Advance Auto Parts Reports First Quarter 2023 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
It would be difficult to put capital to work behind a name about to undergo a transition to a new CEO. It's also difficult to see how a change can not help..AAP