Advance Auto Parts (AAP) Misses Q2 EPS by 27c; cuts EPS guidance

Advance Auto Parts (NYSE: AAP) reported Q2 EPS of $1.43, $0.27 worse than the analyst estimate of $1.70. Revenue for the quarter came in at $2.69 billion versus the consensus estimate of $2.66 billion.

GUIDANCE:

Advance Auto Parts sees FY2023 EPS of $4.50-$5.10, down from the prior $6.00-6.50, and versus the consensus of $5.85. Advance Auto Parts sees FY2023 revenue of $11.25-11.35 billion, versus the consensus of $11.22 billion.

For earnings history and earnings-related data on Advance Auto Parts (AAP) click here.

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