BUZZ-Advance Auto Parts rises as quarterly earnings beat estimates

Advance Auto Parts, Inc.

Advance Auto Parts, Inc.

AAP

0.00

** Shares of Advance Auto Parts AAP.N climb 4.3% to $53.45 premarket

** The firm beats quarterly profit and revenue estimates, driven by strong growth in its Pro business that serves commercial garages and repair workshops

** Posts Q1 adjusted EPS of 77 cents; analysts on an average expected 45 cents - data compiled by LSEG

** Forecasts 2026 adjusted EPS in $2.40 to $3.10 range, whose midpoint is slightly below $2.76 est.

** Reports Q1 net sales of $2.61 billion vs Wall Street estimates of $2.58 billion

** As of last close, stock had risen 30.4% YTD