Amid a year of sagging sales, Advance Auto Parts said it plans on closing over 700 locations by mid-2025. The company said it will reduce the number of Advance Auto Parts locations from 4,492 by 727.

RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself ...

Advance Auto Parts (AAP) is executing a turnaround, with shares up 30% over the past year and Q4 margins rebounding sharply. Gross margin expanded 520bps to 44.2% in Q4, driven by inventory ...

Advance Auto Parts' Q2 earnings disappointed. The company delivered weak same-store sales growth and lowered full-year guidance. Despite recent store closures and optimization, the company continues ...

Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company said it will shut down 727 of its 4,492 stores. Of those 727 stores to close, ...

RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself ...

The auto parts retailer is restructuring its operations as it struggles with operational losses and declining sales. The stock soared after the company reported better-than-expected Q1 earnings.

Shares of Advance Auto Parts have been under pressure amid disappointing earnings. Despite ongoing challenges, the company remains profitable with a solid balance sheet. Yet, the stock may remain ...