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Core Insights - Advance Auto Parts Inc. reported stronger-than-expected third-quarter earnings with earnings per share of $0.92, surpassing analyst expectations of $0.77 [1] - The company's revenue for the quarter was $2 billion, closely aligning with the consensus estimate of $2.02 billion, while comparable store sales increased by 3% [1] Financial Guidance - The company narrowed its 2025 earnings guidance to a range of $1.75 to $1.85 per share, compared to the previous projection of $1.20 to $2.20, which is slightly above the analyst forecast of $1.73 [2] - Revenue expectations for 2025 were raised to between $8.55 billion and $8.6 billion, up from the prior range of $8.4 billion to $8.6 billion, aligning with the $8.57 billion consensus [2] - Advance Auto Parts refined its comparable sales growth forecast to 0.7% to 1.3%, compared to the earlier estimate of 0.5% to 1.5% [2]

For the quarter ended September 2025, Advance Auto Parts (AAP) reported revenue of $2.04 billion, down 5.2% over the same period last year. EPS came in at $0.92, compared to -$0.04 in the year-ago quarter.The reported revenue represents a surprise of +1.54% over the Zacks Consensus Estimate of $2.01 billion. With the consensus EPS estimate being $0.74, the EPS surprise was +24.32%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Advance Auto Parts (NYSE:AAP) Q3 2025 Earnings Call October 30, 2025 08:00 AM ET Speaker2Hello and welcome everyone to the Advance Auto Parts third quarter 2025 earnings conference call. I would now like to turn it over to Lavesh Hemnani, Vice President, Investor Relations.Speaker0Good morning and thank you for participating in today's call. I'm joined by Shane O'Kelly, President and Chief Executive Officer, and Ryan Grimsland, Executive Vice President and Chief Financial Officer. During today's call we wil ...

Advance Auto Parts (NYSE:AAP) Q3 2025 Earnings Call October 30, 2025 08:00 AM ET Speaker0Hello, and welcome everyone to the Advanced Auto Parts Third Quarter twenty twenty five Earnings Conference Call. I would now like to turn it over to Luvesh Habnani, Vice President, Investor Relations.Speaker1Good morning and thank you for participating in today's call. I'm joined by Shane O'Kelly, President and Chief Executive Officer and Ryan Grimsland, Executive Vice President and Chief Financial Officer. During toda ...

Advance Auto Parts (AAP) came out with quarterly earnings of $0.92 per share, beating the Zacks Consensus Estimate of $0.74 per share. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +24.32%. A quarter ago, it was expected that this auto parts retailer would post earnings of $0.59 per share when it actually produced earnings of $0.69, delivering a surprise of +16.95%.Over the last four quarters ...

Q3 2025 RESULTS OCTOBER 30 | 2025 Forward Looking Statements and Non-GAAP Certain statements herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are usually identifiable by words such as "anticipate," "believe," "could," "estimate," "expect," "forecast, "guidance," "intend," "likely," "may," "plan," "position," "possible," "potential," "probable," "project," "should," "strategy," "target," "will," or similar language. ...

Core Insights - The automotive supplier achieved a 3% same-store sales growth for the third quarter [1] Group 1 - The company reported a positive performance in its same-store sales, indicating resilience in its operations despite market challenges [1]

