InvestorsKeyhole Morning News Leader

Advance Auto Parts gaps higher on Q4 results

Advance Auto Parts, Inc. (AAP) is up 11.7% Wednesday morning. The auto parts retailer posted fourth-quarter earnings of 77 cents per share, versus the consensus 65 cents Sales for the quarter were $2.04 billion, slightly higher than the $2.02 billion estimate.

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

LivePerson, Inc. (LPSN) and KB Home (KBH) top the list of other companies with positive news today, while Shopify Inc. (SHOP) and DISH Network Corporation (DISH) 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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