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Advance Auto Parts Inc. advanced 0.7% to $49.50 after the automotive aftermarket parts provider company reported a 67% drop in quarterly profit from a year ago.

Consolidated revenue edged down to $2 billion from $2.2 billion, net income dropped to $15 million from $45 million, and diluted earnings per share fell to 25 cents from 75 cents a year ago.

The company's board declared a regular cash dividend of $0.25 per share, payable on October 24 to shareholders on record on October 10. 

During the second quarter the comparable store sales increased by 0.1%.

Advance Auto Parts guided full-year revenue to be between $8.4 billion and $8.6 billion, and adjusted diluted earnings per share for continuing operations between $1.2 and $2.20.


18 Aug, 2025

     

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