consensus of $0.77.
  2. 2Advance Auto Parts' Q3 revenue of $2.012 billion was 1.4% below consensus.
  3. 3Management lowered the annual comparable sales guidance to approximately 1%.

So what's the key point?

Advance Auto Parts earned more profit than experts expected. However, revenue was lower than expected and the future sales outlook was lowered to 1%.

Source Nasdaq +2 · View original ↗

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