Breaking News
Feb 28, 2023
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Advance Auto Parts said revenue in the fourth quarter increased 3.2% to $2.5 billion and comparable store sales rose 2.1%. Net income in the quarter decreased to $106.7 million from $81.7 million and diluted earnings per share rose to $1.79 from $1.30 a year ago.
Full- year 2022 revenue increased 1.4% to $11.2 billion and comparable sales rose 0.3% from a year ago. Net income decreased to $501.8 million from $616.1 million and diluted earnings per share declined to $8.27 from $9.55 a year ago.
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