Here's Why Advance Auto Parts Stock Revved Higher This Week
The perennial value stock is starting to deliver for investors, and there could be to come if management's plans come to fruition.
The perennial value stock is starting to deliver for investors, and there could be to come if management's plans come to fruition.
Advance Auto Parts Inc. (NYSE:AAP) on Thursday posted stronger-than-expected quarterly results.
Advance Auto Parts Inc. (NYSE: AAP) reported strong Q1 results, beating earnings and sales expectations. Analysts have raised price targets for AAP.
AAP posts a surprise Q1 profit as comparable sales rise 3.5%, gross margin expands and Pro demand fuels the strongest comp growth in five years.
Advance Auto Parts posted a big earnings beat in the first quarter. Stronger-than-expected margins have investors feeling bullish about the rest of the year.
Advance Auto Parts, Inc. (AAP) Q1 2026 Earnings Call Transcript
Advance Auto Parts shares jumped after the company posted an earnings and sales beat, driven by stronger Pro and DIY demand, merchandising gains and improving customer engagement despite consumer and geopolitical pressures.
Advance Auto Parts delivered strong Q1 results, with EPS of $0.77 and 3.5% same-store sales growth, signaling tangible turnaround progress. Gross margin improved 130bps to 45.1%, and operating margin expanded 410bps to 3.8%, reflecting successful merchandising and cost control initiatives. AAP maintained conservative full-year guidance despite Q1 outperformance, with EPS expected at $2.40-$3.10 and same-store sales growth of 1%-2%.
New jobless claims stay on the low side, Housing Starts up on multi-family and Walmart beats by a penny.
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
U.S. stocks were lower on Thursday, with Nasdaq falling over 200 points. Advance Auto Parts Inc (NYSE: AAP) jumped 16.4% after reporting better-than-expected Q1 results.
Advance Auto Parts NYSE: AAP reported what executives described as a solid start to fiscal 2026, with first-quarter comparable sales rising 3.5%, the company's strongest quarterly growth in five years.
Advance Auto Parts logged its strongest quarterly same-store sales growth in five years, with the company pointing to strength in its pro channel.
Advance Auto Parts (AAP) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to a loss of $0.22 per share a year ago.
The auto parts retailer reports better-than-expected earnings and sales growth in its fiscal first quarter.
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Advance Auto Parts (AAP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
JPMorgan analyst Christopher Horvers trimmed his price target on Advance Auto Parts (NYSE:AAP | AAP Price Prediction) to $59 from $64 on May 15, keeping a Neutral rating.