Advance Auto Parts Plunges 21% as Revenue Miss Overshadows Earnings Beat

Earnings
โดย 24/7 Wall St.·US·Read original
Summary · why it matters

Advance Auto Parts shares plunged 21% to $44.33 after the company reported second-quarter 2026 results that paired a headline earnings beat with a revenue miss and negative comparable sales. Adjusted diluted EPS of $1.03 topped the $0.81 consensus by 27.9%, but revenue of $2 billion missed the $2.04 billion estimate and slipped 0.5% year over year, while comparable store sales declined 0.5%. The earnings beat included a one-time $26 million tariff refund worth $0.31 per share, and the company reaffirmed fiscal 2026 net sales of $8.485 billion to $8.575 billion, a midpoint below the $8.58 billion consensus, while raising full-year adjusted EPS guidance to $2.60 to $3.30 from $2.40 to $3.10. AutoZone fell 4% to $2,961, O'Reilly Automotive slipped 2% to $89.57, and Genuine Parts dropped 3% to $131.05 as softening do-it-yourself demand spooked the broader auto parts sector despite no issues with their own results. Advance Auto Parts entered the print up 45% year to date, amplifying the drop as tighter household budgets hit DIY shoppers harder than management anticipated.

Impact on stocks 5

Consumer Discretionary▼ · 4 stocks
Advance Auto Parts Inc
AAP
▼ NegativeCapitalrelevance

Revenue miss and negative comps overshadowed earnings beat, causing shares to plunge 21%.

AutoZone Inc
AZO
▼ NegativeDemandrelevance

Softening DIY demand spooked the sector, with AutoZone falling 4% despite no issues in its own results.

Genuine Parts Co
GPC
▼ NegativeDemandrelevance

Softening DIY demand spooked the sector, with Genuine Parts dropping 3% despite no issues in its own results.

O’Reilly Automotive Inc
ORLY
▼ NegativeDemandrelevance

Softening DIY demand spooked the sector, with O'Reilly slipping 2% despite no issues in its own results.

Artificial Intelligence▲ · 1 stocks
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