Here's Why You Should Offload Advance Auto From Your Portfolio

Advance Auto Parts’ (AAP) top line is impacted by planned store closures and weakness in the DIY segment. The company also requires higher capital to support business growth.Let’s see what makes this Zacks Rank #5 (Strong Sell) stock a risky bet.Reduced Store Footprint, Weakness in DIY Ail Advance AutoAAP’s sales are impacted by planned store closures, which reduced net sales by about $700 million in the last 12 months. Pro-forma revenues for 2024 are expected to range from $8.2 billion to $8.4 billion, wit ...