• Reported GAAP EPS of $0.40 • Reported revenue of $2.61B up 1.20% YoY • Advance Auto Parts reaffirms full year 2026 guidance, projecting net sales of $8.49B to $8.58B, comparable store sales growth of 1.00% to 2.00%, and adjusted diluted EPS of $2.40 to $3.10.
Bullish
Advance Auto Parts achieved 3.5% comparable sales growth, its strongest in five years, and expanded adjusted operating income margin by 410 bps to 3.8%, driving adjusted diluted EPS to $0.77.
Bearish
Advance Auto Parts saw GAAP diluted EPS decline to $0.39, with net cash used in operating activities of -$19M, and incurred $32M in restructuring expenses, reflecting ongoing operational adjustments.