Advance Auto Parts Closing Hundreds of Stores in Turnaround Effort
More than 200 franchises will shutter, as well as more than 500 corporate stores as the chain retrenches in the face of ongoing losses.
Advance Auto Parts to exit Western U.S. as it closes more than 700 locations
S hares of Advance Auto Parts Inc. pulled a sharp early U-turn to trade higher Thursday, after the company laid out its plan to return to sales growth and to boost margins, including by closing more than 700 store locations.
Advance Auto Parts to close over 500 stores
Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through 2027.
Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
Advance Auto Parts to close more than 500 stores. Will Indiana shops be affected?
Advance Auto Parts is closing more than 500 shops nationwide. The retailer has more than 100 locations in Indiana.
Advance Auto Parts Is Closing Hundreds of Stores in an Effort to Turn Its Business Around
Advance Auto still outlined some wider turnaround efforts in Thursday's announcement. Despite these sizeable closures, the company noted goals like an “acceleration in pace of n
Advance Auto Parts to Close Stores as Sales Pressure Persists
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
Advance Auto Parts closing hundreds of locations following sluggish performance
Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Advance Auto Parts to close stores, cut jobs amid sluggish demand
Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars.
Advance Auto Parts stock tumbles on earnings miss, weak guidance
Advance Auto Parts, Inc. (NYSE: AAP) shares plunged 9.7% Thursday after the automotive parts retailer reported disappointing ...
Advance Auto Parts Unveils Strategic and Financial Plans
Advance Auto Parts Inc ( (AAP) ) has released its Q3 earnings. Here is a breakdown of the information Advance Auto Parts Inc presented to its ...
Benzinga.com1d
Advance Auto Parts Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Advance Auto Parts, Inc. AAP will release earnings results for its third quarter, before the opening bell on Thursday ...
Wall Street Journal1y
Advance Auto Parts Inc.
1 Day AAP 2.58% DJIA 0.11% S&P Mid Cap 400 -0.53% Retail/Wholesale 0.67% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price ...
MarketWatch3d
Advance Auto Parts Inc. stock outperforms competitors on strong trading day
Shares of Advance Auto Parts Inc. AAP advanced 6.97% to $40.54 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.10% to ...
Benzinga.com1d
Advance Auto Parts Posts Weak Results, Joins Harrow, Taysha Gene Therapies And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Thursday. Shares of ...