AAP Q3 2025

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Earnings

Advance Auto Parts delivered a sharp turnaround in its fiscal third quarter, posting adjusted diluted EPS of $0.92 compared to a loss of $0.05 a year ago, as an aggressive store-closure program began translating into meaningful margin recovery. Net s… Read more Advance Auto Parts delivered a sharp turnaround in its fiscal third quarter, posting adjusted diluted EPS of $0.92 compared to a loss of $0.05 a year ago, as an aggressive store-closure program began translating into meaningful margin recovery. Net sales came in at $2.04 billion, down from $2.15 billion in the prior-year period, reflecting the deliberate closure of 517 stores as part of the company's footprint optimization, but the leaner network drove adjusted gross margin to 44.8% from 42.3% and pushed adjusted operating income to $90.00 million, versus just $16.00 million a year ago. Comparable store sales grew 3.0%, with both the Professional installer and DIY channels contributing positively. Results were partially weighed down by a $28.00 million charge tied to a supplier's Chapter 11 bankruptcy filing. The company reaffirmed the midpoint of its full-year guidance, targeting net sales of $8.55 billion to $8.60 billion and adjusted diluted EPS of $1.75 to $1.85, with roughly 200 basis points of annual margin expansion expected in this first year of its turnaround.