Advance Auto Parts Stock Sinks on Soft Q1 Sales Projections

Core Insights - Advance Auto Parts (AAP) shares declined significantly due to disappointing sales projections for Q1, overshadowing better-than-expected Q4 results [1][5] - The company reported Q4 sales of $2.00 billion, slightly down year-over-year but exceeding analyst expectations [1][5] - An adjusted loss of$1.18 per share was recorded, with comparable store sales declining by 1%, both figures better than consensus estimates [1][5] Q1 Projections - Advance Auto Parts anticipates Q1 sales to be around $2.5 billion, reflecting a 2$2.61 billion and a 0.51% decline [2] Analyst Commentary - JPMorgan analysts described the results as a "mixed bag" with low visibility and suggested that 2025 sales will be more weighted towards the second half of the year [3][5] - The company previously announced a turnaround plan that includes closing over 700 company-owned and independent stores [3] Stock Performance - Shares of Advance Auto Parts fell nearly 13% on the reporting day and have lost approximately one-third of their value over the past year, reaching decade-plus lows [4][5]