Advance Auto Parts IncAAP
▲ PositiveCapitalrelevance
Raised full-year EPS guidance and reported strong margin expansion, though sales were in line.
Impact on stocks 1
Consumer Discretionary
Advance Auto Parts IncAdvance Auto Parts reported second-quarter 2026 net sales of $2 billion and raised its full-year adjusted earnings-per-share guidance to a range of $2.60 to $3.30. Adjusted diluted EPS rose to $1.03 from $0.69 a year earlier, while adjusted operating margin expanded about 260 basis points to 5.6%, aided by $26 million in tariff refunds. The company reaffirmed its full-year outlook for approximately $8.5 billion in net sales and comparable-sales growth of 1% to 2%. CEO Shane O'Kelly said demand was volatile, with Pro sales up low-single digits and DIY sales down low-double digits. Advance Auto Parts also completed its distribution-center consolidation, reducing its network from nearly 40 facilities to 15.
Advance Auto Parts IncRaised full-year EPS guidance and reported strong margin expansion, though sales were in line.