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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Advance Auto Parts Tumbles On Weak Outlook, Margin Concerns

Kate McShane DIY
Advance,Auto,Parts,Store,In,Wilmington,,,Nc,,Usa,,August

Advance Auto Parts Inc. (NYSE:AAP) shares are trading lower 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.

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