Financial Performance - Third quarter 2025 net sales totaled $2.0 billion, a decrease from $2.1 billion in the same quarter of the prior year, with comparable store sales increasing by 3.0%[4] - Gross profit for the third quarter 2025 was $0.9 billion, representing 43.3% of net sales, an increase from 42.3% in the prior year, driven by cost savings from footprint optimization and strategic sourcing initiatives[5] - Selling, general and administrative (SG&A) expenses were $0.9 billion, or 42.2% of net sales, slightly down from 42.3% in the prior year, with adjusted SG&A expenses at $0.8 billion, or 40.4% of net sales[6] - Operating income for the third quarter 2025 was $22 million, or 1.1% of net sales, compared to break-even operating income in the same quarter of the prior year, with adjusted operating income at $90 million, or 4.4% of net sales[7] - The diluted earnings per share for the quarter was $(0.02), an improvement from $(0.42) in the third quarter of 2024, while adjusted diluted earnings per share was $0.92 compared to $(0.05) in the prior year[12] - Free cash flow through the third quarter of 2025 was an outflow of $277 million, compared to an outflow of $49 million in the same period of the prior year, including approximately $130 million in cash charges related to restructuring[13] - Net sales for the twelve weeks ended October 4, 2025, were $2,036 million, a decrease of 5.2% compared to $2,148 million for the same period in 2024[25] - Gross profit for the forty weeks ended October 4, 2025, was $2,864 million, down 6.4% from $3,061 million in 2024[25] - Operating loss for the twelve weeks ended October 4, 2025, was $22 million, compared to an operating income of $0 million in the same period of 2024[25] - Net income from continuing operations for the forty weeks ended October 4, 2025, was $38 million, an increase from $23 million in 2024[27] - The company reported a net cash used in operating activities of continuing operations of $118 million for the forty weeks ended October 4, 2025[27] - The company’s basic earnings per share from continuing operations was $(0.02) for the twelve weeks ended October 4, 2025, compared to $(0.42) in the same period of 2024[25] - For the twelve weeks ended October 4, 2025, the company reported a net loss from continuing operations of $1 million, compared to a loss of $25 million for the same period in 2024[34] - Adjusted net income for the twelve weeks ended October 4, 2025, was $56 million, a significant improvement from a loss of $3 million in the same period last year[34] - The company's gross profit for the twelve weeks ended October 4, 2025, was $913 million, with an adjusted gross profit margin of 44.8%, compared to 42.3% in the same period of 2024[40] - Selling, general and administrative (SG&A) expenses for the twelve weeks ended October 4, 2025, were $823 million, resulting in an adjusted SG&A margin of 40.4%[41] - The company experienced a free cash flow of $(277) million for the forty weeks ended October 4, 2025, which includes approximately $130 million of cash charges related to restructuring[43] Liquidity and Debt - The company ended the quarter with over $3 billion in cash on the balance sheet, indicating a strong liquidity position[9] - Cash and cash equivalents at the end of the period were $3,174 million, significantly up from $491 million at the end of the previous year[28] - The company raised $1,950 million through the issuance of long-term debt during the forty weeks ended October 4, 2025[27] - Total debt as of October 4, 2025, was $3.411 billion, with an adjusted net debt of $2.489 billion[44] - The adjusted net debt to adjusted EBITDAR ratio was 2.6, indicating the company's leverage position[44] Future Outlook and Strategy - The company has updated its full year 2025 guidance, projecting net sales from continuing operations between $8,550 million and $8,600 million, with comparable store sales growth expected between 0.7% and 1.3%[16] - The company plans to open 30 new stores and 14 new market hubs in the upcoming period, maintaining its growth strategy[16] - The company declared a regular cash dividend of $0.25 per share, to be paid on January 23, 2026, to stockholders of record as of January 9, 2026[14] - The company incurred $33 million in restructuring and related expenses during the twelve weeks ended October 4, 2025[25] - The company recorded $37 million in gross profit adjustments for the forty weeks ended October 4, 2025, reflecting ongoing transformation efforts[42] - The company anticipates continued restructuring and transformation expenses, which are expected to impact future financial performance[46] - The company emphasizes the use of non-GAAP financial measures to provide insight into its core operating performance and future prospects[29] Store Operations - During the forty weeks ended October 4, 2025, the company opened 26 new stores while closing 517, resulting in a total of 4,297 stores[45]

Oct 30, 2025 6:30 AM Eastern Daylight Time Advance Auto Parts Reports Third Quarter 2025 Results Share 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 customers, announced its financial results for the third quarter ended October 4, 2025. "We delivered our strongest quarterly performance in over two years, thanks to the team's determination, commitment to our turn ...