Advance Auto Parts(US:AAP)2025-10-30 12:00Q3 2025 Performance Highlights - Comparable store sales grew by 30% year-over-year[39] - Adjusted gross margin increased to 448%, a 257 basis points increase year-over-year[39] - Adjusted SG&A margin improved to 404%, a 110 basis points decrease year-over-year[45] - Adjusted operating income margin was 44%, a 368 basis points increase year-over-year[45] - Adjusted diluted earnings per share reached $092[42] - Net sales reached $20 billion, a 52% decrease year-over-year[39] Strategic Initiatives - Store availability targeted to reach the high 90%s range, with Q3 2025 achieving 96% to 97%[22] - Distribution center consolidation plan aims for 16 DCs by the end of 2025, compared to 38 at the end of 2023[25] - Market hub expansion is accelerating, with 14 openings planned in 2025, totaling 33 hubs by the end of 2025 and targeting 60 by mid-2027[30] - The company expects to open at least 100 new stores over the next two years[35] FY 2025 Guidance - Net sales are projected to be between $8550 million and $8600 million[48] - Comparable store sales are expected to grow by 070% to 130%[48]