Advance Auto Components, Inc. (NYSE: AAP) reported its second quarter 2024 earnings outcomes immediately.
Web gross sales had been $2.7 billion, which was flat in comparison with the identical interval a yr in the past. Comparable retailer gross sales elevated 0.4%.
Web earnings was $45 million, or $0.75 per share, in comparison with $78.6 million, or $1.32 per share, final yr.
Income beat expectations whereas earnings missed estimates.
For the complete yr of 2024, the corporate expects web gross sales of $11.15-11.25 billion and EPS of $2.00-2.50. Comparable retailer gross sales are anticipated to vary between down 1% to flat.
The inventory fell over 8% in premarket hours on Thursday.
Prior efficiency
