InvestorsKeyhole Morning News Leader

Advance Auto Parts extends gains on Q3 beat

Advance Auto Parts, Inc. (AAP) is up 9.0% Tuesday morning. The auto parts retailer posted adjusted third-quarter earnings of $1.89 per share on revenue of $2.27 billion. Analysts forecast earnings of $1.77 on sales of $2.23 billion.

Advance Auto Parts, Inc. (AAP) is an auto parts retailer.

Vodafone Group Plc (VOD) and Beazer Homes USA, Inc. (BZH) top the list of other companies with positive news today, while Tyson Foods, Inc. (TSN) and PG&E Corporation (PCG) top the list of companies with negative news.

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About Advance Auto Parts Inc W/I

Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 5,109 stores as of the end of 2018, in addition to servicing 1,231 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2018 sales from commercial clients, up from 30%-40% before the General Parts deal.

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