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Advance Auto Parts Inc (AAP)

AAP on New York Consolidated

151.01USD
27 Sep 2016
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Tue, Aug 16 2016

Advance Auto Parts quarterly revenue falls 4.8 percent

U.S. auto parts retailer Advance Auto Parts Inc reported a 4.8 percent fall in quarterly revenue as it grapples with "service shortfalls" and the unavailability of parts, sending the company's shares down more than 6 percent premarket.

BRIEF-Advance Auto Parts Q2 GAAP earnings per share $1.68

* Q2 earnings per share view $2.12 -- Thomson Reuters I/B/E/S

Advance Auto Parts quarterly revenue falls 4.8 pct

Aug 16 U.S. auto parts retailer Advance Auto Parts Inc reported a 4.8 percent fall in quarterly revenue due to store closures last year and as it consolidates its Carquest stores.

BRIEF-Advance Auto Parts announces departure of president George Sherman

* George Sherman will remain with company to assist with an orderly transition through end of year

BRIEF-Advance Auto Parts Q1 adj cash EPS $2.51

* Mike norona, chief financial officer, will be leaving company

U.S. RESEARCH ROUNDUP-Weatherford, General Motors, Endo International

May 6 Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Total System Services, Ubiquiti Networks and Advance Auto Parts, on Friday. HIGHLIGHTS * United Rentals Inc : Goldman Sachs cuts to sell from neutral * Weatherford International : Seaport Global Securities raises to buy from neutral * Endo International Plc : Mizuho Securities cuts to underperform from neutra

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