These Analysts Increase Their Forecasts On Advance Auto Parts Following Upbeat Q2 Earnings
Advance Auto Parts Inc. AAP posted better-than-expected earnings for the second quarter on Thursday.The company reported second-quarter adjusted earnings per share of 69 cents, beating analysts' consensus estimate of 57 cents. Quarterly sales of $2.01 billion outpaced the Street view of $1.978 billion. Comparable store sales for the second quarter increased 0.1%."Our comparable sales performance was fueled by growth in the Pro business, and we are encouraged by the early signs of stabilization in our DIY bu ...