Advance Auto Parts (AAP) Misses Q4 EPS by 80c. Tops on Revenue; Offers Guidance

Advance Auto Parts (NYSE: AAP) reported Q4 EPS of ($0.59), $0.80 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.46 billion.

"In 2024, we are refining our operational improvement plans and building on the decisive actions we have taken to turn around the company’s performance. We are committed to improving overall productivity and taking a disciplined approach to reducing expenses, which will support our focus on investing in our team members. Our 2024 full year guidance is reflective of the steps we must take to reset the business and solidify our foundation for the long term," said Ryan Grimsland, executive vice president and chief financial officer.

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

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