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Advance Auto Parts (NYSE:AAP) Posts Q4 Sales In Line With Estimates, Stock Soars

Auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) reported results in line with analysts' expectations in Q4 FY2023, with revenue flat year on year at $2.46 billion. On the other hand, the company's full-year revenue guidance of $11.35 billion at the midpoint came in slightly below analysts' estimates. It made a GAAP loss of $0.59 per share, down from its profit of $2.88 per share in the same quarter last year.

Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results

Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results
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