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Advance Auto Parts: Q4 Earnings Snapshot

By AP News - Feb 26, 2025, 06:47 AM ET
Last Updated - Feb 26, 2025, 06:47 AM EST
Advance Auto Parts: Q4 Earnings Snapshot

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Advance Auto Parts Inc. (AAP) on Wednesday reported a loss of $414.8 million in its fourth quarter.

On a per-share basis, the Raleigh, North Carolina-based company said it had a loss of $6.92. Losses, adjusted for one-time gains and costs, came to $1.18 per share.

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The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $1.38 per share.

The auto parts retailer posted revenue of $2 billion in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $1.92 billion.

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